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Missouri vs New Jersey Budget FY2027

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Missouri vs New Jersey

Total Expenditure

Missouri

$50.7 billion

New Jersey

$60.7 billion

Missouri is 16.5% lower
General Fund

Missouri

$15.7 billion

New Jersey

โ€”

Not comparable
Total Revenue

Missouri

โ€”

New Jersey

$59.2 billion

Not comparable
General Fund Revenue

Missouri

โ€”

New Jersey

โ€”

Not comparable
Rainy Day Fund

Missouri

โ€”

New Jersey

$6.1 billion

Not comparable
State GDP

Missouri

โ€”

New Jersey

โ€”

Not comparable

Receipts & Expenditure Comparison

ParticularsMissouriNew JerseyDifference
Total Expenditure (all funds)$50.7 billion$60.7 billion-16.5%
General Fund Expenditure$15.7 billionโ€”โ€”
Total Revenueโ€”$59.2 billionโ€”
General Fund Revenueโ€”โ€”โ€”
Rainy Day Fundโ€”$6.1 billionโ€”
State GDPโ€”โ€”โ€”

Missouri per resident

$8,085

New Jersey per resident

$6,357

Missouri โ€” Spending Composition

Data not available

New Jersey 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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