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State Government Finances: 2001
(Amounts in thousands. Per capita amounts in dollars. Revised March 2004)
Item VIRGINIA
   
Amount Percent Per Capita
     
Population (thousands, July 1, 2001) 7,197 (X) (X)
     
Total Revenue 22,760,130 100.00 3,162.45
     
   General revenue 24,193,607 106.30 3,361.62
      Intergovernmental revenue 4,857,443 21.34 674.93
      Taxes 13,085,329 57.49 1,818.16
         General sales 2,642,751 11.61 367.20
         Selective sales 1,933,143 8.49 268.60
         License taxes 535,503 2.35 74.41
         Individual income tax 7,226,402 31.75 1,004.09
         Corporate income tax 363,757 1.60 50.54
         Other taxes 383,773 1.69 53.32
     
      Current charges 3,523,347 15.48 489.56
      Miscellaneous general revenue 2,727,488 11.98 378.98
   Utility revenue 0 0.00 0.00
   Liquor store revenue 319,363 1.40 44.37
   Insurance trust revenue -1,752,840 -7.70 -243.55
     
Total expenditure 26,786,593 100.00 3,721.91
   Intergovernmental expenditure 7,869,121 29.38 1,093.39
   Direct expenditure 18,917,472 70.62 2,628.52
      Current operation 13,629,113 50.88 1,893.72
      Capital outlay 1,955,676 7.30 271.73
      Insurance benefits and repayments 1,603,291 5.99 222.77
      Assistance and subsidies 880,925 3.29 122.40
      Interest on debt 848,467 3.17 117.89
Exhibit: Salaries and wages 4,508,433 16.83 626.43
     
Total expenditure 26,786,593 100.00 3,721.91
   General expenditure 24,869,440 92.84 3,455.53
      Intergovernmental expenditure 7,869,121 29.38 1,093.39
      Direct expenditure 17,000,319 63.47 2,362.14
     
   General expenditures, by function    
      Education 9,385,965 35.04 1,304.15
      Public welfare 4,401,313 16.43 611.55
      Hospitals 1,667,367 6.22 231.68
      Health 706,790 2.64 98.21
      Highways 2,616,685 9.77 363.58
     
      Police protection 544,706 2.03 75.69
      Correction 1,247,296 4.66 173.31
      Natural resources 216,844 0.81 30.13
      Parks and recreation 120,544 0.45 16.75
      Government administration 1,061,261 3.96 147.46
     
      Interest on general debt 848,467 3.17 117.89
      Other and unallocable 2,052,202 7.66 285.15
     
   Utility expenditure 25,743 0.10 3.58
   Liquor store expenditure 288,119 1.08 40.03
   Insurance trust expenditure 1,603,291 5.99 222.77
     
Debt at end of fiscal year 12,963,092 100.00 1,801.18
     
Cash and security holdings 55,169,437 100.00 7,665.62
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