State IntegrityReceipts, not verdicts

Government budget and revenue in Nebraska, United States: official figures

Nebraska's state government took in $17.0 billion in fiscal year 2024, $8,473 per resident, 15th lowest of 50 states per person (all states: $9,318 per person). The total includes taxes, federal funds, charges and pension-fund investment income.

State government revenue
$17.0 billion
2024
State government spending
$16.2 billion
2024
State government debt outstanding
$3.4 billion
2024
Federal funds to the state government
$5.9 billion
2024
State tax collections
$7.3 billion
2025

How much does the Nebraska state government spend?

The Nebraska state government spent $16.2 billion in fiscal year 2024, or $8,090 per resident, 12th lowest of 50 states (all states: $9,444). Spending was 44.4% higher than in fiscal year 2019 ($11.2 billion), before adjusting for inflation.

Source: U.S. Census Bureau · saved copy

How much debt does the Nebraska state government have?

Nebraska state government debt outstanding was $3.4 billion at the end of fiscal year 2024, $1,692 per resident, 11th lowest of 50 states (all states: $3,248). That equals 20% of one year's general revenue; in fiscal year 2019 the debt was $2.3 billion.

Source: U.S. Census Bureau · saved copy

How much federal funding does Nebraska get?

The federal government provided $5.9 billion to the Nebraska state government in fiscal year 2024, $2,944 per resident and 34.7% of its general revenue, 25th lowest share of 50 states (all states: 34.2%).

Source: U.S. Census Bureau · saved copy

What are federal funds to Nebraska spent on?

Public welfare programmes, mainly Medicaid, accounted for $4.4 billion or 75% of Nebraska's federal funds in fiscal year 2024, and education for $400.7 million (7%).

Source: U.S. Census Bureau · saved copy

What does the Nebraska state government spend its money on?

Direct state spending on public welfare was $2,478 per resident in fiscal year 2024, 18th lowest of 50 states (all states: $3,000); higher education took $1,266 per resident and highways $604.

Source: U.S. Census Bureau · saved copy

How much does Nebraska give to local governments and schools?

26.0% of Nebraska's state general spending in fiscal year 2024 ($4.2 billion) was paid to other governments, mostly local governments and school districts, 18th highest share of 50 states (all states: 27.7%).

Source: U.S. Census Bureau · saved copy

How much tax does Nebraska collect?

Nebraska collected $7.3 billion in state taxes in fiscal year 2025, $3,614 per resident, 16th lowest of 50 states (all states: $4,503). That was 10.2% less than in fiscal year 2024 ($8.1 billion); across all states collections rose 4.3%.

Source: U.S. Census Bureau · saved copy

What taxes does Nebraska rely on?

The individual income tax raised $2.2 billion (29.9% of state taxes, 20th lowest share of 50 states) in fiscal year 2025. The general sales tax raised $3.1 billion (41.9%, 11th highest share of 50 states). The largest single tax was the general sales and gross receipts tax (41.9%), followed by the individual income tax (29.9%).

Source: U.S. Census Bureau · saved copy

Does Nebraska have corporate, property or severance taxes?

In fiscal year 2025, in Nebraska, corporate net income tax raised $1.1 billion (14.7% of state taxes); state property tax raised $124,000; severance tax on oil, gas, coal and minerals raised $3.1 million (0.0% of state taxes).

Source: U.S. Census Bureau · saved copy

How much money does the Nebraska state government hold in reserves?

The Nebraska state government held $22.3 billion in cash and securities at the end of fiscal year 2024, $11,115 per resident, of which $21.2 billion was in insurance trust funds such as public employee pension systems.

Source: U.S. Census Bureau · saved copy

How Nebraska compares with other states

State government revenue per person (2024)

Nebraska ranks 36 of 50, highest first. All revenue of the state government, including insurance trust income, divided by 1 July population

RankRegionState government revenue per person
33Oklahoma$8,690
34South Carolina$8,662
35Wisconsin$8,478
36Nebraska$8,473
37Ohio$8,401
38Indiana$8,305
39Arizona$8,056
Source: U.S. Census Bureau · saved copy

State government spending per person (2024)

Nebraska ranks 39 of 50, highest first. Total expenditure of the state government divided by 1 July population

RankRegionState government spending per person
36Indiana$8,302
37Arizona$8,113
38North Carolina$8,097
39Nebraska$8,090
40Colorado$8,007
41Montana$7,942
42South Dakota$7,895
Source: U.S. Census Bureau · saved copy

State government debt per person (2024)

Nebraska ranks 40 of 50, highest first. Debt outstanding at the end of the fiscal year divided by 1 July population

RankRegionState government debt per person
37Kentucky$2,199
38Wyoming$2,140
39Alabama$2,129
40Nebraska$1,692
41Utah$1,585
42Georgia$1,254
43Tennessee$1,245
Source: U.S. Census Bureau · saved copy

Federal funds received by the state government per person (2024)

Nebraska ranks 34 of 50, highest first. Intergovernmental revenue from the federal government

RankRegionFederal funds received by the state government per person
31Connecticut$3,157
32New Jersey$3,125
33South Dakota$3,058
34Nebraska$2,944
35North Carolina$2,843
36Illinois$2,830
37Washington$2,816
Source: U.S. Census Bureau · saved copy

Federal funds as a share of state general revenue (2024)

Nebraska ranks 26 of 50, highest first.

RankRegionFederal funds as a share of state general revenue
23North Carolina36.1%
24Pennsylvania36.0%
25Colorado36.0%
26Nebraska34.7%
27New Hampshire34.6%
28Florida34.4%
29Maryland33.9%
Source: U.S. Census Bureau · saved copy

State tax collections per person (2025)

Nebraska ranks 35 of 50, highest first.

RankRegionState tax collections per person
32Iowa$3,743
33Mississippi$3,707
34North Carolina$3,628
35Nebraska$3,614
36Louisiana$3,547
37Tennessee$3,496
38Arizona$3,494
Source: U.S. Census Bureau · saved copy

Individual income tax as a share of state taxes (2025)

Nebraska ranks 31 of 50, highest first.

RankRegionIndividual income tax as a share of state taxes
28Iowa31.4%
29West Virginia31.0%
30Michigan30.7%
31Nebraska29.9%
32Hawaii29.8%
33Louisiana29.0%
34Ohio28.3%
Source: U.S. Census Bureau · saved copy

General sales tax as a share of state taxes (2025)

Nebraska ranks 11 of 50, highest first.

RankRegionGeneral sales tax as a share of state taxes
8Mississippi49.4%
9Hawaii44.9%
10Ohio42.6%
11Nebraska41.9%
12Indiana40.9%
13Arkansas40.9%
14Wyoming38.7%
Source: U.S. Census Bureau · saved copy

State spending on public welfare per person (2024)

Nebraska ranks 33 of 50, highest first. Direct general expenditure on public welfare, mainly Medicaid

RankRegionState spending on public welfare per person
30North Dakota$2,638
31Montana$2,551
32Missouri$2,510
33Nebraska$2,478
34Washington$2,475
35Michigan$2,416
36South Carolina$2,340
Source: U.S. Census Bureau · saved copy

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Sources

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