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Nevada vs Kentucky Budget FY2022

Spending, revenue and category allocations compared side by side.

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Key Budget Metrics โ€” Nevada vs Kentucky

Total Expenditure

Nevada

$20.1 billion

Kentucky

$45.4 billion

Nevada is 55.7% lower
General Fund

Nevada

$4.5 billion

Kentucky

$13.0 billion

Nevada is 65.2% lower
Total Revenue

Nevada

โ€”

Kentucky

โ€”

Not comparable
General Fund Revenue

Nevada

$5.5 billion

Kentucky

$14.8 billion

Nevada is 62.7% lower
Rainy Day Fund

Nevada

$340 million

Kentucky

$2.5 billion

Nevada is 86.4% lower
State GDP

Nevada

$281.5 billion

Kentucky

$306.9 billion

Nevada is 8.3% lower

Receipts & Expenditure Comparison

ParticularsNevadaKentuckyDifference
Total Expenditure (all funds)$20.1 billion$45.4 billion-55.7%
General Fund Expenditure$4.5 billion$13.0 billion-65.2%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$5.5 billion$14.8 billion-62.7%
Rainy Day Fund$340 million$2.5 billion-86.4%
State GDP$281.5 billion$306.9 billion-8.3%

Nevada per resident

$6,125

Kentucky per resident

$9,854

Nevada โ€” Spending Composition

Kentucky โ€” Spending Composition

Category-wise Allocation โ€” Nevada vs Kentucky

CategoryNevadaKentuckyDifference
1. Medicaid
$5.3 billion
$14.9 billion
-64.7%
2. All Other
$6.7 billion
$9.9 billion
-32.3%
3. Higher Education
$998 million
$9.2 billion
-89.1%
4. K-12 Education
$6.0 billion
$7.6 billion
-21.4%
5. Transportation
$787 million
$2.8 billion
-72.0%
6. Corrections
$318 million
$782 million
-59.3%
7. Public Assistance
$37 million
$222 million
-83.3%

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.

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