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Connecticut vs Nevada Budget FY2022

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Connecticut vs Nevada

Total Expenditure

Connecticut

$41.5 billion

Nevada

$20.1 billion

Connecticut is 106.7% higher
General Fund

Connecticut

$20.7 billion

Nevada

$4.5 billion

Connecticut is 355.2% higher
Total Revenue

Connecticut

โ€”

Nevada

โ€”

Not comparable
General Fund Revenue

Connecticut

$22.0 billion

Nevada

$5.5 billion

Connecticut is 297.2% higher
Rainy Day Fund

Connecticut

$3.3 billion

Nevada

$340 million

Connecticut is 874.4% higher
State GDP

Connecticut

$376.5 billion

Nevada

$281.5 billion

Connecticut is 33.8% higher

Receipts & Expenditure Comparison

ParticularsConnecticutNevadaDifference
Total Expenditure (all funds)$41.5 billion$20.1 billion+106.7%
General Fund Expenditure$20.7 billion$4.5 billion+355.2%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$22.0 billion$5.5 billion+297.2%
Rainy Day Fund$3.3 billion$340 million+874.4%
State GDP$376.5 billion$281.5 billion+33.8%

Connecticut per resident

$11,264

Nevada per resident

$6,125

Connecticut โ€” Spending Composition

Nevada โ€” Spending Composition

Category-wise Allocation โ€” Connecticut vs Nevada

CategoryConnecticutNevadaDifference
1. All Other
$16.8 billion
$6.7 billion
+150.1%
2. Medicaid
$9.3 billion
$5.3 billion
+77.5%
3. K-12 Education
$5.4 billion
$6.0 billion
-10.6%
4. Higher Education
$4.6 billion
$998 million
+360.7%
5. Transportation
$4.4 billion
$787 million
+455.8%
6. Corrections
$718 million
$318 million
+125.8%
7. Public Assistance
$369 million
$37 million
+897.3%

Compare Another Fiscal Year

FY2025FY2024FY2023FY2022FY2021

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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