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Nevada vs Alaska Budget FY2021

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Nevada vs Alaska

Total Expenditure

Nevada

$18.7 billion

Alaska

$11.7 billion

Nevada is 59.9% higher
General Fund

Nevada

$4.6 billion

Alaska

$5.6 billion

Nevada is 18.0% lower
Total Revenue

Nevada

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

Nevada

$4.5 billion

Alaska

$4.8 billion

Nevada is 6.5% lower
Rainy Day Fund

Nevada

$98 million

Alaska

$1.1 billion

Nevada is 90.8% lower
State GDP

Nevada

$281.5 billion

Alaska

$75.0 billion

Nevada is 275.2% higher

Receipts & Expenditure Comparison

ParticularsNevadaAlaskaDifference
Total Expenditure (all funds)$18.7 billion$11.7 billion+59.9%
General Fund Expenditure$4.6 billion$5.6 billion-18.0%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$4.5 billion$4.8 billion-6.5%
Rainy Day Fund$98 million$1.1 billion-90.8%
State GDP$281.5 billion$75.0 billion+275.2%

Nevada per resident

$5,700

Alaska per resident

$15,875

Nevada โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” Nevada vs Alaska

CategoryNevadaAlaskaDifference
1. All Other
$6.4 billion
$5.7 billion
+12.9%
2. K-12 Education
$5.4 billion
$1.3 billion
+307.6%
3. Medicaid
$4.8 billion
$2.1 billion
+129.1%
4. Transportation
$759 million
$1.6 billion
-51.2%
5. Higher Education
$939 million
$579 million
+62.2%
6. Corrections
$445 million
$369 million
+20.6%
7. Public Assistance
$34 million
$128 million
-73.4%

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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