Seal of Nevada Nevada

Nevada has a statutory spending limit, Nevada Revised Statutes 353.213. Enacted in 1975, it limits general fund expenditures, creating a base year of FY 1974 and letting the limit grow from the sum of the base year and inflation plus population growth. This limit exempts construction spending and public retirement fund spending. Because this limit is statutory, it can be overridden by supermajority vote.

Nevada state constitution requires a supermajority vote in the legislature to raise taxes, Article IV Section 18(2), passed by citizen initiative in 1996.

 
The base year represents the year the hypothetical Taxpayer's Bill of Rights (TABOR) would have been enacted. Selecting a base year changes how the state’s TABOR is calculated because the annual growth rates of inflation and population change depending on when TABOR is enacted.
  • Year Inflation-adjusted Actual Spending
    1992 2,712,382,780
    1993 3,603,556,962
    1994 5,326,064,964
    1995 5,254,777,316
    1996 6,972,107,879
    1997 9,286,891,347
    1998 8,580,663,486
    1999 10,016,250,540
    2000 5,564,752,158
    2001 5,604,713,445
    2002 6,298,665,021
    2003 6,486,387,599
    2004 7,138,483,469
    2005 7,367,575,643
    2006 8,009,027,776
    2007 7,047,595,205
    2008 9,707,829,352
    2009 9,091,981,569
    2010 7,040,985,020
    2011 7,357,416,911
    2012 6,221,072,718
    2013 7,093,596,584
    2014 7,834,447,385
    2015 9,411,326,236
    2016 9,761,285,073
    2017 11,048,442,210
    2018 11,260,490,610
    2019 12,172,838,950
    2020 11,318,694,440
    2021 10,851,446,220
    2022 12,347,000,000
*All spending figures are in inflation-adjusted 2022 dollars.