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Texas vs Washington Budget FY2024

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Texas vs Washington

Total Expenditure

Texas

$144.6 billion

Washington

$74.7 billion

Texas is 93.6% higher
General Fund

Texas

$50.5 billion

Washington

$32.4 billion

Texas is 55.9% higher
Total Revenue

Texas

โ€”

Washington

โ€”

Not comparable
General Fund Revenue

Texas

$83.8 billion

Washington

$31.1 billion

Texas is 169.4% higher
Rainy Day Fund

Texas

$21.0 billion

Washington

$1.8 billion

Texas is 1088.0% higher
State GDP

Texas

$2.90 trillion

Washington

$895.0 billion

Texas is 224.5% higher

Receipts & Expenditure Comparison

ParticularsTexasWashingtonDifference
Total Expenditure (all funds)$144.6 billion$74.7 billion+93.6%
General Fund Expenditure$50.5 billion$32.4 billion+55.9%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$83.8 billion$31.1 billion+169.4%
Rainy Day Fund$21.0 billion$1.8 billion+1088.0%
State GDP$2.90 trillion$895.0 billion+224.5%

Texas per resident

$4,560

Washington per resident

$9,333

Texas โ€” Spending Composition

Washington โ€” Spending Composition

Category-wise Allocation โ€” Texas vs Washington

CategoryTexasWashingtonDifference
1. K-12 Education
$49.1 billion
$18.5 billion
+164.8%
2. Medicaid
$47.7 billion
$19.6 billion
+143.8%
3. Higher Education
$21.3 billion
$9.6 billion
+122.6%
4. All Other
$2.2 billion
$20.7 billion
-89.2%
5. Transportation
$19.5 billion
$4.7 billion
+317.6%
6. Corrections
$4.8 billion
$1.7 billion
+185.1%

Compare Another Fiscal Year

FY2025FY2024FY2023FY2022FY2021

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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