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Arizona vs Minnesota Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Arizona vs Minnesota

Total Expenditure

Arizona

$87.6 billion

Minnesota

$54.2 billion

Arizona is 61.6% higher
General Fund

Arizona

$12.4 billion

Minnesota

$24.7 billion

Arizona is 49.6% lower
Total Revenue

Arizona

โ€”

Minnesota

โ€”

Not comparable
General Fund Revenue

Arizona

$16.7 billion

Minnesota

$30.3 billion

Arizona is 44.9% lower
Rainy Day Fund

Arizona

$982 million

Minnesota

$3.3 billion

Arizona is 69.8% lower
State GDP

Arizona

$598.2 billion

Minnesota

$531.5 billion

Arizona is 12.6% higher

Receipts & Expenditure Comparison

ParticularsArizonaMinnesotaDifference
Total Expenditure (all funds)$87.6 billion$54.2 billion+61.6%
General Fund Expenditure$12.4 billion$24.7 billion-49.6%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$16.7 billion$30.3 billion-44.9%
Rainy Day Fund$982 million$3.3 billion-69.8%
State GDP$598.2 billion$531.5 billion+12.6%

Arizona per resident

$11,496

Minnesota per resident

$9,303

Arizona โ€” Spending Composition

Minnesota โ€” Spending Composition

Category-wise Allocation โ€” Arizona vs Minnesota

CategoryArizonaMinnesotaDifference
1. All Other
$42.3 billion
$17.7 billion
+139.0%
2. Medicaid
$23.2 billion
$16.9 billion
+37.5%
3. K-12 Education
$8.7 billion
$12.1 billion
-28.4%
4. Higher Education
$8.1 billion
$1.9 billion
+319.7%
5. Transportation
$3.9 billion
$4.6 billion
-16.8%
6. Corrections
$1.3 billion
$665 million
+98.8%
7. Public Assistance
$196 million
$314 million
-37.6%

Compare Another Fiscal Year

Understanding This Comparison

State budgets are compared on an all-funds basis โ€” the total across the general fund, federal grants, and dedicated state funds. This is the fairer measure, because states differ widely in how much they route outside the general fund. The general fund row shows the discretionary portion that state legislatures actually debate.

Fiscal years differ between states: most run July to June, Alabama and Michigan run October to September, and New York runs April to March. Figures labelled with the same fiscal year therefore cover slightly different periods.

Definitions for every term used here are in the US budget glossary. To compare across countries, see India budget comparisons.

Explore more budget data

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