GB
Beta

Wisconsin vs New Jersey Budget FY2025

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Wisconsin vs New Jersey

Total Expenditure

Wisconsin

$68.6 billion

New Jersey

$101.2 billion

Wisconsin is 32.2% lower
General Fund

Wisconsin

$21.1 billion

New Jersey

$56.9 billion

Wisconsin is 62.9% lower
Total Revenue

Wisconsin

โ€”

New Jersey

โ€”

Not comparable
General Fund Revenue

Wisconsin

$22.4 billion

New Jersey

$54.8 billion

Wisconsin is 59.2% lower
Rainy Day Fund

Wisconsin

$2.0 billion

New Jersey

$0 million

Not comparable
State GDP

Wisconsin

$473.0 billion

New Jersey

$887.2 billion

Wisconsin is 46.7% lower

Receipts & Expenditure Comparison

ParticularsWisconsinNew JerseyDifference
Total Expenditure (all funds)$68.6 billion$101.2 billion-32.2%
General Fund Expenditure$21.1 billion$56.9 billion-62.9%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$22.4 billion$54.8 billion-59.2%
Rainy Day Fund$2.0 billion$0 millionโ€”
State GDP$473.0 billion$887.2 billion-46.7%

Wisconsin per resident

$11,489

New Jersey per resident

$10,595

Wisconsin โ€” Spending Composition

New Jersey โ€” Spending Composition

Category-wise Allocation โ€” Wisconsin vs New Jersey

CategoryWisconsinNew JerseyDifference
1. All Other
$26.9 billion
$35.5 billion
-24.2%
2. Medicaid
$15.8 billion
$24.3 billion
-34.9%
3. K-12 Education
$10.9 billion
$23.1 billion
-52.9%
4. Higher Education
$9.0 billion
$8.4 billion
+7.7%
5. Transportation
$4.2 billion
$8.4 billion
-49.3%
6. Corrections
$1.8 billion
$1.6 billion
+14.9%

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.

Explore more budget data

Browse all 50 state budgets, the federal budget across every fiscal year, or build a different comparison from the compare page.