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State Government Finances: 2001
(Amounts in thousands. Per capita amounts in dollars. Revised March 2004)
Item NEW MEXICO
   
Amount Percent Per Capita
     
Population (thousands, July 1, 2001) 1,831 (X) (X)
     
Total Revenue 9,099,224 100.00 4,969.54
     
   General revenue 8,753,051 96.20 4,780.48
      Intergovernmental revenue 2,452,808 26.96 1,339.60
      Taxes 4,002,246 43.98 2,185.83
         General sales 1,620,362 17.81 884.96
         Selective sales 462,834 5.09 252.78
         License taxes 159,678 1.75 87.21
         Individual income tax 830,006 9.12 453.31
         Corporate income tax 190,673 2.10 104.14
         Other taxes 738,693 8.12 403.44
     
      Current charges 761,532 8.37 415.91
      Miscellaneous general revenue 1,536,465 16.89 839.14
   Utility revenue 0 0.00 0.00
   Liquor store revenue 0 0.00 0.00
   Insurance trust revenue 346,173 3.80 189.06
     
Total expenditure 9,173,756 100.00 5,010.24
   Intergovernmental expenditure 2,561,979 27.93 1,399.22
   Direct expenditure 6,611,777 72.07 3,611.02
      Current operation 4,866,127 53.04 2,657.63
      Capital outlay 501,005 5.46 273.62
      Insurance benefits and repayments 774,518 8.44 423.00
      Assistance and subsidies 279,922 3.05 152.88
      Interest on debt 190,205 2.07 103.88
Exhibit: Salaries and wages 1,370,027 14.93 748.24
     
Total expenditure 9,173,756 100.00 5,010.24
   General expenditure 8,399,238 91.56 4,587.24
      Intergovernmental expenditure 2,561,979 27.93 1,399.22
      Direct expenditure 5,837,259 63.63 3,188.02
     
   General expenditures, by function    
      Education 3,261,752 35.56 1,781.40
      Public welfare 1,745,521 19.03 953.32
      Hospitals 368,272 4.01 201.13
      Health 323,794 3.53 176.84
      Highways 849,800 9.26 464.12
     
      Police protection 86,949 0.95 47.49
      Correction 223,023 2.43 121.80
      Natural resources 130,651 1.42 71.35
      Parks and recreation 45,940 0.50 25.09
      Government administration 335,880 3.66 183.44
     
      Interest on general debt 190,205 2.07 103.88
      Other and unallocable 837,451 9.13 457.37
     
   Utility expenditure 0 0.00 0.00
   Liquor store expenditure 0 0.00 0.00
   Insurance trust expenditure 774,518 8.44 423.00
     
Debt at end of fiscal year 4,304,803 100.00 2,351.07
     
Cash and security holdings 33,072,291 100.00 18,062.42
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