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Colorado vs Missouri Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Colorado vs Missouri

Total Expenditure

Colorado

$40.7 billion

Missouri

$38.2 billion

Colorado is 6.7% higher
General Fund

Colorado

$19.0 billion

Missouri

$12.5 billion

Colorado is 51.9% higher
Total Revenue

Colorado

โ€”

Missouri

โ€”

Not comparable
General Fund Revenue

Colorado

$18.0 billion

Missouri

$13.2 billion

Colorado is 36.0% higher
Rainy Day Fund

Colorado

$2.4 billion

Missouri

$893 million

Colorado is 171.8% higher
State GDP

Colorado

$584.3 billion

Missouri

$468.5 billion

Colorado is 24.7% higher

Receipts & Expenditure Comparison

ParticularsColoradoMissouriDifference
Total Expenditure (all funds)$40.7 billion$38.2 billion+6.7%
General Fund Expenditure$19.0 billion$12.5 billion+51.9%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$18.0 billion$13.2 billion+36.0%
Rainy Day Fund$2.4 billion$893 million+171.8%
State GDP$584.3 billion$468.5 billion+24.7%

Colorado per resident

$6,771

Missouri per resident

$6,087

Colorado โ€” Spending Composition

Missouri โ€” Spending Composition

Category-wise Allocation โ€” Colorado vs Missouri

CategoryColoradoMissouriDifference
1. Medicaid
$13.6 billion
$15.6 billion
-12.7%
2. All Other
$11.0 billion
$9.0 billion
+22.1%
3. K-12 Education
$7.1 billion
$8.3 billion
-13.7%
4. Higher Education
$6.1 billion
$1.3 billion
+355.8%
5. Transportation
$1.8 billion
$2.8 billion
-35.9%
6. Corrections
$1.1 billion
$879 million
+20.7%
7. Public Assistance
$0 million
$267 million
-100.0%

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.

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