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Louisiana vs North Carolina Budget FY2026

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Louisiana vs North Carolina

Total Expenditure

Louisiana

$47.0 billion

North Carolina

$34.4 billion

Louisiana is 36.6% higher
General Fund

Louisiana

$12.6 billion

North Carolina

$31.9 billion

Louisiana is 60.5% lower
Total Revenue

Louisiana

โ€”

North Carolina

โ€”

Not comparable
General Fund Revenue

Louisiana

โ€”

North Carolina

โ€”

Not comparable
Rainy Day Fund

Louisiana

โ€”

North Carolina

$4.2 billion

Not comparable
State GDP

Louisiana

โ€”

North Carolina

โ€”

Not comparable

Receipts & Expenditure Comparison

ParticularsLouisianaNorth CarolinaDifference
Total Expenditure (all funds)$47.0 billion$34.4 billion+36.6%
General Fund Expenditure$12.6 billion$31.9 billion-60.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenueโ€”โ€”โ€”
Rainy Day Fundโ€”$4.2 billionโ€”
State GDPโ€”โ€”โ€”

Louisiana per resident

$10,178

North Carolina per resident

$3,072

Louisiana โ€” Spending Composition

Data not available

North Carolina โ€” Spending Composition

Data not available

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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