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Arkansas vs Missouri Budget FY2023

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Arkansas vs Missouri

Total Expenditure

Arkansas

$33.5 billion

Missouri

$38.2 billion

Arkansas is 12.4% lower
General Fund

Arkansas

$5.9 billion

Missouri

$12.5 billion

Arkansas is 52.7% lower
Total Revenue

Arkansas

โ€”

Missouri

โ€”

Not comparable
General Fund Revenue

Arkansas

$7.2 billion

Missouri

$13.2 billion

Arkansas is 45.7% lower
Rainy Day Fund

Arkansas

$1.5 billion

Missouri

$893 million

Arkansas is 71.3% higher
State GDP

Arkansas

$198.4 billion

Missouri

$468.5 billion

Arkansas is 57.6% lower

Receipts & Expenditure Comparison

ParticularsArkansasMissouriDifference
Total Expenditure (all funds)$33.5 billion$38.2 billion-12.4%
General Fund Expenditure$5.9 billion$12.5 billion-52.7%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$7.2 billion$13.2 billion-45.7%
Rainy Day Fund$1.5 billion$893 million+71.3%
State GDP$198.4 billion$468.5 billion-57.6%

Arkansas per resident

$10,739

Missouri per resident

$6,087

Arkansas โ€” Spending Composition

Missouri โ€” Spending Composition

Category-wise Allocation โ€” Arkansas vs Missouri

CategoryArkansasMissouriDifference
1. Medicaid
$9.8 billion
$15.6 billion
-37.5%
2. All Other
$11.6 billion
$9.0 billion
+29.3%
3. K-12 Education
$4.5 billion
$8.3 billion
-45.3%
4. Higher Education
$4.8 billion
$1.3 billion
+257.6%
5. Transportation
$2.2 billion
$2.8 billion
-20.1%
6. Corrections
$514 million
$879 million
-41.5%
7. Public Assistance
$0 million
$267 million
-100.0%

Compare Another Fiscal Year

FY2025FY2024FY2023FY2022FY2021

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.

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