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Nebraska vs Arkansas Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Nebraska vs Arkansas

Total Expenditure

Nebraska

$15.3 billion

Arkansas

$32.0 billion

Nebraska is 52.2% lower
General Fund

Nebraska

$4.7 billion

Arkansas

$5.8 billion

Nebraska is 19.5% lower
Total Revenue

Nebraska

โ€”

Arkansas

โ€”

Not comparable
General Fund Revenue

Nebraska

$6.3 billion

Arkansas

$7.5 billion

Nebraska is 15.1% lower
Rainy Day Fund

Nebraska

$928 million

Arkansas

$1.2 billion

Nebraska is 23.4% lower
State GDP

Nebraska

$198.1 billion

Arkansas

$198.4 billion

Nebraska is 0.2% lower

Receipts & Expenditure Comparison

ParticularsNebraskaArkansasDifference
Total Expenditure (all funds)$15.3 billion$32.0 billion-52.2%
General Fund Expenditure$4.7 billion$5.8 billion-19.5%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$6.3 billion$7.5 billion-15.1%
Rainy Day Fund$928 million$1.2 billion-23.4%
State GDP$198.1 billion$198.4 billion-0.2%

Nebraska per resident

$7,585

Arkansas per resident

$10,284

Nebraska โ€” Spending Composition

Arkansas โ€” Spending Composition

Category-wise Allocation โ€” Nebraska vs Arkansas

CategoryNebraskaArkansasDifference
1. All Other
$5.1 billion
$10.5 billion
-50.8%
2. Medicaid
$3.3 billion
$8.8 billion
-62.7%
3. Higher Education
$3.3 billion
$4.6 billion
-27.8%
4. K-12 Education
$1.9 billion
$4.5 billion
-56.9%
5. Transportation
$1.0 billion
$2.0 billion
-47.5%
6. Public Assistance
$45 million
$1.1 billion
-96.0%
7. Corrections
$496 million
$467 million
+6.2%

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.

Explore more budget data

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