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State Government Finances: 2003
(Dollar amounts in thousands. Per capita amounts in dollars)    
Item GEORGIA
Amount Per Capita
   
Population (thousands, 2003) 8,676  X 
   
Total Revenue                   29,874,373                       3,443.33
   
   General revenue                   26,320,141                       3,033.67
      Intergovernmental revenue                     9,028,114                       1,040.58
      Taxes                   13,411,632                       1,545.83
         General sales                     4,770,869                          549.89
         Selective sales                     1,256,542                          144.83
         License taxes                        452,513                           52.16
         Individual income tax                     6,271,374                          722.84
         Corporate income tax                        484,139                           55.80
         Other taxes                        176,195                           20.31
   
      Current charges                     1,970,480                          227.12
      Miscellaneous general revenue                     1,909,915                          220.14
   Utility revenue                                  -                                  -
   Liquor store revenue                                  -                                  -
   Insurance trust revenue                     3,554,232                          409.66
   
Total expenditure                   32,526,824                       3,749.06
   Intergovernmental expenditure                     9,016,458                       1,039.24
   Direct expenditure                   23,510,366                       2,709.82
      Current operation                   16,188,708                       1,865.92
      Capital outlay                     2,752,260                          317.23
      Insurance benefits and repayments                     3,235,660                          372.94
      Assistance and subsidies                        903,832                          104.18
      Interest on debt                        429,906                           49.55
Exhibit: Salaries and wages                     4,072,334                          469.38
   
Total expenditure                   32,526,824                       3,749.06
   General expenditure                   29,291,099                       3,376.11
      Intergovernmental expenditure                     9,016,458                       1,039.24
      Direct expenditure                   20,274,641                       2,336.87
   
   General expenditures, by function  
      Education                   12,748,724                       1,469.42
      Public welfare                     8,059,442                          928.94
      Hospitals                        686,804                           79.16
      Health                        884,198                          101.91
      Highways                     1,842,562                          212.37
   
      Police protection                        263,366                           30.36
      Correction                     1,271,565                          146.56
      Natural resources                        498,380                           57.44
      Parks and recreation                        152,957                           17.63
      Government administration                        687,028                           79.19
   
      Interest on general debt                        429,906                           49.55
      Other and unallocable                     1,766,167                          203.57
   
   Utility expenditure                                65                               .01
   Liquor store expenditure                                  -                                  -
   Insurance trust expenditure                     3,235,660                          372.94
   
Debt at end of fiscal year                     8,890,184                       1,024.69
   
Cash and security holdings                   61,859,351                       7,129.94
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