Nevada’s budget operates on a two-year cycle or biennium, which encompasses two fiscal years. Legislators approve budget bills to finance the operations of the state in advance of the first fiscal year of the biennium.The current 2025-2027 biennium covers two fiscal years: Fiscal Year (FY) 2026, which began on July 1, 2025, and goes through June 30, 2026, and FY 2027, which begins on July 1, 2026, and ends on June 30, 2027. This data snapshot provides a broad perspective on the Legislatively Approved Budget for the 2025-2027 biennium. It is primarily a visualization that examines revenues and expenditures and situates the budget in historical context.