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Maine vs Rhode Island Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Maine vs Rhode Island

Total Expenditure

Maine

$12.5 billion

Rhode Island

$12.9 billion

Maine is 2.6% lower
General Fund

Maine

$4.0 billion

Rhode Island

$5.2 billion

Maine is 24.1% lower
Total Revenue

Maine

โ€”

Rhode Island

โ€”

Not comparable
General Fund Revenue

Maine

$5.4 billion

Rhode Island

$5.2 billion

Maine is 3.6% higher
Rainy Day Fund

Maine

$907 million

Rhode Island

$279 million

Maine is 225.1% higher
State GDP

Maine

$102.8 billion

Rhode Island

$84.0 billion

Maine is 22.5% higher

Receipts & Expenditure Comparison

ParticularsMaineRhode IslandDifference
Total Expenditure (all funds)$12.5 billion$12.9 billion-2.6%
General Fund Expenditure$4.0 billion$5.2 billion-24.1%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$5.4 billion$5.2 billion+3.6%
Rainy Day Fund$907 million$279 million+225.1%
State GDP$102.8 billion$84.0 billion+22.5%

Maine per resident

$8,846

Rhode Island per resident

$11,530

Maine โ€” Spending Composition

Rhode Island โ€” Spending Composition

Category-wise Allocation โ€” Maine vs Rhode Island

CategoryMaineRhode IslandDifference
1. All Other
$4.9 billion
$5.6 billion
-12.1%
2. Medicaid
$3.9 billion
$3.1 billion
+26.3%
3. K-12 Education
$2.1 billion
$1.8 billion
+16.5%
4. Higher Education
$383 million
$1.3 billion
-69.7%
5. Transportation
$823 million
$791 million
+4.0%
6. Corrections
$206 million
$255 million
-19.2%
7. Public Assistance
$210 million
$88 million
+138.6%

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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