Dollars Received by the State of Nebraska
July 1, 2024 - June 30, 2025
In the fiscal year ended June 30, 2025 the
State of Nebraska received over 41% of
its funding from various State taxes. The State's largest source of tax revenue was from income taxes and sales and use taxes.
Property taxes are assessed and collected on the local level by counties, cities and school districts. The State of Nebraska does not collect
or receive property tax revenue.
In the fiscal year ended June 30, 2025 the State of
Nebraska received over 38% of its funding from the Federal Government
in the form of grants and contracts. These funds were used for a variety of functions such as Medicaid, road construction, and measures of public
safety and awareness.
This information includes only State Governmental fund type receipts and does not include the other State fund types (Proprietary and Fiduciary Funds),
the University of Nebraska receipts or the State Colleges receipts.
Income tax
$ 3,099,106,000
18.19%
Sales and Use tax
$ 3,140,389,000
18.43%
Petroleum tax
$ 444,788,000
2.61%
Excise tax
$ 180,849,000
1.06%
Business and Franchise tax
$ 175,898,000
1.03%
Other taxes
$ 18,238,000
0.11%
Federal Grants and Contracts
$ 6,549,567,000
38.44%
Licenses, Fees and Permits
$ 507,457,000
2.98%
Charges for Services
$ 119,636,000
0.70%
Investment Income
$ 744,214,000
4.37%
Rents and Royalties
$ 299,587,000
1.76%
Other revenue
$ 1,760,466,000
10.33%
Total
$17,040,195,000