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Missouri vs South Carolina Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Missouri vs South Carolina

Total Expenditure

Missouri

$29.8 billion

South Carolina

$30.0 billion

Missouri is 0.6% lower
General Fund

Missouri

$9.8 billion

South Carolina

$8.6 billion

Missouri is 14.2% higher
Total Revenue

Missouri

โ€”

South Carolina

โ€”

Not comparable
General Fund Revenue

Missouri

$11.2 billion

South Carolina

$11.1 billion

Missouri is 1.4% higher
Rainy Day Fund

Missouri

$604 million

South Carolina

$1.7 billion

Missouri is 64.6% lower
State GDP

Missouri

$468.5 billion

South Carolina

$350.0 billion

Missouri is 33.9% higher

Receipts & Expenditure Comparison

ParticularsMissouriSouth CarolinaDifference
Total Expenditure (all funds)$29.8 billion$30.0 billion-0.6%
General Fund Expenditure$9.8 billion$8.6 billion+14.2%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$11.2 billion$11.1 billion+1.4%
Rainy Day Fund$604 million$1.7 billion-64.6%
State GDP$468.5 billion$350.0 billion+33.9%

Missouri per resident

$4,749

South Carolina per resident

$5,378

Missouri โ€” Spending Composition

South Carolina โ€” Spending Composition

Category-wise Allocation โ€” Missouri vs South Carolina

CategoryMissouriSouth CarolinaDifference
1. Medicaid
$11.2 billion
$7.3 billion
+53.3%
2. All Other
$8.2 billion
$8.8 billion
-7.0%
3. K-12 Education
$6.2 billion
$5.8 billion
+8.5%
4. Higher Education
$1.1 billion
$5.4 billion
-79.0%
5. Transportation
$2.2 billion
$2.0 billion
+8.8%
6. Corrections
$637 million
$692 million
-7.9%
7. Public Assistance
$264 million
$91 million
+190.1%

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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