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Vermont vs South Dakota Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Vermont vs South Dakota

Total Expenditure

Vermont

$7.9 billion

South Dakota

$6.1 billion

Vermont is 29.4% higher
General Fund

Vermont

$2.1 billion

South Dakota

$2.2 billion

Vermont is 7.9% lower
Total Revenue

Vermont

โ€”

South Dakota

โ€”

Not comparable
General Fund Revenue

Vermont

โ€”

South Dakota

$2.3 billion

Not comparable
Rainy Day Fund

Vermont

โ€”

South Dakota

$239 million

Not comparable
State GDP

Vermont

$48.4 billion

South Dakota

$80.7 billion

Vermont is 40.0% lower

Receipts & Expenditure Comparison

ParticularsVermontSouth DakotaDifference
Total Expenditure (all funds)$7.9 billion$6.1 billion+29.4%
General Fund Expenditure$2.1 billion$2.2 billion-7.9%
Total Revenueโ€”โ€”โ€”
General Fund Revenueโ€”$2.3 billionโ€”
Rainy Day Fundโ€”$239 millionโ€”
State GDP$48.4 billion$80.7 billion-40.0%

Vermont per resident

$12,244

South Dakota per resident

$6,524

Vermont โ€” Spending Composition

South Dakota โ€” Spending Composition

Category-wise Allocation โ€” Vermont vs South Dakota

CategoryVermontSouth DakotaDifference
1. K-12 Education
$2.4 billion
$896 million
+172.5%
2. Medicaid
$1.7 billion
$1.2 billion
+41.4%
3. All Other
$0 million
$1.7 billion
-100.0%
4. Higher Education
$1.4 billion
$910 million
+53.3%
5. Transportation
$741 million
$920 million
-19.5%
6. Corrections
$220 million
$409 million
-46.2%

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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