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South Dakota vs Oklahoma Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” South Dakota vs Oklahoma

Total Expenditure

South Dakota

$6.1 billion

Oklahoma

$29.1 billion

South Dakota is 79.1% lower
General Fund

South Dakota

$2.2 billion

Oklahoma

$7.8 billion

South Dakota is 71.2% lower
Total Revenue

South Dakota

โ€”

Oklahoma

โ€”

Not comparable
General Fund Revenue

South Dakota

$2.3 billion

Oklahoma

$10.2 billion

South Dakota is 77.4% lower
Rainy Day Fund

South Dakota

$239 million

Oklahoma

$1.7 billion

South Dakota is 85.7% lower
State GDP

South Dakota

$80.7 billion

Oklahoma

$274.4 billion

South Dakota is 70.6% lower

Receipts & Expenditure Comparison

ParticularsSouth DakotaOklahomaDifference
Total Expenditure (all funds)$6.1 billion$29.1 billion-79.1%
General Fund Expenditure$2.2 billion$7.8 billion-71.2%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$2.3 billion$10.2 billion-77.4%
Rainy Day Fund$239 million$1.7 billion-85.7%
State GDP$80.7 billion$274.4 billion-70.6%

South Dakota per resident

$6,524

Oklahoma per resident

$7,062

South Dakota โ€” Spending Composition

Oklahoma โ€” Spending Composition

Category-wise Allocation โ€” South Dakota vs Oklahoma

CategorySouth DakotaOklahomaDifference
1. Medicaid
$1.2 billion
$9.9 billion
-87.5%
2. All Other
$1.7 billion
$8.6 billion
-79.8%
3. K-12 Education
$896 million
$4.5 billion
-79.9%
4. Higher Education
$910 million
$3.9 billion
-76.8%
5. Transportation
$920 million
$1.7 billion
-45.4%
6. Corrections
$409 million
$577 million
-29.1%

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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