Mississippi vs Nevada Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics — Mississippi vs Nevada

Total Expenditure

Mississippi

$25.6 billion

Nevada

$19.8 billion

Mississippi is 29.1% higher

General Fund

Mississippi

$6.6 billion

Nevada

$5.3 billion

Mississippi is 25.8% higher

Total Revenue

Mississippi

—

Nevada

—

Not comparable

General Fund Revenue

Mississippi

$7.7 billion

Nevada

$6.0 billion

Mississippi is 28.2% higher

Rainy Day Fund

Mississippi

$642 million

Nevada

$1.2 billion

Mississippi is 45.3% lower

State GDP

Mississippi

$165.1 billion

Nevada

$281.5 billion

Mississippi is 41.4% lower

Receipts & Expenditure Comparison

Particulars	Mississippi	Nevada	Difference
Total Expenditure (all funds)	$25.6 billion	$19.8 billion	+29.1%
General Fund Expenditure	$6.6 billion	$5.3 billion	+25.8%
Total Revenue	—	—	—
General Fund Revenue	$7.7 billion	$6.0 billion	+28.2%
Rainy Day Fund	$642 million	$1.2 billion	-45.3%
State GDP	$165.1 billion	$281.5 billion	-41.4%

Mississippi per resident

$8,672

Nevada per resident

$6,044

Mississippi — Spending Composition

Nevada — Spending Composition

Category-wise Allocation — Mississippi vs Nevada

Category	Mississippi	Nevada	Difference
1. All Other	$7.7 billion	$4.4 billion	+75.8%
2. K-12 Education	$4.5 billion	$6.8 billion	-33.3%
3. Medicaid	$6.7 billion	$5.7 billion	+18.3%
4. Higher Education	$4.6 billion	$1.2 billion	+282.3%
5. Transportation	$1.7 billion	$1.4 billion	+17.6%
6. Corrections	$423 million	$358 million	+18.2%

Compare Another Fiscal Year

FY2026 FY2025 FY2024 FY2023 FY2022 FY2021

Understanding This Comparison

State budgets are compared on an all-funds basis — 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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