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Rhode Island vs Montana Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Rhode Island vs Montana

Total Expenditure

Rhode Island

$12.6 billion

Montana

$10.5 billion

Rhode Island is 20.6% higher
General Fund

Rhode Island

$5.1 billion

Montana

$4.8 billion

Rhode Island is 6.4% higher
Total Revenue

Rhode Island

โ€”

Montana

โ€”

Not comparable
General Fund Revenue

Rhode Island

$5.2 billion

Montana

$3.8 billion

Rhode Island is 38.8% higher
Rainy Day Fund

Rhode Island

$278 million

Montana

$520 million

Rhode Island is 46.5% lower
State GDP

Rhode Island

$84.0 billion

Montana

$82.4 billion

Rhode Island is 1.9% higher

Receipts & Expenditure Comparison

ParticularsRhode IslandMontanaDifference
Total Expenditure (all funds)$12.6 billion$10.5 billion+20.6%
General Fund Expenditure$5.1 billion$4.8 billion+6.4%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$5.2 billion$3.8 billion+38.8%
Rainy Day Fund$278 million$520 million-46.5%
State GDP$84.0 billion$82.4 billion+1.9%

Rhode Island per resident

$11,325

Montana per resident

$9,147

Rhode Island โ€” Spending Composition

Montana โ€” Spending Composition

Category-wise Allocation โ€” Rhode Island vs Montana

CategoryRhode IslandMontanaDifference
1. All Other
$4.7 billion
$4.5 billion
+4.4%
2. Medicaid
$3.5 billion
$2.4 billion
+45.1%
3. K-12 Education
$2.0 billion
$1.4 billion
+42.5%
4. Higher Education
$1.3 billion
$740 million
+79.9%
5. Transportation
$765 million
$1.1 billion
-32.5%
6. Corrections
$291 million
$245 million
+18.8%

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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