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Vermont vs North Dakota Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Vermont vs North Dakota

Total Expenditure

Vermont

$8.3 billion

North Dakota

$7.5 billion

Vermont is 11.8% higher
General Fund

Vermont

$2.5 billion

North Dakota

$3.3 billion

Vermont is 23.7% lower
Total Revenue

Vermont

โ€”

North Dakota

โ€”

Not comparable
General Fund Revenue

Vermont

โ€”

North Dakota

$3.0 billion

Not comparable
Rainy Day Fund

Vermont

โ€”

North Dakota

$915 million

Not comparable
State GDP

Vermont

$48.4 billion

North Dakota

$81.9 billion

Vermont is 41.0% lower

Receipts & Expenditure Comparison

ParticularsVermontNorth DakotaDifference
Total Expenditure (all funds)$8.3 billion$7.5 billion+11.8%
General Fund Expenditure$2.5 billion$3.3 billion-23.7%
Total Revenueโ€”โ€”โ€”
General Fund Revenueโ€”$3.0 billionโ€”
Rainy Day Fundโ€”$915 millionโ€”
State GDP$48.4 billion$81.9 billion-41.0%

Vermont per resident

$12,949

North Dakota per resident

$9,344

Vermont โ€” Spending Composition

North Dakota โ€” Spending Composition

Category-wise Allocation โ€” Vermont vs North Dakota

CategoryVermontNorth DakotaDifference
1. K-12 Education
$2.7 billion
$1.6 billion
+69.6%
2. Medicaid
$1.9 billion
$1.4 billion
+32.6%
3. All Other
$0 million
$1.8 billion
-100.0%
4. Higher Education
$1.5 billion
$1.5 billion
-3.9%
5. Transportation
$813 million
$1.0 billion
-18.8%
6. Corrections
$237 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.

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