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Vermont vs Rhode Island Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Vermont vs Rhode Island

Total Expenditure

Vermont

$7.3 billion

Rhode Island

$13.4 billion

Vermont is 45.4% lower
General Fund

Vermont

$1.6 billion

Rhode Island

$4.1 billion

Vermont is 60.2% lower
Total Revenue

Vermont

โ€”

Rhode Island

โ€”

Not comparable
General Fund Revenue

Vermont

โ€”

Rhode Island

$4.4 billion

Not comparable
Rainy Day Fund

Vermont

โ€”

Rhode Island

$228 million

Not comparable
State GDP

Vermont

$48.4 billion

Rhode Island

$84.0 billion

Vermont is 42.4% lower

Receipts & Expenditure Comparison

ParticularsVermontRhode IslandDifference
Total Expenditure (all funds)$7.3 billion$13.4 billion-45.4%
General Fund Expenditure$1.6 billion$4.1 billion-60.2%
Total Revenueโ€”โ€”โ€”
General Fund Revenueโ€”$4.4 billionโ€”
Rainy Day Fundโ€”$228 millionโ€”
State GDP$48.4 billion$84.0 billion-42.4%

Vermont per resident

$11,308

Rhode Island per resident

$11,975

Vermont โ€” Spending Composition

Data not available

Rhode Island โ€” Spending Composition

Category-wise Allocation โ€” Vermont vs Rhode Island

CategoryVermontRhode IslandDifference
1. All Other
$0 million
$6.5 billion
-100.0%
2. Medicaid
$0 million
$2.9 billion
-100.0%
3. K-12 Education
$0 million
$1.6 billion
-100.0%
4. Higher Education
$0 million
$1.2 billion
-100.0%
5. Transportation
$0 million
$765 million
-100.0%
6. Corrections
$0 million
$247 million
-100.0%
7. Public Assistance
$0 million
$96 million
-100.0%

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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