Nebraska vs Alaska Budget FY2023

Spending, revenue and category allocations compared side by side.

Key Budget Metrics — Nebraska vs Alaska

Total Expenditure

Nebraska

$17.3 billion

Alaska

$14.9 billion

Nebraska is 15.7% higher

General Fund

Nebraska

$5.2 billion

Alaska

$7.8 billion

Nebraska is 33.5% lower

Total Revenue

Nebraska

—

Alaska

—

Not comparable

General Fund Revenue

Nebraska

$6.4 billion

Alaska

$7.0 billion

Nebraska is 9.7% lower

Rainy Day Fund

Nebraska

$1.5 billion

Alaska

$2.8 billion

Nebraska is 43.8% lower

State GDP

Nebraska

$198.1 billion

Alaska

$75.0 billion

Nebraska is 164.1% higher

Receipts & Expenditure Comparison

Particulars	Nebraska	Alaska	Difference
Total Expenditure (all funds)	$17.3 billion	$14.9 billion	+15.7%
General Fund Expenditure	$5.2 billion	$7.8 billion	-33.5%
Total Revenue	—	—	—
General Fund Revenue	$6.4 billion	$7.0 billion	-9.7%
Rainy Day Fund	$1.5 billion	$2.8 billion	-43.8%
State GDP	$198.1 billion	$75.0 billion	+164.1%

Nebraska per resident

$8,568

Alaska per resident

$20,281

Nebraska — Spending Composition

Alaska — Spending Composition

Category-wise Allocation — Nebraska vs Alaska

Category	Nebraska	Alaska	Difference
1. All Other	$6.1 billion	$7.0 billion	-13.3%
2. Medicaid	$4.0 billion	$2.7 billion	+48.6%
3. Higher Education	$3.5 billion	$853 million	+315.7%
4. K-12 Education	$2.0 billion	$2.0 billion	+1.8%
5. Transportation	$1.1 billion	$1.9 billion	-44.6%
6. Corrections	$573 million	$484 million	+18.4%

Compare Another Fiscal Year

FY2025 FY2024 FY2023 FY2022 FY2021

Understanding This Comparison

State budgets are compared on an all-funds basis — 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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