Nevada Fiscal Statistics

StatisNostics/State Financials/Nevada

Generating Chart...

Filter Data by Year

20122022

Generating Chart...

State Revenue Analysis (Nevada: 2012–2022)

Population: 2,755,245 → 3,138,259 (13.9% change)

Overall Revenue Trends

Total Revenue▲ 120.8%

$11,687,021,000 (2012)→$25,801,225,000 (2022)

Per Capita Revenue▲ 93.8%

$4,242 (2012)→$8,222 (2022)

Fund Balances▼ 100%

$3,401,481,000 (2012)→$0 (2022)

Revenue Volatility✓ Low

Avg. fluctuation: 9.6%

Major Tax Revenue

Property Tax▲ 496.7%

$234,522,000 (2012)→$1,399,442,000 (2022)

Sales Tax▲ 118.4%

$3,433,958,000 (2012)→$7,501,390,000 (2022)

Utility Revenue

Water Utilities▲ 150.6%

$1,169,000 (2012)→$2,929,000 (2022)

Growth Analysis

Fastest Growing Revenue Sources

Federal Intergovernmental Health & Hospitals▲ 2209.5%

$142,542,000→$3,292,056,000

Property Tax▲ 496.7%

$234,522,000→$1,399,442,000

Local Intergovernmental Health & Hospitals▲ 322.2%

$6,556,000→$27,682,000

Declining/Slowest Growing Sources

Royalties▼ 100.0%

$2,625,000→$1,000

Hospital Charges▼ 91.7%

$3,393,000→$282,000

Local Intergovernmental Education▼ 84.6%

$24,832,000→$3,832,000

Revenue Forecast

Projected Revenue (Next Year)▲ 21.8%

Estimated: $31,415,375,723

Based on 3-year revenue trend

Revenue Composition

2012 Revenue Breakdown

Total General Sales Taxes29.4%

Federal Intergovernmental Public Welfare10.5%

Amusement Tax7.8%

Federal Intergovernmental Education4.6%

Unemployment - Contribution4.2%

Federal Intergovernmental Highways4.0%

Taxes Not Elsewhere Classified3.2%

Higher Education Tuition Charges3.0%

Severance Tax2.6%

Motor Fuels Sales Tax2.5%

Miscellaneous General Revenue Not Elsewhere Classified2.4%

Federal Intergovernmental Other2.3%

Insurance Premium Tax2.0%

Property Tax2.0%

Occupation & Business License Not Elsewhere Classified1.9%

Other Selective Sales Taxes1.6%

All Other Not Elsewhere Classified Charges1.6%

Local Intergovernmental Public Welfare1.4%

Motor Vehicle License1.4%

Federal Intergovernmental Health & Hospitals1.2%

Tobacco Sales Tax0.9%

Interest Earnings0.9%

Amusement License Tax0.8%

Higher Education Auxiliary Charges0.8%

Federal Intergovernmental Employment Security Administration0.8%

Electric Utilities Revenue0.8%

Donations From Private Sources0.6%

Corporation License Tax0.6%

Fines & Forfeits0.5%

Local Intergovernmental Highways0.5%

Documentary & Stock Transfer Tax0.4%

Federal Intergovernmental Other Natural Resources0.4%

Alcoholic Beverage Sales Tax0.4%

Federal Intergovernmental Water Utilities0.2%

Federal Intergovernmental Sewerage0.2%

Local Intergovernmental Education0.2%

Federal Intergovernmental Housing & Community Development0.2%

Rents0.2%

Public Utilities Tax0.2%

Motor Vehicle Operators License0.2%

Local Intergovernmental Other0.1%

Natural Resources Not Elsewhere Classified Charges0.1%

Hunting & Fishing License0.1%

Local Intergovernmental Health & Hospitals0.1%

Parks & Recreation Charges0.0%

Sale of Property0.0%

Other License Tax0.0%

Housing & Community Development Charges0.0%

Hospital Charges0.0%

Regular Highway Charges0.0%

Royalties0.0%

Education Other State Charges Not Elsewhere Classified0.0%

Special Assessments0.0%

Water Utilities Revenue0.0%

2022 Revenue Breakdown

Total General Sales Taxes29.1%

Federal Intergovernmental Public Welfare16.0%

Federal Intergovernmental Health & Hospitals12.8%

Property Tax5.4%

Amusement Tax5.3%

Taxes Not Elsewhere Classified2.9%

Federal Intergovernmental Education2.9%

Unemployment - Contribution2.7%

Insurance Premium Tax2.0%

Higher Education Tuition Charges1.9%

Other Selective Sales Taxes1.8%

Motor Fuels Sales Tax1.5%

Federal Intergovernmental General Support1.4%

Miscellaneous General Revenue Not Elsewhere Classified1.3%

Occupation & Business License Not Elsewhere Classified1.1%

Federal Intergovernmental Highways1.1%

Interest Earnings1.1%

Federal Intergovernmental Other1.0%

All Other Not Elsewhere Classified Charges1.0%

Motor Vehicle License0.9%

Severance Tax0.8%

Documentary & Stock Transfer Tax0.7%

Tobacco Sales Tax0.7%

Local Intergovernmental Public Welfare0.7%

Federal Intergovernmental Employment Security Administration0.4%

Donations From Private Sources0.4%

Amusement License Tax0.4%

Corporation License Tax0.4%

Higher Education Auxiliary Charges0.3%

Fines & Forfeits0.3%

Federal Intergovernmental Housing & Community Development0.2%

Alcoholic Beverage Sales Tax0.2%

Public Utilities Tax0.2%

Federal Intergovernmental Other Natural Resources0.2%

Electric Utilities Revenue0.1%

Local Intergovernmental Health & Hospitals0.1%

Motor Vehicle Operators License0.1%

Local Intergovernmental Other0.1%

Natural Resources Not Elsewhere Classified Charges0.1%

Hunting & Fishing License0.1%

Parks & Recreation Charges0.0%

Sale of Property0.0%

Federal Intergovernmental Sewerage0.0%

Housing & Community Development Charges0.0%

Other License Tax0.0%

Regular Highway Charges0.0%

Unemployment - Interest Revenue0.0%

Local Intergovernmental Education0.0%

Special Assessments0.0%

Water Utilities Revenue0.0%

Education Other State Charges Not Elsewhere Classified0.0%

Hospital Charges0.0%

Parimutuels Tax0.0%

Royalties0.0%

Key Insights

1Total revenue increased by 120.8% from 2012 to 2022, representing a significant change in the state's financial position.
2Utility revenue growth was exceptional, with water up 150.6%, suggesting infrastructure expansion or rate adjustments.
3Population changed by 13.9%, while per-capita revenue changed by 93.8%.
4The state's fund balances decreased by 100%, suggesting financial challenges or major capital expenditures.

Generating Chart...

State Expense Analysis (Nevada: 2012 - 2022)

Total Expenditure Trends

Operating Expenditures▲ 197%

$3,487,891,000→$10,356,036,000

Per Capita Spending▲ 161%

$1,266→$3,300

Population Trends

Population Change▲ 13.9%

2,755,245 (2012)→3,138,259 (2022)

⚠️ Spending growth significantly outpacing population growth

Public Safety Expenses

Police Protection▲ 41%

$86,719,000 (2012)→$122,082,000 (2022)

Fire Protection▼ 0%

$0 (2012)→$0 (2022)

Infrastructure Expenses

Highways Maintenance▲ 23%

$215,153,000 (2012)→$263,603,000 (2022)

Sewerage Operations▼ 0%

$0 (2012)→$0 (2022)

Administrative Expenses

Financial Administration▲ 85%

$159,593,000 (2012)→$295,445,000 (2022)

General Expenses▲ 258%

$257,931,000 (2012)→$922,438,000 (2022)

Nevada Key Insights

1Per capita expenditures grew by 161%, indicating substantial service expansion or cost increases not explained by population growth alone
2General expenses increased dramatically by 258%, which may indicate classification changes, new initiatives, or reporting adjustments
3Financial Administration was the fastest growing major expense category at 85% increase

Generating Chart...

State Debt Analysis (2012-2022)

Debt Trends

Total Long-Term Debt▲ 22%

$3,085,712,000 (2012)→$3,756,918,000 (2022)

Industrial Revenue Debt▼ 100%

$811,006,000 (2012)→$0 (2022)

Per Capita Debt▲ 7%

$1,120 (2012)→$1,197 (2022)

Population Trends

Population Change▲ 13.9%

2,755,245 (2012)→3,138,259 (2022)

Debt Management

Most Recent Year (2022)

Issued:$561,187,000

Retired:$398,562,000

Net Change:+$162,625,000

Debt Retirement Trend

$601,632,000 → $398,562,000▼ 34%