Nebraska Fiscal Statistics

StatisNostics/State Financials/Nebraska
Generating Chart...

Filter Data by Year

20122024
Generating Chart...

State Revenue Analysis (Nebraska: 2012–2024)

Population: 1,855,487 → 1,967,923 (6.1% change)

Overall Revenue Trends

Total Revenue▲ 81.8%
$9,403,917,000 (2012)→$17,091,998,000 (2024)
Per Capita Revenue▲ 71.4%
$5,068 (2012)→$8,685 (2024)
Fund Balances▼ 100%
$5,572,580,000 (2012)→$0 (2024)
Revenue Volatility✓ Low
Avg. fluctuation: 5.9%

Major Tax Revenue

Property Tax▲ 61.5%
$78,000 (2012)→$126,000 (2024)
Sales Tax▲ 89.4%
$1,570,450,000 (2012)→$2,974,813,000 (2024)

Utility Revenue

Solid Waste Charges▼ 38.7%
$155,000 (2012)→$95,000 (2024)

Growth Analysis

Fastest Growing Revenue Sources

Corporation Net Income Tax▲ 636.2%
$234,296,000→$1,724,908,000
Amusement Tax▲ 610.7%
$3,082,000→$21,904,000
Federal Intergovernmental Sewerage▲ 524.7%
$2,267,000→$14,163,000

Declining/Slowest Growing Sources

Education Other State Charges Not Elsewhere Classified▼ 99.2%
$29,434,000→$221,000
Local Intergovernmental Education▼ 91.2%
$33,141,000→$2,911,000
Hospital Charges▼ 86.3%
$223,374,000→$30,587,000

Revenue Forecast

Projected Revenue (Next Year)▲ 4.8%
Estimated: $17,905,792,078
Based on 3-year revenue trend

Revenue Composition

2012 Revenue Breakdown

Federal Intergovernmental Public Welfare24.1%
Individual Income Tax19.5%
Total General Sales Taxes16.7%
Higher Education Tuition Charges3.6%
Federal Intergovernmental Highways3.2%
Motor Fuels Sales Tax3.2%
Higher Education Auxiliary Charges2.8%
Donations From Private Sources2.5%
Corporation Net Income Tax2.5%
Federal Intergovernmental Education2.4%
Hospital Charges2.4%
Unemployment - Contribution2.2%
Federal Intergovernmental Other2.0%
Interest Earnings1.8%
Miscellaneous General Revenue Not Elsewhere Classified1.4%
Motor Vehicle License1.3%
All Other Not Elsewhere Classified Charges1.1%
Net Lottery Revenue0.8%
Tobacco Sales Tax0.7%
Public Utilities Tax0.6%
Insurance Premium Tax0.5%
Federal Intergovernmental Employment Security Administration0.4%
Federal Intergovernmental Other Natural Resources0.4%
Local Intergovernmental Education0.4%
Natural Resources Not Elsewhere Classified Charges0.3%
Rents0.3%
Education Other State Charges Not Elsewhere Classified0.3%
Alcoholic Beverage Sales Tax0.3%
Corporation License Tax0.3%
Other Selective Sales Taxes0.2%
Federal Intergovernmental Air Transportation0.2%
Fines & Forfeits0.2%
Local Intergovernmental Highways0.2%
Hunting & Fishing License0.2%
Occupation & Business License Not Elsewhere Classified0.1%
Documentary & Stock Transfer Tax0.1%
Unemployment - Interest Revenue0.1%
Federal Intergovernmental Health & Hospitals0.1%
Parks & Recreation Charges0.1%
Sale of Property0.1%
Severance Tax0.1%
Motor Vehicle Operators License0.1%
Housing & Community Development Charges0.0%
Amusement Tax0.0%
Regular Highway Charges0.0%
Federal Intergovernmental Sewerage0.0%
Miscellaneous Commercial Activity Not Elsewhere Classified Charges0.0%
Royalties0.0%
Alcoholic Beverage License Tax0.0%
Local Intergovernmental Other0.0%
Death & Gift Tax0.0%
Amusement License Tax0.0%
Air Transportation Charges0.0%
Local Intergovernmental Public Welfare0.0%
Parimutuels Tax0.0%
Solid Waste Charges0.0%
Workers Compensation - Interest Earnings0.0%
Property Tax0.0%

2024 Revenue Breakdown

Federal Intergovernmental Public Welfare25.8%
Total General Sales Taxes17.4%
Individual Income Tax14.5%
Corporation Net Income Tax10.1%
Miscellaneous General Revenue Not Elsewhere Classified4.7%
Federal Intergovernmental Highways3.3%
Higher Education Tuition Charges2.9%
Donations From Private Sources2.7%
Motor Fuels Sales Tax2.4%
Federal Intergovernmental Education2.3%
Federal Intergovernmental Other2.2%
Higher Education Auxiliary Charges2.2%
Interest Earnings2.0%
All Other Not Elsewhere Classified Charges0.9%
Motor Vehicle License0.8%
Net Lottery Revenue0.6%
Insurance Premium Tax0.6%
Unemployment - Contribution0.5%
Federal Intergovernmental Other Natural Resources0.5%
Public Utilities Tax0.4%
Elementary Secondary Education Not Elsewhere Classified Charges0.3%
Tobacco Sales Tax0.3%
Natural Resources Not Elsewhere Classified Charges0.3%
Local Intergovernmental Highways0.2%
Federal Intergovernmental Air Transportation0.2%
Occupation & Business License Not Elsewhere Classified0.2%
Rents0.2%
Alcoholic Beverage Sales Tax0.2%
Hospital Charges0.2%
Other Selective Sales Taxes0.2%
Federal Intergovernmental Health & Hospitals0.1%
Documentary & Stock Transfer Tax0.1%
Amusement Tax0.1%
Hunting & Fishing License0.1%
Unemployment - Interest Revenue0.1%
Federal Intergovernmental Sewerage0.1%
Fines & Forfeits0.1%
Corporation License Tax0.1%
Motor Vehicle Operators License0.1%
Parks & Recreation Charges0.1%
Sale of Property0.0%
Severance Tax0.0%
Local Intergovernmental Education0.0%
Housing & Community Development Charges0.0%
Royalties0.0%
Local Intergovernmental Other0.0%
Alcoholic Beverage License Tax0.0%
Other License Tax0.0%
Amusement License Tax0.0%
Regular Highway Charges0.0%
Air Transportation Charges0.0%
Education Other State Charges Not Elsewhere Classified0.0%
Workers Compensation - Interest Earnings0.0%
Property Tax0.0%
Solid Waste Charges0.0%

Key Insights

  1. 1Total revenue increased by 81.8% from 2012 to 2024, representing a significant change in the state's financial position.
  2. 2Population changed by 6.1%, while per-capita revenue changed by 71.4%.
  3. 3The state's fund balances decreased by 100%, suggesting financial challenges or major capital expenditures.
Generating Chart...

State Expense Analysis (Nebraska: 2012 - 2024)

Total Expenditure Trends

Operating Expenditures▲ 168%
$3,892,791,000→$10,436,981,000
Per Capita Spending▲ 153%
$2,098→$5,304

Population Trends

Population Change▲ 6.1%
1,855,487 (2012)→1,967,923 (2024)
⚠️ Spending growth significantly outpacing population growth

Public Safety Expenses

Police Protection▲ 62%
$72,450,000 (2012)→$117,104,000 (2024)
Fire Protection▼ 0%
$0 (2012)→$0 (2024)

Infrastructure Expenses

Highways Maintenance▲ 59%
$265,581,000 (2012)→$421,014,000 (2024)
Sewerage Operations▼ 0%
$0 (2012)→$0 (2024)

Administrative Expenses

Financial Administration▲ 93%
$127,460,000 (2012)→$245,646,000 (2024)
General Expenses▲ 53%
$271,261,000 (2012)→$416,343,000 (2024)

Nebraska Key Insights

  1. 1Per capita expenditures grew by 153%, indicating substantial service expansion or cost increases not explained by population growth alone
  2. 2Financial Administration was the fastest growing major expense category at 93% increase
Generating Chart...

State Debt Analysis (2012-2024)

Debt Trends

Total Long-Term Debt▲ 352%
$751,068,000 (2012)→$3,392,484,000 (2024)
Industrial Revenue Debt▼ 100%
$1,321,092,000 (2012)→$0 (2024)
Per Capita Debt▲ 326%
$405 (2012)→$1,724 (2024)

Population Trends

Population Change▲ 6.1%
1,855,487 (2012)→1,967,923 (2024)

Debt Management

Most Recent Year (2024)

Issued:$544,450,000
Retired:$195,574,000
Net Change:+$348,876,000

Debt Retirement Trend

$165,247,000 → $195,574,000▲ 18%

Key Insights

  1. 1The sharp increase in unspecified long-term debt suggests major capital projects or financial restructuring.
  2. 2New debt issuance significantly increased the per-resident debt burden (up 326%).