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Tennessee vs Louisiana Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Tennessee vs Louisiana

Total Expenditure

Tennessee

$43.6 billion

Louisiana

$39.7 billion

Tennessee is 9.9% higher
General Fund

Tennessee

$15.8 billion

Louisiana

$10.3 billion

Tennessee is 52.4% higher
Total Revenue

Tennessee

$45.5 billion

Louisiana

โ€”

Not comparable
General Fund Revenue

Tennessee

$21.5 billion

Louisiana

$11.1 billion

Tennessee is 93.5% higher
Rainy Day Fund

Tennessee

$1.6 billion

Louisiana

$772 million

Tennessee is 100.8% higher
State GDP

Tennessee

$589.8 billion

Louisiana

$340.1 billion

Tennessee is 73.4% higher

Receipts & Expenditure Comparison

ParticularsTennesseeLouisianaDifference
Total Expenditure (all funds)$43.6 billion$39.7 billion+9.9%
General Fund Expenditure$15.8 billion$10.3 billion+52.4%
Total Revenue$45.5 billionโ€”โ€”
General Fund Revenue$21.5 billion$11.1 billion+93.5%
Rainy Day Fund$1.6 billion$772 million+100.8%
State GDP$589.8 billion$340.1 billion+73.4%

Tennessee per resident

$5,958

Louisiana per resident

$8,586

Tennessee โ€” Spending Composition

Louisiana โ€” Spending Composition

Category-wise Allocation โ€” Tennessee vs Louisiana

CategoryTennesseeLouisianaDifference
1. Medicaid
$14.0 billion
$14.9 billion
-5.8%
2. All Other
$12.2 billion
$12.3 billion
-0.4%
3. K-12 Education
$8.2 billion
$6.9 billion
+19.0%
4. Higher Education
$5.8 billion
$3.1 billion
+85.3%
5. Transportation
$2.3 billion
$1.8 billion
+27.4%
6. Corrections
$1.1 billion
$576 million
+83.2%
7. Public Assistance
$69 million
$153 million
-54.9%

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.

Explore more budget data

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