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Nebraska vs Montana Budget FY2024

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Nebraska vs Montana

Total Expenditure

Nebraska

$18.5 billion

Montana

$10.0 billion

Nebraska is 84.6% higher
General Fund

Nebraska

$5.3 billion

Montana

$3.3 billion

Nebraska is 59.1% higher
Total Revenue

Nebraska

โ€”

Montana

โ€”

Not comparable
General Fund Revenue

Nebraska

$7.2 billion

Montana

$3.3 billion

Nebraska is 115.4% higher
Rainy Day Fund

Nebraska

$913 million

Montana

$522 million

Nebraska is 74.9% higher
State GDP

Nebraska

$198.1 billion

Montana

$82.4 billion

Nebraska is 140.5% higher

Receipts & Expenditure Comparison

ParticularsNebraskaMontanaDifference
Total Expenditure (all funds)$18.5 billion$10.0 billion+84.6%
General Fund Expenditure$5.3 billion$3.3 billion+59.1%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$7.2 billion$3.3 billion+115.4%
Rainy Day Fund$913 million$522 million+74.9%
State GDP$198.1 billion$82.4 billion+140.5%

Nebraska per resident

$9,171

Montana per resident

$8,755

Nebraska โ€” Spending Composition

Montana โ€” Spending Composition

Category-wise Allocation โ€” Nebraska vs Montana

CategoryNebraskaMontanaDifference
1. All Other
$6.4 billion
$4.1 billion
+54.8%
2. Medicaid
$4.0 billion
$2.3 billion
+72.4%
3. Higher Education
$3.8 billion
$770 million
+397.1%
4. K-12 Education
$2.4 billion
$1.3 billion
+81.2%
5. Transportation
$1.3 billion
$1.2 billion
+6.3%
6. Corrections
$613 million
$282 million
+117.4%

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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