Iowa vs West Virginia Budget FY2024
Spending, revenue and category allocations compared side by side.
Key Budget Metrics โ Iowa vs West Virginia
Iowa
$31.6 billion
West Virginia
$25.8 billion
Iowa
$8.6 billion
West Virginia
$6.3 billion
Iowa
โ
West Virginia
โ
Iowa
$9.8 billion
West Virginia
$5.7 billion
Iowa
$961 million
West Virginia
$1.3 billion
Iowa
$277.1 billion
West Virginia
$109.3 billion
Receipts & Expenditure Comparison
| Particulars | Iowa | West Virginia | Difference |
|---|---|---|---|
| Total Expenditure (all funds) | $31.6 billion | $25.8 billion | +22.4% |
| General Fund Expenditure | $8.6 billion | $6.3 billion | +35.0% |
| Total Revenue | โ | โ | โ |
| General Fund Revenue | $9.8 billion | $5.7 billion | +70.8% |
| Rainy Day Fund | $961 million | $1.3 billion | -23.5% |
| State GDP | $277.1 billion | $109.3 billion | +153.6% |
Iowa per resident
$9,762
West Virginia per resident
$14,618
Iowa โ Spending Composition
West Virginia โ Spending Composition
Category-wise Allocation โ Iowa vs West Virginia
| Category | Iowa | West Virginia | Difference |
|---|---|---|---|
1. All Other | $6.5 billion | $13.0 billion | -50.3% |
2. Medicaid | $9.2 billion | $5.1 billion | +80.7% |
3. Higher Education | $8.0 billion | $2.1 billion | +278.8% |
4. K-12 Education | $5.0 billion | $3.2 billion | +55.4% |
5. Transportation | $2.5 billion | $1.9 billion | +31.6% |
6. Corrections | $532 million | $511 million | +4.1% |
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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