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State Government Finances: 2001
(Amounts in thousands. Per capita amounts in dollars. Revised March 2004)
Item IOWA
   
Amount Percent Per Capita
     
Population (thousands, July 1, 2001) 2,932 (X) (X)
     
Total Revenue 10,255,453 100.00 3,497.77
     
   General revenue 10,329,425 100.72 3,523.00
      Intergovernmental revenue 2,892,204 28.20 986.43
      Taxes 5,158,780 50.30 1,759.47
         General sales 1,756,167 17.12 598.97
         Selective sales 753,558 7.35 257.01
         License taxes 496,498 4.84 169.34
         Individual income tax 1,888,847 18.42 644.22
         Corporate income tax 166,745 1.63 56.87
         Other taxes 96,965 0.95 33.07
     
      Current charges 1,373,551 13.39 468.47
      Miscellaneous general revenue 904,890 8.82 308.63
   Utility revenue 0 0.00 0.00
   Liquor store revenue 112,227 1.09 38.28
   Insurance trust revenue -186,199 -1.82 -63.51
     
Total expenditure 12,271,461 100.00 4,185.36
   Intergovernmental expenditure 3,284,057 26.76 1,120.07
   Direct expenditure 8,987,404 73.24 3,065.28
      Current operation 6,627,242 54.01 2,260.31
      Capital outlay 971,304 7.92 331.28
      Insurance benefits and repayments 994,426 8.10 339.16
      Assistance and subsidies 260,648 2.12 88.90
      Interest on debt 133,784 1.09 45.63
Exhibit: Salaries and wages 2,588,195 21.09 882.74
     
Total expenditure 12,271,461 100.00 4,185.36
   General expenditure 11,198,506 91.26 3,819.41
      Intergovernmental expenditure 3,284,057 26.76 1,120.07
      Direct expenditure 7,914,449 64.49 2,699.33
     
   General expenditures, by function    
      Education 4,397,048 35.83 1,499.68
      Public welfare 2,593,005 21.13 884.38
      Hospitals 726,692 5.92 247.85
      Health 223,521 1.82 76.23
      Highways 1,331,514 10.85 454.13
     
      Police protection 84,809 0.69 28.93
      Correction 291,914 2.38 99.56
      Natural resources 291,401 2.37 99.39
      Parks and recreation 26,741 0.22 9.12
      Government administration 461,390 3.76 157.36
     
      Interest on general debt 133,784 1.09 45.63
      Other and unallocable 636,687 5.19 217.15
     
   Utility expenditure 0 0.00 0.00
   Liquor store expenditure 78,529 0.64 26.78
   Insurance trust expenditure 994,426 8.10 339.16
     
Debt at end of fiscal year 2,542,400 100.00 867.12
     
Cash and security holdings 23,064,143 100.00 7,866.35
Abbreviations and symbols:  -  zero or rounds to zero;  (NA)   not available;  (X)   not applicable
Population source: Table ST-EST2002-01 - State Population Estimates: April 1, 2000 to July 1, 2002,  Population Division,
U.S. Census Bureau, released December 20, 2002.
Created: March 19 2004
Last Revised: May 14 2010