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Oklahoma vs Rhode Island Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Oklahoma vs Rhode Island

Total Expenditure

Oklahoma

$26.9 billion

Rhode Island

$12.9 billion

Oklahoma is 109.2% higher
General Fund

Oklahoma

$7.5 billion

Rhode Island

$5.2 billion

Oklahoma is 43.1% higher
Total Revenue

Oklahoma

โ€”

Rhode Island

โ€”

Not comparable
General Fund Revenue

Oklahoma

$9.6 billion

Rhode Island

$5.2 billion

Oklahoma is 84.3% higher
Rainy Day Fund

Oklahoma

$1.2 billion

Rhode Island

$279 million

Oklahoma is 338.0% higher
State GDP

Oklahoma

$274.4 billion

Rhode Island

$84.0 billion

Oklahoma is 226.8% higher

Receipts & Expenditure Comparison

ParticularsOklahomaRhode IslandDifference
Total Expenditure (all funds)$26.9 billion$12.9 billion+109.2%
General Fund Expenditure$7.5 billion$5.2 billion+43.1%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$9.6 billion$5.2 billion+84.3%
Rainy Day Fund$1.2 billion$279 million+338.0%
State GDP$274.4 billion$84.0 billion+226.8%

Oklahoma per resident

$6,524

Rhode Island per resident

$11,530

Oklahoma โ€” Spending Composition

Rhode Island โ€” Spending Composition

Category-wise Allocation โ€” Oklahoma vs Rhode Island

CategoryOklahomaRhode IslandDifference
1. Medicaid
$8.1 billion
$3.1 billion
+158.3%
2. All Other
$8.0 billion
$5.6 billion
+43.5%
3. K-12 Education
$5.1 billion
$1.8 billion
+186.2%
4. Higher Education
$3.6 billion
$1.3 billion
+185.0%
5. Transportation
$1.5 billion
$791 million
+92.7%
6. Corrections
$532 million
$255 million
+108.6%
7. Public Assistance
$126 million
$88 million
+43.2%

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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