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State Government Finances: 2001
(Amounts in thousands. Per capita amounts in dollars. Revised March 2004)
Item NORTH CAROLINA
   
Amount Percent Per Capita
     
Population (thousands, July 1, 2001) 8,206 (X) (X)
     
Total Revenue 32,202,748 100.00 3,924.29
     
   General revenue 29,391,844 91.27 3,581.75
      Intergovernmental revenue 9,546,520 29.65 1,163.36
      Taxes 15,599,964 48.44 1,901.04
         General sales 3,456,078 10.73 421.16
         Selective sales 2,758,881 8.57 336.20
         License taxes 955,966 2.97 116.50
         Individual income tax 7,526,282 23.37 917.17
         Corporate income tax 723,635 2.25 88.18
         Other taxes 179,122 0.56 21.83
     
      Current charges 2,638,604 8.19 321.55
      Miscellaneous general revenue 1,606,756 4.99 195.80
   Utility revenue 0 0.00 0.00
   Liquor store revenue 0 0.00 0.00
   Insurance trust revenue 2,810,904 8.73 342.54
     
Total expenditure 31,626,851 100.00 3,854.11
   Intergovernmental expenditure 9,309,537 29.44 1,134.48
   Direct expenditure 22,317,314 70.56 2,719.63
      Current operation 16,106,909 50.93 1,962.82
      Capital outlay 2,353,370 7.44 286.79
      Insurance benefits and repayments 2,766,587 8.75 337.14
      Assistance and subsidies 532,044 1.68 64.84
      Interest on debt 558,404 1.77 68.05
Exhibit: Salaries and wages 5,013,082 15.85 610.90
     
Total expenditure 31,626,851 100.00 3,854.11
   General expenditure 28,860,264 91.25 3,516.97
      Intergovernmental expenditure 9,309,537 29.44 1,134.48
      Direct expenditure 19,550,727 61.82 2,382.49
     
   General expenditures, by function    
      Education 11,960,237 37.82 1,457.50
      Public welfare 6,202,780 19.61 755.88
      Hospitals 1,266,440 4.00 154.33
      Health 922,880 2.92 112.46
      Highways 2,513,413 7.95 306.29
     
      Police protection 338,731 1.07 41.28
      Correction 937,572 2.96 114.25
      Natural resources 623,002 1.97 75.92
      Parks and recreation 158,100 0.50 19.27
      Government administration 853,751 2.70 104.04
     
      Interest on general debt 558,404 1.77 68.05
      Other and unallocable 2,524,954 7.98 307.70
     
   Utility expenditure 0 0.00 0.00
   Liquor store expenditure 0 0.00 0.00
   Insurance trust expenditure 2,766,587 8.75 337.14
     
Debt at end of fiscal year 9,998,034 100.00 1,218.38
     
Cash and security holdings 73,324,695 100.00 8,935.50
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