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Connecticut vs Kentucky Budget FY2022

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Connecticut vs Kentucky

Total Expenditure

Connecticut

$41.5 billion

Kentucky

$45.4 billion

Connecticut is 8.5% lower
General Fund

Connecticut

$20.7 billion

Kentucky

$13.0 billion

Connecticut is 58.5% higher
Total Revenue

Connecticut

โ€”

Kentucky

โ€”

Not comparable
General Fund Revenue

Connecticut

$22.0 billion

Kentucky

$14.8 billion

Connecticut is 48.3% higher
Rainy Day Fund

Connecticut

$3.3 billion

Kentucky

$2.5 billion

Connecticut is 32.7% higher
State GDP

Connecticut

$376.5 billion

Kentucky

$306.9 billion

Connecticut is 22.7% higher

Receipts & Expenditure Comparison

ParticularsConnecticutKentuckyDifference
Total Expenditure (all funds)$41.5 billion$45.4 billion-8.5%
General Fund Expenditure$20.7 billion$13.0 billion+58.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$22.0 billion$14.8 billion+48.3%
Rainy Day Fund$3.3 billion$2.5 billion+32.7%
State GDP$376.5 billion$306.9 billion+22.7%

Connecticut per resident

$11,264

Kentucky per resident

$9,854

Connecticut โ€” Spending Composition

Kentucky โ€” Spending Composition

Category-wise Allocation โ€” Connecticut vs Kentucky

CategoryConnecticutKentuckyDifference
1. All Other
$16.8 billion
$9.9 billion
+69.4%
2. Medicaid
$9.3 billion
$14.9 billion
-37.4%
3. Higher Education
$4.6 billion
$9.2 billion
-49.8%
4. K-12 Education
$5.4 billion
$7.6 billion
-29.7%
5. Transportation
$4.4 billion
$2.8 billion
+55.7%
6. Corrections
$718 million
$782 million
-8.2%
7. Public Assistance
$369 million
$222 million
+66.2%

Compare Another Fiscal Year

FY2027FY2025FY2024FY2023FY2022FY2021

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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