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Louisiana vs Missouri Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Louisiana vs Missouri

Total Expenditure

Louisiana

$43.3 billion

Missouri

$41.7 billion

Louisiana is 3.8% higher
General Fund

Louisiana

$12.0 billion

Missouri

$14.6 billion

Louisiana is 17.8% lower
Total Revenue

Louisiana

โ€”

Missouri

โ€”

Not comparable
General Fund Revenue

Louisiana

$12.2 billion

Missouri

$13.4 billion

Louisiana is 9.2% lower
Rainy Day Fund

Louisiana

$1.1 billion

Missouri

$928 million

Louisiana is 14.0% higher
State GDP

Louisiana

$340.1 billion

Missouri

$468.5 billion

Louisiana is 27.4% lower

Receipts & Expenditure Comparison

ParticularsLouisianaMissouriDifference
Total Expenditure (all funds)$43.3 billion$41.7 billion+3.8%
General Fund Expenditure$12.0 billion$14.6 billion-17.8%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$12.2 billion$13.4 billion-9.2%
Rainy Day Fund$1.1 billion$928 million+14.0%
State GDP$340.1 billion$468.5 billion-27.4%

Louisiana per resident

$9,371

Missouri per resident

$6,651

Louisiana โ€” Spending Composition

Missouri โ€” Spending Composition

Category-wise Allocation โ€” Louisiana vs Missouri

CategoryLouisianaMissouriDifference
1. Medicaid
$16.9 billion
$16.1 billion
+5.0%
2. All Other
$11.6 billion
$11.4 billion
+1.9%
3. K-12 Education
$7.5 billion
$8.5 billion
-11.0%
4. Higher Education
$3.5 billion
$1.3 billion
+166.0%
5. Transportation
$2.6 billion
$3.3 billion
-21.1%
6. Corrections
$1.1 billion
$891 million
+27.9%
7. Public Assistance
$0 million
$273 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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