| State
Government Finances: 2001 |
|
|
|
| (Amounts in
thousands. Per capita amounts in dollars. Revised March 2003) |
| Item |
MASSACHUSETTS |
| |
|
|
| Amount |
Percent |
Per Capita |
| |
|
|
|
| Population (thousands, July
1, 2001) |
6,401 |
(X) |
(X) |
| |
|
|
|
| Total Revenue |
29,303,913 |
100.00 |
4,578.02 |
| |
|
|
|
| General revenue |
29,287,698 |
99.94 |
4,575.49 |
| Intergovernmental revenue |
6,096,675 |
20.80 |
952.46 |
| Taxes |
17,225,270 |
58.78 |
2,691.03 |
| General sales |
3,755,838 |
12.82 |
586.76 |
| Selective sales |
1,504,410 |
5.13 |
235.03 |
| License taxes |
496,082 |
1.69 |
77.50 |
| Individual income tax |
9,902,677 |
33.79 |
1,547.05 |
| Corporate income tax |
1,211,584 |
4.13 |
189.28 |
| Other taxes |
354,679 |
1.21 |
55.41 |
| |
|
|
|
| Current charges |
1,925,562 |
6.57 |
300.82 |
| Miscellaneous general revenue |
4,040,191 |
13.79 |
631.18 |
| Utility revenue |
105,833 |
0.36 |
16.53 |
| Liquor store revenue |
0 |
0.00 |
0.00 |
| Insurance trust revenue |
-89,618 |
-0.31 |
-14.00 |
| |
|
|
|
| Total expenditure |
32,435,081 |
100.00 |
5,067.19 |
| Intergovernmental expenditure |
6,886,054 |
21.23 |
1,075.78 |
| Direct expenditure |
25,549,027 |
78.77 |
3,991.41 |
| Current operation |
16,651,682 |
51.34 |
2,601.42 |
| Capital outlay |
3,229,401 |
9.96 |
504.52 |
| Insurance benefits and repayments |
2,649,145 |
8.17 |
413.86 |
| Assistance and subsidies |
593,253 |
1.83 |
92.68 |
| Interest on debt |
2,425,546 |
7.48 |
378.93 |
| Exhibit: Salaries and wages |
4,158,099 |
12.82 |
649.60 |
| |
|
|
|
| Total expenditure |
32,435,081 |
100.00 |
5,067.19 |
| General expenditure |
29,487,838 |
90.91 |
4,606.75 |
| Intergovernmental expenditure |
6,886,054 |
21.23 |
1,075.78 |
| Direct expenditure |
22,601,784 |
69.68 |
3,530.98 |
| |
|
|
|
| General expenditures, by function |
|
|
|
| Education |
6,564,905 |
20.24 |
1,025.61 |
| Public welfare |
7,263,888 |
22.40 |
1,134.81 |
| Hospitals |
510,744 |
1.57 |
79.79 |
| Health |
1,811,736 |
5.59 |
283.04 |
| Highways |
2,561,542 |
7.90 |
400.18 |
| |
|
|
|
| Police protection |
327,536 |
1.01 |
51.17 |
| Correction |
1,033,143 |
3.19 |
161.40 |
| Natural resources |
296,254 |
0.91 |
46.28 |
| Parks and recreation |
267,457 |
0.82 |
41.78 |
| Government administration |
1,272,351 |
3.92 |
198.77 |
| |
|
|
|
| Interest on general debt |
2,371,876 |
7.31 |
370.55 |
| Other and unallocable |
5,206,406 |
16.05 |
813.37 |
| |
|
|
|
| Utility expenditure |
298,098 |
0.92 |
46.57 |
| Liquor store expenditure |
0 |
0.00 |
0.00 |
| Insurance trust expenditure |
2,649,145 |
8.17 |
413.86 |
| |
|
|
|
| Debt at end of fiscal year |
42,149,219 |
100.00 |
6,584.79 |
| |
|
|
|
| Cash and security holdings |
63,253,831 |
100.00 |
9,881.87 |
|
|
| 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