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Virginia vs Pennsylvania Budget FY2025

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Virginia vs Pennsylvania

Total Expenditure

Virginia

$89.4 billion

Pennsylvania

$128.6 billion

Virginia is 30.5% lower
General Fund

Virginia

$32.9 billion

Pennsylvania

$47.8 billion

Virginia is 31.1% lower
Total Revenue

Virginia

โ€”

Pennsylvania

โ€”

Not comparable
General Fund Revenue

Virginia

$33.6 billion

Pennsylvania

$46.4 billion

Virginia is 27.7% lower
Rainy Day Fund

Virginia

$4.8 billion

Pennsylvania

$7.5 billion

Virginia is 36.4% lower
State GDP

Virginia

$798.4 billion

Pennsylvania

$1.06 trillion

Virginia is 24.4% lower

Receipts & Expenditure Comparison

ParticularsVirginiaPennsylvaniaDifference
Total Expenditure (all funds)$89.4 billion$128.6 billion-30.5%
General Fund Expenditure$32.9 billion$47.8 billion-31.1%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$33.6 billion$46.4 billion-27.7%
Rainy Day Fund$4.8 billion$7.5 billion-36.4%
State GDP$798.4 billion$1.06 trillion-24.4%

Virginia per resident

$10,068

Pennsylvania per resident

$9,845

Virginia โ€” Spending Composition

Pennsylvania โ€” Spending Composition

Category-wise Allocation โ€” Virginia vs Pennsylvania

CategoryVirginiaPennsylvaniaDifference
1. Medicaid
$24.3 billion
$49.5 billion
-50.9%
2. All Other
$28.3 billion
$38.3 billion
-26.1%
3. K-12 Education
$12.9 billion
$22.8 billion
-43.6%
4. Transportation
$10.9 billion
$11.6 billion
-6.6%
5. Higher Education
$11.1 billion
$2.6 billion
+323.1%
6. Corrections
$1.9 billion
$3.7 billion
-48.7%

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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