| State
Government Finances: 2001 |
|
|
|
| (Amounts in
thousands. Per capita amounts in dollars. Revised March 2004) |
| Item |
NEW
JERSEY |
| |
|
|
| Amount |
Percent |
Per Capita |
| |
|
|
|
| Population (thousands, July
1, 2001) |
8,511 |
(X) |
(X) |
| |
|
|
|
| Total Revenue |
42,788,178 |
100.00 |
5,027.40 |
| |
|
|
|
| General revenue |
34,372,985 |
80.33 |
4,038.65 |
| Intergovernmental revenue |
8,595,009 |
20.09 |
1,009.87 |
| Taxes |
19,253,297 |
45.00 |
2,262.17 |
| General sales |
5,758,670 |
13.46 |
676.61 |
| Selective sales |
2,747,812 |
6.42 |
322.85 |
| License taxes |
853,324 |
1.99 |
100.26 |
| Individual income tax |
7,989,222 |
18.67 |
938.69 |
| Corporate income tax |
1,300,785 |
3.04 |
152.84 |
| Other taxes |
603,484 |
1.41 |
70.91 |
| |
|
|
|
| Current charges |
3,363,171 |
7.86 |
395.16 |
| Miscellaneous general revenue |
3,161,508 |
7.39 |
371.46 |
| Utility revenue |
525,640 |
1.23 |
61.76 |
| Liquor store revenue |
0 |
0.00 |
0.00 |
| Insurance trust revenue |
7,889,553 |
18.44 |
926.98 |
| |
|
|
|
| Total expenditure |
37,659,554 |
100.00 |
4,424.81 |
| Intergovernmental expenditure |
9,081,634 |
24.12 |
1,067.05 |
| Direct expenditure |
28,577,920 |
75.88 |
3,357.76 |
| Current operation |
18,702,534 |
49.66 |
2,197.45 |
| Capital outlay |
3,031,116 |
8.05 |
356.14 |
| Insurance benefits and repayments |
5,296,908 |
14.07 |
622.36 |
| Assistance and subsidies |
351,069 |
0.93 |
41.25 |
| Interest on debt |
1,196,293 |
3.18 |
140.56 |
| Exhibit: Salaries and wages |
5,330,587 |
14.15 |
626.32 |
| |
|
|
|
| Total expenditure |
37,659,554 |
100.00 |
4,424.81 |
| General expenditure |
30,476,649 |
80.93 |
3,580.85 |
| Intergovernmental expenditure |
9,081,634 |
24.12 |
1,067.05 |
| Direct expenditure |
21,395,015 |
56.81 |
2,513.81 |
| |
|
|
|
| General expenditures, by function |
|
|
|
| Education |
10,397,395 |
27.61 |
1,221.64 |
| Public welfare |
5,813,422 |
15.44 |
683.05 |
| Hospitals |
1,257,365 |
3.34 |
147.73 |
| Health |
905,061 |
2.40 |
106.34 |
| Highways |
2,176,802 |
5.78 |
255.76 |
| |
|
|
|
| Police protection |
404,771 |
1.07 |
47.56 |
| Correction |
1,206,768 |
3.20 |
141.79 |
| Natural resources |
352,582 |
0.94 |
41.43 |
| Parks and recreation |
430,370 |
1.14 |
50.57 |
| Government administration |
1,253,729 |
3.33 |
147.31 |
| |
|
|
|
| Interest on general debt |
1,189,192 |
3.16 |
139.72 |
| Other and unallocable |
5,089,192 |
13.51 |
597.95 |
| |
|
|
|
| Utility expenditure |
1,885,997 |
5.01 |
221.60 |
| Liquor store expenditure |
0 |
0.00 |
0.00 |
| Insurance trust expenditure |
5,296,908 |
14.07 |
622.36 |
| |
|
|
|
| Debt at end of fiscal year |
29,727,858 |
100.00 |
3,492.87 |
| |
|
|
|
| Cash and security holdings |
85,791,237 |
100.00 |
10,080.04 |
|
|
| 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