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Montana vs Maine Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Montana vs Maine

Total Expenditure

Montana

$10.0 billion

Maine

$13.1 billion

Montana is 23.5% lower
General Fund

Montana

$3.3 billion

Maine

$5.0 billion

Montana is 33.0% lower
Total Revenue

Montana

โ€”

Maine

โ€”

Not comparable
General Fund Revenue

Montana

$3.3 billion

Maine

$5.4 billion

Montana is 37.9% lower
Rainy Day Fund

Montana

$522 million

Maine

$968 million

Montana is 46.1% lower
State GDP

Montana

$82.4 billion

Maine

$102.8 billion

Montana is 19.9% lower

Receipts & Expenditure Comparison

ParticularsMontanaMaineDifference
Total Expenditure (all funds)$10.0 billion$13.1 billion-23.5%
General Fund Expenditure$3.3 billion$5.0 billion-33.0%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$3.3 billion$5.4 billion-37.9%
Rainy Day Fund$522 million$968 million-46.1%
State GDP$82.4 billion$102.8 billion-19.9%

Montana per resident

$8,755

Maine per resident

$9,265

Montana โ€” Spending Composition

Maine โ€” Spending Composition

Category-wise Allocation โ€” Montana vs Maine

CategoryMontanaMaineDifference
1. All Other
$4.1 billion
$4.6 billion
-11.0%
2. Medicaid
$2.3 billion
$4.5 billion
-48.9%
3. K-12 Education
$1.3 billion
$2.2 billion
-40.9%
4. Transportation
$1.2 billion
$1.0 billion
+18.1%
5. Higher Education
$770 million
$436 million
+76.6%
6. Corrections
$282 million
$234 million
+20.5%

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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