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Montana vs Maine Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Montana vs Maine

Total Expenditure

Montana

$10.5 billion

Maine

$13.0 billion

Montana is 19.5% lower
General Fund

Montana

$4.8 billion

Maine

$4.3 billion

Montana is 10.8% higher
Total Revenue

Montana

โ€”

Maine

โ€”

Not comparable
General Fund Revenue

Montana

$3.8 billion

Maine

$5.4 billion

Montana is 30.2% lower
Rainy Day Fund

Montana

$520 million

Maine

$907 million

Montana is 42.7% lower
State GDP

Montana

$82.4 billion

Maine

$102.8 billion

Montana is 19.9% lower

Receipts & Expenditure Comparison

ParticularsMontanaMaineDifference
Total Expenditure (all funds)$10.5 billion$13.0 billion-19.5%
General Fund Expenditure$4.8 billion$4.3 billion+10.8%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$3.8 billion$5.4 billion-30.2%
Rainy Day Fund$520 million$907 million-42.7%
State GDP$82.4 billion$102.8 billion-19.9%

Montana per resident

$9,147

Maine per resident

$9,194

Montana โ€” Spending Composition

Maine โ€” Spending Composition

Category-wise Allocation โ€” Montana vs Maine

CategoryMontanaMaineDifference
1. All Other
$4.5 billion
$5.1 billion
-11.0%
2. Medicaid
$2.4 billion
$4.2 billion
-43.3%
3. K-12 Education
$1.4 billion
$2.1 billion
-32.9%
4. Transportation
$1.1 billion
$915 million
+23.9%
5. Higher Education
$740 million
$439 million
+68.6%
6. Corrections
$245 million
$212 million
+15.6%

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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