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Kentucky vs Nevada Budget FY2022

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Kentucky vs Nevada

Total Expenditure

Kentucky

$45.4 billion

Nevada

$20.1 billion

Kentucky is 125.9% higher
General Fund

Kentucky

$13.0 billion

Nevada

$4.5 billion

Kentucky is 187.1% higher
Total Revenue

Kentucky

โ€”

Nevada

โ€”

Not comparable
General Fund Revenue

Kentucky

$14.8 billion

Nevada

$5.5 billion

Kentucky is 167.9% higher
Rainy Day Fund

Kentucky

$2.5 billion

Nevada

$340 million

Kentucky is 634.1% higher
State GDP

Kentucky

$306.9 billion

Nevada

$281.5 billion

Kentucky is 9.0% higher

Receipts & Expenditure Comparison

ParticularsKentuckyNevadaDifference
Total Expenditure (all funds)$45.4 billion$20.1 billion+125.9%
General Fund Expenditure$13.0 billion$4.5 billion+187.1%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$14.8 billion$5.5 billion+167.9%
Rainy Day Fund$2.5 billion$340 million+634.1%
State GDP$306.9 billion$281.5 billion+9.0%

Kentucky per resident

$9,854

Nevada per resident

$6,125

Kentucky โ€” Spending Composition

Nevada โ€” Spending Composition

Category-wise Allocation โ€” Kentucky vs Nevada

CategoryKentuckyNevadaDifference
1. Medicaid
$14.9 billion
$5.3 billion
+183.3%
2. All Other
$9.9 billion
$6.7 billion
+47.7%
3. Higher Education
$9.2 billion
$998 million
+817.4%
4. K-12 Education
$7.6 billion
$6.0 billion
+27.2%
5. Transportation
$2.8 billion
$787 million
+256.9%
6. Corrections
$782 million
$318 million
+145.9%
7. Public Assistance
$222 million
$37 million
+500.0%

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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