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Nevada vs Iowa Budget FY2021

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Nevada vs Iowa

Total Expenditure

Nevada

$18.7 billion

Iowa

$28.5 billion

Nevada is 34.4% lower
General Fund

Nevada

$4.6 billion

Iowa

$7.8 billion

Nevada is 41.6% lower
Total Revenue

Nevada

โ€”

Iowa

โ€”

Not comparable
General Fund Revenue

Nevada

$4.5 billion

Iowa

$8.8 billion

Nevada is 49.2% lower
Rainy Day Fund

Nevada

$98 million

Iowa

$801 million

Nevada is 87.8% lower
State GDP

Nevada

$281.5 billion

Iowa

$277.1 billion

Nevada is 1.6% higher

Receipts & Expenditure Comparison

ParticularsNevadaIowaDifference
Total Expenditure (all funds)$18.7 billion$28.5 billion-34.4%
General Fund Expenditure$4.6 billion$7.8 billion-41.6%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$4.5 billion$8.8 billion-49.2%
Rainy Day Fund$98 million$801 million-87.8%
State GDP$281.5 billion$277.1 billion+1.6%

Nevada per resident

$5,700

Iowa per resident

$8,809

Nevada โ€” Spending Composition

Iowa โ€” Spending Composition

Category-wise Allocation โ€” Nevada vs Iowa

CategoryNevadaIowaDifference
1. All Other
$6.4 billion
$8.0 billion
-20.3%
2. Medicaid
$4.8 billion
$6.6 billion
-27.8%
3. Higher Education
$939 million
$6.6 billion
-85.7%
4. K-12 Education
$5.4 billion
$4.4 billion
+20.5%
5. Transportation
$759 million
$2.3 billion
-66.9%
6. Corrections
$445 million
$467 million
-4.7%
7. Public Assistance
$34 million
$92 million
-63.0%

Compare Another Fiscal Year

FY2026FY2025FY2024FY2023FY2022FY2021

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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