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Maryland vs Washington Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Maryland vs Washington

Total Expenditure

Maryland

$55.1 billion

Washington

$60.8 billion

Maryland is 9.5% lower
General Fund

Maryland

$18.8 billion

Washington

$24.6 billion

Maryland is 23.5% lower
Total Revenue

Maryland

โ€”

Washington

โ€”

Not comparable
General Fund Revenue

Maryland

$20.8 billion

Washington

$26.8 billion

Maryland is 22.4% lower
Rainy Day Fund

Maryland

$631 million

Washington

-$1 million

Maryland is 63200.0% higher
State GDP

Maryland

$568.1 billion

Washington

$895.0 billion

Maryland is 36.5% lower

Receipts & Expenditure Comparison

ParticularsMarylandWashingtonDifference
Total Expenditure (all funds)$55.1 billion$60.8 billion-9.5%
General Fund Expenditure$18.8 billion$24.6 billion-23.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$20.8 billion$26.8 billion-22.4%
Rainy Day Fund$631 million-$1 million+63200.0%
State GDP$568.1 billion$895.0 billion-36.5%

Maryland per resident

$8,788

Washington per resident

$7,605

Maryland โ€” Spending Composition

Washington โ€” Spending Composition

Category-wise Allocation โ€” Maryland vs Washington

CategoryMarylandWashingtonDifference
1. All Other
$16.7 billion
$17.1 billion
-2.2%
2. K-12 Education
$9.9 billion
$15.9 billion
-37.7%
3. Medicaid
$11.9 billion
$15.6 billion
-24.0%
4. Higher Education
$7.2 billion
$7.7 billion
-6.1%
5. Transportation
$5.1 billion
$2.9 billion
+72.5%
6. Public Assistance
$2.6 billion
$222 million
+1086.5%
7. Corrections
$1.7 billion
$1.4 billion
+18.2%

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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