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Nebraska vs Alaska Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Nebraska vs Alaska

Total Expenditure

Nebraska

$15.3 billion

Alaska

$15.0 billion

Nebraska is 2.3% higher
General Fund

Nebraska

$4.7 billion

Alaska

$6.4 billion

Nebraska is 26.5% lower
Total Revenue

Nebraska

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

Nebraska

$6.3 billion

Alaska

$7.0 billion

Nebraska is 9.3% lower
Rainy Day Fund

Nebraska

$928 million

Alaska

$2.6 billion

Nebraska is 64.7% lower
State GDP

Nebraska

$198.1 billion

Alaska

$75.0 billion

Nebraska is 164.1% higher

Receipts & Expenditure Comparison

ParticularsNebraskaAlaskaDifference
Total Expenditure (all funds)$15.3 billion$15.0 billion+2.3%
General Fund Expenditure$4.7 billion$6.4 billion-26.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$6.3 billion$7.0 billion-9.3%
Rainy Day Fund$928 million$2.6 billion-64.7%
State GDP$198.1 billion$75.0 billion+164.1%

Nebraska per resident

$7,585

Alaska per resident

$20,293

Nebraska โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” Nebraska vs Alaska

CategoryNebraskaAlaskaDifference
1. All Other
$5.1 billion
$6.5 billion
-20.9%
2. Higher Education
$3.3 billion
$983 million
+238.9%
3. Medicaid
$3.3 billion
$2.5 billion
+32.8%
4. Transportation
$1.0 billion
$2.5 billion
-58.4%
5. K-12 Education
$1.9 billion
$1.9 billion
+3.3%
6. Corrections
$496 million
$474 million
+4.6%
7. Public Assistance
$45 million
$115 million
-60.9%

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

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