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West Virginia vs Nebraska Budget FY2024

Spending, revenue and category allocations compared side by side.

Key Budget Metrics โ€” West Virginia vs Nebraska

Total Expenditure

West Virginia

$25.8 billion

Nebraska

$18.5 billion

West Virginia is 39.5% higher
General Fund

West Virginia

$6.3 billion

Nebraska

$5.3 billion

West Virginia is 19.3% higher
Total Revenue

West Virginia

โ€”

Nebraska

โ€”

Not comparable
General Fund Revenue

West Virginia

$5.7 billion

Nebraska

$7.2 billion

West Virginia is 20.2% lower
Rainy Day Fund

West Virginia

$1.3 billion

Nebraska

$913 million

West Virginia is 37.6% higher
State GDP

West Virginia

$109.3 billion

Nebraska

$198.1 billion

West Virginia is 44.8% lower

Receipts & Expenditure Comparison

ParticularsWest VirginiaNebraskaDifference
Total Expenditure (all funds)$25.8 billion$18.5 billion+39.5%
General Fund Expenditure$6.3 billion$5.3 billion+19.3%
Total Revenueโ€”โ€”โ€”
General Fund Revenue$5.7 billion$7.2 billion-20.2%
Rainy Day Fund$1.3 billion$913 million+37.6%
State GDP$109.3 billion$198.1 billion-44.8%

West Virginia per resident

$14,618

Nebraska per resident

$9,171

West Virginia โ€” Spending Composition

Nebraska โ€” Spending Composition

Category-wise Allocation โ€” West Virginia vs Nebraska

CategoryWest VirginiaNebraskaDifference
1. All Other
$13.0 billion
$6.4 billion
+104.6%
2. Medicaid
$5.1 billion
$4.0 billion
+26.4%
3. Higher Education
$2.1 billion
$3.8 billion
-45.1%
4. K-12 Education
$3.2 billion
$2.4 billion
+32.8%
5. Transportation
$1.9 billion
$1.3 billion
+48.9%
6. Corrections
$511 million
$613 million
-16.6%

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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