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Louisiana vs Georgia Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Louisiana vs Georgia

Total Expenditure

Louisiana

$43.0 billion

Georgia

$75.1 billion

Louisiana is 42.8% lower
General Fund

Louisiana

$11.9 billion

Georgia

$29.3 billion

Louisiana is 59.4% lower
Total Revenue

Louisiana

โ€”

Georgia

$70.2 billion

Not comparable
General Fund Revenue

Louisiana

$13.9 billion

Georgia

$36.0 billion

Louisiana is 61.4% lower
Rainy Day Fund

Louisiana

$974 million

Georgia

$5.4 billion

Louisiana is 81.9% lower
State GDP

Louisiana

$340.1 billion

Georgia

$924.8 billion

Louisiana is 63.2% lower

Receipts & Expenditure Comparison

ParticularsLouisianaGeorgiaDifference
Total Expenditure (all funds)$43.0 billion$75.1 billion-42.8%
General Fund Expenditure$11.9 billion$29.3 billion-59.4%
Total Revenueโ€”$70.2 billionโ€”
General Fund Revenue$13.9 billion$36.0 billion-61.4%
Rainy Day Fund$974 million$5.4 billion-81.9%
State GDP$340.1 billion$924.8 billion-63.2%

Louisiana per resident

$9,316

Georgia per resident

$6,648

Louisiana โ€” Spending Composition

Georgia โ€” Spending Composition

Category-wise Allocation โ€” Louisiana vs Georgia

CategoryLouisianaGeorgiaDifference
1. All Other
$13.4 billion
$21.4 billion
-37.5%
2. Medicaid
$16.2 billion
$17.5 billion
-7.4%
3. K-12 Education
$7.3 billion
$16.7 billion
-56.3%
4. Higher Education
$3.2 billion
$12.2 billion
-74.1%
5. Transportation
$2.0 billion
$5.1 billion
-61.5%
6. Corrections
$1.1 billion
$2.0 billion
-45.2%
7. Public Assistance
$0 million
$334 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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