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Nevada vs Kentucky Budget FY2025

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” Nevada vs Kentucky

Total Expenditure

Nevada

$21.0 billion

Kentucky

$57.2 billion

Nevada is 63.3% lower
General Fund

Nevada

$6.1 billion

Kentucky

$15.9 billion

Nevada is 61.4% lower
Total Revenue

Nevada

โ€”

Kentucky

โ€”

Not comparable
General Fund Revenue

Nevada

$6.0 billion

Kentucky

$15.8 billion

Nevada is 61.9% lower
Rainy Day Fund

Nevada

$1.2 billion

Kentucky

$4.8 billion

Nevada is 74.1% lower
State GDP

Nevada

$281.5 billion

Kentucky

$306.9 billion

Nevada is 8.3% lower

Receipts & Expenditure Comparison

ParticularsNevadaKentuckyDifference
Total Expenditure (all funds)$21.0 billion$57.2 billion-63.3%
General Fund Expenditure$6.1 billion$15.9 billion-61.4%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$6.0 billion$15.8 billion-61.9%
Rainy Day Fund$1.2 billion$4.8 billion-74.1%
State GDP$281.5 billion$306.9 billion-8.3%

Nevada per resident

$6,405

Kentucky per resident

$12,423

Nevada โ€” Spending Composition

Kentucky โ€” Spending Composition

Category-wise Allocation โ€” Nevada vs Kentucky

CategoryNevadaKentuckyDifference
1. Medicaid
$7.9 billion
$20.3 billion
-61.0%
2. Higher Education
$1.2 billion
$13.5 billion
-91.2%
3. All Other
$3.7 billion
$11.8 billion
-69.0%
4. K-12 Education
$6.7 billion
$7.3 billion
-9.2%
5. Transportation
$1.1 billion
$3.2 billion
-64.5%
6. Corrections
$482 million
$1.1 billion
-57.6%

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.

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