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Minnesota vs Wisconsin Budget FY2021

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Minnesota vs Wisconsin

Total Expenditure

Minnesota

$48.4 billion

Wisconsin

$59.4 billion

Minnesota is 18.4% lower
General Fund

Minnesota

$23.6 billion

Wisconsin

$18.3 billion

Minnesota is 29.4% higher
Total Revenue

Minnesota

โ€”

Wisconsin

โ€”

Not comparable
General Fund Revenue

Minnesota

$26.6 billion

Wisconsin

$19.6 billion

Minnesota is 35.8% higher
Rainy Day Fund

Minnesota

$2.9 billion

Wisconsin

$1.7 billion

Minnesota is 65.5% higher
State GDP

Minnesota

$531.5 billion

Wisconsin

$473.0 billion

Minnesota is 12.4% higher

Receipts & Expenditure Comparison

ParticularsMinnesotaWisconsinDifference
Total Expenditure (all funds)$48.4 billion$59.4 billion-18.4%
General Fund Expenditure$23.6 billion$18.3 billion+29.4%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$26.6 billion$19.6 billion+35.8%
Rainy Day Fund$2.9 billion$1.7 billion+65.5%
State GDP$531.5 billion$473.0 billion+12.4%

Minnesota per resident

$8,307

Wisconsin per resident

$9,937

Minnesota โ€” Spending Composition

Wisconsin โ€” Spending Composition

Category-wise Allocation โ€” Minnesota vs Wisconsin

CategoryMinnesotaWisconsinDifference
1. All Other
$14.8 billion
$26.1 billion
-43.4%
2. Medicaid
$14.6 billion
$12.6 billion
+15.4%
3. K-12 Education
$11.5 billion
$9.0 billion
+28.1%
4. Higher Education
$1.9 billion
$7.0 billion
-72.9%
5. Transportation
$4.6 billion
$3.2 billion
+43.5%
6. Corrections
$683 million
$1.3 billion
-49.1%
7. Public Assistance
$345 million
$88 million
+292.0%

Compare Another Fiscal Year

FY2025FY2024FY2023FY2022FY2021

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.

Explore more budget data

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