Nevada Fiscal Statistics

StatisNostics/State Financials/Nevada

Historical State Finances

Nevada

$10.00K$10.00K$8.00K$8.00K$6.00K$6.00K$4.00K$4.00K$2.00K$2.00K$0.00$0.0020122012201320132014201420152015201620162017201720182018201920192020202020212021
Spending Per Capita - Nevada
Debt Per Capita - Nevada
Revenue Per Capita - Nevada

Filter Data by Year

20122021

Revenue Data

Alcoholic Beverage Sales Tax

$46.0M$46.0M$45.0M$45.0M$44.0M$44.0M$43.0M$43.0M$42.0M$42.0M$41.0M$41.0M$40.0M$40.0M201220122012201220122012201320132013201320142014201520152015201520162016201620162016201620172017201820182018201820192019201920192020202020202020

State Revenue Analysis (Nevada: 2012ā€“2021)

Population: 2,755,245 ā†’ 3,080,156 (11.8% change)

Overall Revenue Trends

Total Revenueā–² 64.8%
$11,687,021,000 (2012)ā†’$19,264,728,000 (2021)
Per Capita Revenueā–² 47.4%
$4,242 (2012)ā†’$6,254 (2021)
Fund Balancesā–² 175.3%
$3,401,481,000 (2012)ā†’$9,363,532,000 (2021)
Revenue Volatilityāœ“ Low
Avg. fluctuation: 6.9%

Major Tax Revenue

Property Taxā–² 64.8%
$234,522,000 (2012)ā†’$386,450,000 (2021)
Sales Taxā–² 80%
$3,433,958,000 (2012)ā†’$6,179,597,000 (2021)

Utility Revenue

Water Utilitiesā–² 121%
$1,169,000 (2012)ā†’$2,584,000 (2021)

Growth Analysis

Fastest Growing Revenue Sources

Federal Intergovernmental Health & Hospitalsā–² 600.2%
$142,542,000ā†’$998,067,000
Local Intergovernmental Health & Hospitalsā–² 284.0%
$6,556,000ā†’$25,173,000
Housing & Community Development Chargesā–² 218.4%
$3,407,000ā†’$10,849,000

Declining/Slowest Growing Sources

Royaltiesā–¼ 100.0%
$2,625,000ā†’$1,000
Hospital Chargesā–¼ 91.5%
$3,393,000ā†’$289,000
Local Intergovernmental Educationā–¼ 81.2%
$24,832,000ā†’$4,679,000

Revenue Forecast

Projected Revenue (Next Year)ā–² 5%
Estimated: $20,233,512,070
Based on 3-year revenue trend

Revenue Composition

2012 Revenue Sources

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%

2021 Revenue Sources

Total General Sales Taxes32.1%
Federal Intergovernmental Public Welfare18.6%
Federal Intergovernmental Health & Hospitals5.2%
Amusement Tax4.0%
Federal Intergovernmental Education3.7%
Taxes Not Elsewhere Classified3.1%
Unemployment - Contribution2.9%
Insurance Premium Tax2.5%
Higher Education Tuition Charges2.5%
Property Tax2.0%
Motor Fuels Sales Tax1.8%
Federal Intergovernmental Highways1.8%
Other Selective Sales Taxes1.8%
Miscellaneous General Revenue Not Elsewhere Classified1.7%
Federal Intergovernmental General Support1.6%
Federal Intergovernmental Other1.6%
Interest Earnings1.5%
Severance Tax1.4%
All Other Not Elsewhere Classified Charges1.4%
Occupation & Business License Not Elsewhere Classified1.2%
Motor Vehicle License1.1%
Tobacco Sales Tax1.0%
Documentary & Stock Transfer Tax0.7%
Local Intergovernmental Public Welfare0.7%
Donations From Private Sources0.5%
Corporation License Tax0.5%
Federal Intergovernmental Employment Security Administration0.4%
Fines & Forfeits0.3%
Federal Intergovernmental Other Natural Resources0.2%
Alcoholic Beverage Sales Tax0.2%
Higher Education Auxiliary Charges0.2%
Public Utilities Tax0.2%
Electric Utilities Revenue0.2%
Amusement License Tax0.2%
Motor Vehicle Operators License0.2%
Local Intergovernmental Health & Hospitals0.1%
Natural Resources Not Elsewhere Classified Charges0.1%
Local Intergovernmental Other0.1%
Federal Intergovernmental Water Utilities0.1%
Hunting & Fishing License0.1%
Sale of Property0.1%
Federal Intergovernmental Housing & Community Development0.1%
Housing & Community Development Charges0.1%
Parks & Recreation Charges0.0%
Other License Tax0.0%
Federal Intergovernmental Sewerage0.0%
Local Intergovernmental Education0.0%
Regular Highway Charges0.0%
Special Assessments0.0%
Unemployment - Interest Revenue0.0%
Water Utilities Revenue0.0%
Education Other State Charges Not Elsewhere Classified0.0%
Hospital Charges0.0%
Royalties0.0%

Key Insights

  1. 1Total revenue increased by 64.8% from 2012 to 2021, representing a significant change in the state's financial position.
  2. 2Utility revenue growth was exceptional, with water up 121.0%, suggesting infrastructure expansion or rate adjustments.
  3. 3Population changed by 11.8%, while per-capita revenue changed by 47.4%.
  4. 4The state's fund balances increased by 175.3%, suggesting improved fiscal health.

Expense Data

Central Staff - Construction

$1.00K$1.00K$800.00$800.00$600.00$600.00$400.00$400.00$200.00$200.00$0.00$0.00201220122012201220122012201320132013201320142014201520152015201520162016201620162016201620172017201820182018201820192019201920192020202020202020

State Expense Analysis (Nevada: 2012 - 2021)

Total Expenditure Trends

Operating Expendituresā–² 36%
$3,487,891,000ā†’$4,726,117,000
Per Capita Spendingā–² 21%
$1,266ā†’$1,534

Population Trends

Population Changeā–² 11.8%
2,755,245 (2012)ā†’3,080,156 (2021)

Public Safety Expenses

Police Protectionā–² 14%
$0 (2012)ā†’$0 (2021)
Fire Protectionā–¼ 0%
$0 (2012)ā†’$0 (2021)

Infrastructure Expenses

Highways Maintenanceā–² 16%
$0 (2012)ā†’$0 (2021)
Sewerage Operationsā–¼ 0%
$0 (2012)ā†’$0 (2021)

Administrative Expenses

Financial Administrationā–² 71%
$0 (2012)ā†’$0 (2021)
General Expensesā–² 44%
$0 (2012)ā†’$0 (2021)

Debt Data

Beginning Long-Term Debt Outstanding - Non-Guaranteed Public Debt for Private Purpose

$1000.0M$1000.0M$900.0M$900.0M$800.0M$800.0M$700.0M$700.0M$600.0M$600.0M$500.0M$500.0M201220122012201220122012201320132013201320142014201520152015201520162016201620162016201620172017201820182018201820192019201920192020202020202020

State Debt Analysis (2012-2021)

Debt Trends

Total Long-Term Debtā–¼ 11%
$3,085,712,000 (2012)ā†’$2,742,212,000 (2021)
Industrial Revenue Debtā–² 5%
$811,006,000 (2012)ā†’$851,767,000 (2021)
Per Capita Debtā–¼ 21%
$1,120 (2012)ā†’$890 (2021)

Population Trends

Population Changeā–² 11.8%
2,755,245 (2012)ā†’3,080,156 (2021)

Debt Management

Most Recent Year (2021)

Issued:$284,765,000
Retired:$293,002,000
Net Change:$-8,237,000

Debt Retirement Trend

$601,632,000 ā†’ $293,002,000ā–¼ 51%
šŸ”„ Significant change in retirement strategy detected

Key Insights

  1. 1There appears to be a significant shift in debt management strategy between 2012-2021, with a move toward lower debt levels.