Nevada vs Colorado Budget FY2021
Spending, revenue and category allocations compared side by side.
Key Budget Metrics โ Nevada vs Colorado
Nevada
$18.7 billion
Colorado
$31.6 billion
Nevada
$4.6 billion
Colorado
$13.3 billion
Nevada
โ
Colorado
โ
Nevada
$4.5 billion
Colorado
$14.3 billion
Nevada
$98 million
Colorado
$3.2 billion
Nevada
$281.5 billion
Colorado
$584.3 billion
Receipts & Expenditure Comparison
| Particulars | Nevada | Colorado | Difference |
|---|---|---|---|
| Total Expenditure (all funds) | $18.7 billion | $31.6 billion | -40.8% |
| General Fund Expenditure | $4.6 billion | $13.3 billion | -65.7% |
| Total Revenue | โ | โ | โ |
| General Fund Revenue | $4.5 billion | $14.3 billion | -68.7% |
| Rainy Day Fund | $98 million | $3.2 billion | -96.9% |
| State GDP | $281.5 billion | $584.3 billion | -51.8% |
Nevada per resident
$5,700
Colorado per resident
$5,254
Nevada โ Spending Composition
Colorado โ Spending Composition
Category-wise Allocation โ Nevada vs Colorado
| Category | Nevada | Colorado | Difference |
|---|---|---|---|
1. Medicaid | $4.8 billion | $10.6 billion | -54.8% |
2. All Other | $6.4 billion | $8.4 billion | -24.1% |
3. K-12 Education | $5.4 billion | $5.9 billion | -8.8% |
4. Higher Education | $939 million | $3.6 billion | -73.7% |
5. Transportation | $759 million | $2.0 billion | -61.6% |
6. Corrections | $445 million | $904 million | -50.8% |
7. Public Assistance | $34 million | $262 million | -87.0% |
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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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