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State Government Finances: 2003
(Dollar amounts in thousands. Per capita amounts in dollars)    
Item COLORADO
Amount Per Capita
   
Population (thousands, 2003) 4,548  X 
   
Total Revenue                   13,805,946                       3,035.61
   
   General revenue                   13,998,588                       3,077.97
      Intergovernmental revenue                     4,178,537                          918.76
      Taxes                     6,636,190                       1,459.14
         General sales                     1,833,200                          403.08
         Selective sales                        960,701                          211.24
         License taxes                        315,096                           69.28
         Individual income tax                     3,235,796                          711.48
         Corporate income tax                        199,853                           43.94
         Other taxes                          91,544                           20.13
   
      Current charges                     1,736,445                          381.80
      Miscellaneous general revenue                     1,447,416                          318.25
   Utility revenue                           8,907                             1.96
   Liquor store revenue                                  -                                  -
   Insurance trust revenue                       -201,549                          -44.32
   
Total expenditure                   17,690,925                       3,889.83
   Intergovernmental expenditure                     4,666,350                       1,026.02
   Direct expenditure                   13,024,575                       2,863.80
      Current operation                     8,333,398                       1,832.32
      Capital outlay                     1,209,265                          265.89
      Insurance benefits and repayments                     2,886,777                          634.74
      Assistance and subsidies                        170,852                           37.57
      Interest on debt                        424,283                           93.29
Exhibit: Salaries and wages                     2,841,045                          624.68
   
Total expenditure                   17,690,925                       3,889.83
   General expenditure                   14,792,539                       3,252.54
      Intergovernmental expenditure                     4,666,350                       1,026.02
      Direct expenditure                   10,126,189                       2,226.51
   
   General expenditures, by function  
      Education                     6,133,704                       1,348.66
      Public welfare                     3,442,625                          756.95
      Hospitals                        297,784                           65.48
      Health                        708,767                          155.84
      Highways                     1,378,238                          303.04
   
      Police protection                        105,653                           23.23
      Correction                        723,572                          159.10
      Natural resources                        198,642                           43.68
      Parks and recreation                          72,418                           15.92
      Government administration                        457,652                          100.63
   
      Interest on general debt                        418,356                           91.99
      Other and unallocable                        855,128                          188.02
   
   Utility expenditure                          11,609                             2.55
   Liquor store expenditure                                  -                                  -
   Insurance trust expenditure                     2,886,777                          634.74
   
Debt at end of fiscal year                     8,921,416                       1,961.61
   
Cash and security holdings                   39,820,285                       8,755.56
Abbreviations and symbols:  -  zero or rounds to zero;  (NA)   not available;  X   not applicable
2003 Population source: Table NST-EST2004-01 - Annual State Population Estimates:  July 1, 2004,  Population Division, U.S. Census Bureau,
   released December 22, 2004.
Created: April 04 2005
Last Revised: May 14 2010