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South Carolina vs Missouri Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” South Carolina vs Missouri

Total Expenditure

South Carolina

$30.0 billion

Missouri

$29.8 billion

South Carolina is 0.6% higher
General Fund

South Carolina

$8.6 billion

Missouri

$9.8 billion

South Carolina is 12.4% lower
Total Revenue

South Carolina

โ€”

Missouri

โ€”

Not comparable
General Fund Revenue

South Carolina

$11.1 billion

Missouri

$11.2 billion

South Carolina is 1.3% lower
Rainy Day Fund

South Carolina

$1.7 billion

Missouri

$604 million

South Carolina is 182.6% higher
State GDP

South Carolina

$350.0 billion

Missouri

$468.5 billion

South Carolina is 25.3% lower

Receipts & Expenditure Comparison

ParticularsSouth CarolinaMissouriDifference
Total Expenditure (all funds)$30.0 billion$29.8 billion+0.6%
General Fund Expenditure$8.6 billion$9.8 billion-12.4%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$11.1 billion$11.2 billion-1.3%
Rainy Day Fund$1.7 billion$604 million+182.6%
State GDP$350.0 billion$468.5 billion-25.3%

South Carolina per resident

$5,378

Missouri per resident

$4,749

South Carolina โ€” Spending Composition

Missouri โ€” Spending Composition

Category-wise Allocation โ€” South Carolina vs Missouri

CategorySouth CarolinaMissouriDifference
1. Medicaid
$7.3 billion
$11.2 billion
-34.8%
2. All Other
$8.8 billion
$8.2 billion
+7.5%
3. K-12 Education
$5.8 billion
$6.2 billion
-7.8%
4. Higher Education
$5.4 billion
$1.1 billion
+375.4%
5. Transportation
$2.0 billion
$2.2 billion
-8.1%
6. Corrections
$692 million
$637 million
+8.6%
7. Public Assistance
$91 million
$264 million
-65.5%

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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