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State Government Finances: 2003
(Dollar amounts in thousands. Per capita amounts in dollars)
Item INDIANA
Amount Per Capita
   
Population (thousands, 2003) 6,200  X 
   
Total Revenue                   24,553,393                       3,960.22
   
   General revenue                   21,674,754                       3,495.93
      Intergovernmental revenue                     6,346,679                       1,023.66
      Taxes                   11,216,456                       1,809.11
         General sales                     4,210,262                          679.07
         Selective sales                     2,014,361                          324.90
         License taxes                        415,373                           67.00
         Individual income tax                     3,644,159                          587.77
         Corporate income tax                        729,164                          117.61
         Other taxes                        203,137                           32.76
   
      Current charges                     2,512,554                          405.25
      Miscellaneous general revenue                     1,599,065                          257.91
   Utility revenue                                  -                                  -
   Liquor store revenue                                  -                                  -
   Insurance trust revenue                     2,878,639                          464.30
   
Total expenditure                   23,089,940                       3,724.18
   Intergovernmental expenditure                     6,760,945                       1,090.48
   Direct expenditure                   16,328,995                       2,633.71
      Current operation                   12,176,868                       1,964.01
      Capital outlay                     1,534,104                          247.44
      Insurance benefits and repayments                     1,763,884                          284.50
      Assistance and subsidies                        406,708                           65.60
      Interest on debt                        447,431                           72.17
Exhibit: Salaries and wages                     3,335,114                          537.92
   
Total expenditure                   23,089,940                       3,724.18
   General expenditure                   21,295,408                       3,434.74
      Intergovernmental expenditure                     6,760,945                       1,090.48
      Direct expenditure                   14,534,463                       2,344.27
   
   General expenditures, by function  
      Education                     8,639,690                       1,393.50
      Public welfare                     5,377,805                          867.39
      Hospitals                        282,438                           45.55
      Health                        545,088                           87.92
      Highways                     1,712,840                          276.26
   
      Police protection                        196,066                           31.62
      Correction                        654,475                          105.56
      Natural resources                        277,385                           44.74
      Parks and recreation                          50,581                             8.16
      Government administration                        521,250                           84.07
   
      Interest on general debt                        447,431                           72.17
      Other and unallocable                     2,590,359                          417.80
   
   Utility expenditure                          30,648                             4.94
   Liquor store expenditure                                  -                                  -
   Insurance trust expenditure                     1,763,884                          284.50
   
Debt at end of fiscal year                   11,853,847                       1,911.91
   
Cash and security holdings                   33,490,856                       5,401.75
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