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Rhode Island vs Idaho Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Rhode Island vs Idaho

Total Expenditure

Rhode Island

$12.8 billion

Idaho

$12.1 billion

Rhode Island is 5.4% higher
General Fund

Rhode Island

$5.2 billion

Idaho

$5.0 billion

Rhode Island is 4.3% higher
Total Revenue

Rhode Island

โ€”

Idaho

โ€”

Not comparable
General Fund Revenue

Rhode Island

$5.4 billion

Idaho

$5.8 billion

Rhode Island is 5.8% lower
Rainy Day Fund

Rhode Island

$347 million

Idaho

$1.3 billion

Rhode Island is 72.4% lower
State GDP

Rhode Island

$84.0 billion

Idaho

$135.6 billion

Rhode Island is 38.1% lower

Receipts & Expenditure Comparison

ParticularsRhode IslandIdahoDifference
Total Expenditure (all funds)$12.8 billion$12.1 billion+5.4%
General Fund Expenditure$5.2 billion$5.0 billion+4.3%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$5.4 billion$5.8 billion-5.8%
Rainy Day Fund$347 million$1.3 billion-72.4%
State GDP$84.0 billion$135.6 billion-38.1%

Rhode Island per resident

$11,461

Idaho per resident

$5,974

Rhode Island โ€” Spending Composition

Idaho โ€” Spending Composition

Category-wise Allocation โ€” Rhode Island vs Idaho

CategoryRhode IslandIdahoDifference
1. All Other
$5.2 billion
$2.3 billion
+125.8%
2. Medicaid
$3.0 billion
$4.1 billion
-25.4%
3. K-12 Education
$2.1 billion
$3.2 billion
-35.1%
4. Higher Education
$1.4 billion
$991 million
+40.8%
5. Transportation
$777 million
$1.1 billion
-31.5%
6. Corrections
$289 million
$417 million
-30.7%

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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