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Rhode Island vs Oklahoma Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Rhode Island vs Oklahoma

Total Expenditure

Rhode Island

$13.4 billion

Oklahoma

$23.8 billion

Rhode Island is 44.0% lower
General Fund

Rhode Island

$4.1 billion

Oklahoma

$7.0 billion

Rhode Island is 41.4% lower
Total Revenue

Rhode Island

โ€”

Oklahoma

โ€”

Not comparable
General Fund Revenue

Rhode Island

$4.4 billion

Oklahoma

$8.3 billion

Rhode Island is 46.5% lower
Rainy Day Fund

Rhode Island

$228 million

Oklahoma

$542 million

Rhode Island is 57.9% lower
State GDP

Rhode Island

$84.0 billion

Oklahoma

$274.4 billion

Rhode Island is 69.4% lower

Receipts & Expenditure Comparison

ParticularsRhode IslandOklahomaDifference
Total Expenditure (all funds)$13.4 billion$23.8 billion-44.0%
General Fund Expenditure$4.1 billion$7.0 billion-41.4%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$4.4 billion$8.3 billion-46.5%
Rainy Day Fund$228 million$542 million-57.9%
State GDP$84.0 billion$274.4 billion-69.4%

Rhode Island per resident

$11,975

Oklahoma per resident

$5,779

Rhode Island โ€” Spending Composition

Oklahoma โ€” Spending Composition

Category-wise Allocation โ€” Rhode Island vs Oklahoma

CategoryRhode IslandOklahomaDifference
1. All Other
$6.5 billion
$7.2 billion
-10.4%
2. Medicaid
$2.9 billion
$5.7 billion
-48.9%
3. K-12 Education
$1.6 billion
$5.0 billion
-67.5%
4. Higher Education
$1.2 billion
$3.4 billion
-65.3%
5. Transportation
$765 million
$1.8 billion
-56.4%
6. Corrections
$247 million
$568 million
-56.5%
7. Public Assistance
$96 million
$77 million
+24.7%

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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