Mississippi vs North Carolina Budget FY2025
Spending, revenue and category allocations compared side by side.
Key Budget Metrics โ Mississippi vs North Carolina
Mississippi
$32.0 billion
North Carolina
$83.2 billion
Mississippi
$7.0 billion
North Carolina
$31.3 billion
Mississippi
โ
North Carolina
โ
Mississippi
$7.6 billion
North Carolina
$34.6 billion
Mississippi
$673 million
North Carolina
$3.6 billion
Mississippi
$165.1 billion
North Carolina
$893.8 billion
Receipts & Expenditure Comparison
| Particulars | Mississippi | North Carolina | Difference |
|---|---|---|---|
| Total Expenditure (all funds) | $32.0 billion | $83.2 billion | -61.6% |
| General Fund Expenditure | $7.0 billion | $31.3 billion | -77.5% |
| Total Revenue | โ | โ | โ |
| General Fund Revenue | $7.6 billion | $34.6 billion | -78.0% |
| Rainy Day Fund | $673 million | $3.6 billion | -81.4% |
| State GDP | $165.1 billion | $893.8 billion | -81.5% |
Mississippi per resident
$10,822
North Carolina per resident
$7,433
Mississippi โ Spending Composition
North Carolina โ Spending Composition
Category-wise Allocation โ Mississippi vs North Carolina
| Category | Mississippi | North Carolina | Difference |
|---|---|---|---|
1. Medicaid | $6.9 billion | $33.2 billion | -79.2% |
2. K-12 Education | $5.2 billion | $15.8 billion | -67.0% |
3. All Other | $12.1 billion | $11.7 billion | +3.5% |
4. Higher Education | $4.9 billion | $12.0 billion | -59.4% |
5. Transportation | $2.4 billion | $8.2 billion | -70.4% |
6. Corrections | $458 million | $2.3 billion | -80.5% |
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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