Nebraska Fiscal Statistics

StatisNostics/State Financials/Nebraska
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20122023
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State Revenue Analysis (Nebraska: 2012–2023)

Population: 1,855,487 → 1,963,692 (5.8% change)

Overall Revenue Trends

Total Revenue▲ 65.8%
$9,403,917,000 (2012)→$15,590,772,000 (2023)
Per Capita Revenue▲ 56.7%
$5,068 (2012)→$7,940 (2023)
Fund Balances▼ 100%
$5,572,580,000 (2012)→$0 (2023)
Revenue Volatility✓ Low
Avg. fluctuation: 5.6%

Major Tax Revenue

Property Tax▲ 65.4%
$78,000 (2012)→$129,000 (2023)
Sales Tax▲ 74.9%
$1,570,450,000 (2012)→$2,747,036,000 (2023)

Utility Revenue

Solid Waste Charges▼ 29.7%
$155,000 (2012)→$109,000 (2023)

Growth Analysis

Fastest Growing Revenue Sources

Federal Intergovernmental Health & Hospitals▲ 991.5%
$7,394,000→$80,707,000
Federal Intergovernmental Sewerage▲ 584.8%
$2,267,000→$15,524,000
Occupation & Business License Not Elsewhere Classified▲ 197.2%
$11,658,000→$34,649,000

Declining/Slowest Growing Sources

Education Other State Charges Not Elsewhere Classified▼ 99.6%
$29,434,000→$114,000
Hospital Charges▼ 87.9%
$223,374,000→$27,056,000
Corporation License Tax▼ 75.8%
$26,330,000→$6,378,000

Revenue Forecast

Projected Revenue (Next Year)▲ 3.3%
Estimated: $16,105,641,688
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%

2023 Revenue Breakdown

Federal Intergovernmental Public Welfare29.6%
Individual Income Tax19.3%
Total General Sales Taxes17.6%
Corporation Net Income Tax4.4%
Federal Intergovernmental Highways3.1%
Higher Education Tuition Charges2.9%
Donations From Private Sources2.7%
Motor Fuels Sales Tax2.4%
Federal Intergovernmental Education2.4%
Higher Education Auxiliary Charges2.3%
Miscellaneous General Revenue Not Elsewhere Classified1.6%
Interest Earnings1.6%
Federal Intergovernmental Other1.6%
All Other Not Elsewhere Classified Charges1.1%
Motor Vehicle License0.8%
Net Lottery Revenue0.7%
Insurance Premium Tax0.6%
Unemployment - Contribution0.6%
Federal Intergovernmental Health & Hospitals0.5%
Federal Intergovernmental Other Natural Resources0.5%
Public Utilities Tax0.4%
Tobacco Sales Tax0.3%
Elementary Secondary Education Not Elsewhere Classified Charges0.3%
Natural Resources Not Elsewhere Classified Charges0.2%
Local Intergovernmental Highways0.2%
Other Selective Sales Taxes0.2%
Occupation & Business License Not Elsewhere Classified0.2%
Alcoholic Beverage Sales Tax0.2%
Rents0.2%
Federal Intergovernmental Air Transportation0.2%
Hospital Charges0.2%
Documentary & Stock Transfer Tax0.2%
Hunting & Fishing License0.1%
Federal Intergovernmental Sewerage0.1%
Local Intergovernmental Education0.1%
Fines & Forfeits0.1%
Motor Vehicle Operators License0.1%
Parks & Recreation Charges0.1%
Unemployment - Interest Revenue0.1%
Amusement Tax0.1%
Corporation License Tax0.0%
Sale of Property0.0%
Severance Tax0.0%
Housing & Community Development Charges0.0%
Regular Highway Charges0.0%
Royalties0.0%
Alcoholic Beverage License Tax0.0%
Other License Tax0.0%
Local Intergovernmental Other0.0%
Amusement License Tax0.0%
Air Transportation Charges0.0%
Workers Compensation - Interest Earnings0.0%
Property Tax0.0%
Education Other State Charges Not Elsewhere Classified0.0%
Solid Waste Charges0.0%
Local Intergovernmental Health & Hospitals0.0%

Key Insights

  1. 1Total revenue increased by 65.8% from 2012 to 2023, representing a significant change in the state's financial position.
  2. 2Population changed by 5.8%, while per-capita revenue changed by 56.7%.
  3. 3The state's fund balances decreased by 100%, suggesting financial challenges or major capital expenditures.
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State Expense Analysis (Nebraska: 2012 - 2023)

Total Expenditure Trends

Operating Expenditures▲ 160%
$3,892,791,000→$10,117,532,000
Per Capita Spending▲ 146%
$2,098→$5,152

Population Trends

Population Change▲ 5.8%
1,855,487 (2012)→1,963,692 (2023)
⚠️ Spending growth significantly outpacing population growth

Public Safety Expenses

Police Protection▲ 40%
$72,450,000 (2012)→$101,133,000 (2023)
Fire Protection▼ 0%
$0 (2012)→$0 (2023)

Infrastructure Expenses

Highways Maintenance▲ 32%
$265,581,000 (2012)→$351,495,000 (2023)
Sewerage Operations▼ 0%
$0 (2012)→$0 (2023)

Administrative Expenses

Financial Administration▲ 101%
$127,460,000 (2012)→$255,739,000 (2023)
General Expenses▲ 54%
$271,261,000 (2012)→$416,661,000 (2023)

Nebraska Key Insights

  1. 1Per capita expenditures grew by 146%, indicating substantial service expansion or cost increases not explained by population growth alone
  2. 2Financial Administration was the fastest growing major expense category at 101% increase
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State Debt Analysis (2012-2023)

Debt Trends

Total Long-Term Debt▲ 145%
$751,068,000 (2012)→$1,840,671,000 (2023)
Industrial Revenue Debt▼ 100%
$1,321,092,000 (2012)→$0 (2023)
Per Capita Debt▲ 132%
$405 (2012)→$937 (2023)

Population Trends

Population Change▲ 5.8%
1,855,487 (2012)→1,963,692 (2023)

Debt Management

Most Recent Year (2023)

Issued:$620,094,000
Retired:$203,337,000
Net Change:+$416,757,000

Debt Retirement Trend

$165,247,000 → $203,337,000▲ 23%

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 132%).