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Nevada vs Alaska Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Nevada vs Alaska

Total Expenditure

Nevada

$20.1 billion

Alaska

$15.0 billion

Nevada is 34.4% higher
General Fund

Nevada

$4.5 billion

Alaska

$6.4 billion

Nevada is 28.7% lower
Total Revenue

Nevada

โ€”

Alaska

โ€”

Not comparable
General Fund Revenue

Nevada

$5.5 billion

Alaska

$7.0 billion

Nevada is 20.9% lower
Rainy Day Fund

Nevada

$340 million

Alaska

$2.6 billion

Nevada is 87.1% lower
State GDP

Nevada

$281.5 billion

Alaska

$75.0 billion

Nevada is 275.2% higher

Receipts & Expenditure Comparison

ParticularsNevadaAlaskaDifference
Total Expenditure (all funds)$20.1 billion$15.0 billion+34.4%
General Fund Expenditure$4.5 billion$6.4 billion-28.7%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$5.5 billion$7.0 billion-20.9%
Rainy Day Fund$340 million$2.6 billion-87.1%
State GDP$281.5 billion$75.0 billion+275.2%

Nevada per resident

$6,125

Alaska per resident

$20,293

Nevada โ€” Spending Composition

Alaska โ€” Spending Composition

Category-wise Allocation โ€” Nevada vs Alaska

CategoryNevadaAlaskaDifference
1. All Other
$6.7 billion
$6.5 billion
+3.3%
2. K-12 Education
$6.0 billion
$1.9 billion
+218.2%
3. Medicaid
$5.3 billion
$2.5 billion
+111.6%
4. Transportation
$787 million
$2.5 billion
-68.7%
5. Higher Education
$998 million
$983 million
+1.5%
6. Corrections
$318 million
$474 million
-32.9%
7. Public Assistance
$37 million
$115 million
-67.8%

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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