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Texas vs Illinois Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Texas vs Illinois

Total Expenditure

Texas

$139.9 billion

Illinois

$114.4 billion

Texas is 22.3% higher
General Fund

Texas

$42.5 billion

Illinois

$43.5 billion

Texas is 2.4% lower
Total Revenue

Texas

โ€”

Illinois

โ€”

Not comparable
General Fund Revenue

Texas

$60.5 billion

Illinois

$44.9 billion

Texas is 34.9% higher
Rainy Day Fund

Texas

$10.3 billion

Illinois

$4 million

Texas is 256750.0% higher
State GDP

Texas

$2.90 trillion

Illinois

$1.20 trillion

Texas is 141.6% higher

Receipts & Expenditure Comparison

ParticularsTexasIllinoisDifference
Total Expenditure (all funds)$139.9 billion$114.4 billion+22.3%
General Fund Expenditure$42.5 billion$43.5 billion-2.4%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$60.5 billion$44.9 billion+34.9%
Rainy Day Fund$10.3 billion$4 million+256750.0%
State GDP$2.90 trillion$1.20 trillion+141.6%

Texas per resident

$4,411

Illinois per resident

$8,992

Texas โ€” Spending Composition

Illinois โ€” Spending Composition

Category-wise Allocation โ€” Texas vs Illinois

CategoryTexasIllinoisDifference
1. All Other
$5.4 billion
$64.7 billion
-91.7%
2. K-12 Education
$51.2 billion
$13.0 billion
+292.7%
3. Medicaid
$45.7 billion
$26.0 billion
+75.7%
4. Higher Education
$20.0 billion
$2.2 billion
+827.7%
5. Transportation
$13.8 billion
$6.9 billion
+99.3%
6. Corrections
$3.8 billion
$1.4 billion
+164.0%
7. Public Assistance
$39 million
$134 million
-70.9%

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.

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