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State Government Finances: 2003
(Dollar amounts in thousands. Per capita amounts in dollars)
Item KENTUCKY
Amount Per Capita
   
Population (thousands, 2003) 4,118  X 
   
Total Revenue                   18,377,403                       4,462.70
   
   General revenue                   16,525,770                       4,013.06
      Intergovernmental revenue                     5,330,212                       1,294.37
      Taxes                     8,318,707                       2,020.08
         General sales                     2,387,206                          579.70
         Selective sales                     1,496,639                          363.44
         License taxes                        536,797                          130.35
         Individual income tax                     2,813,947                          683.33
         Corporate income tax                        369,572                           89.75
         Other taxes                        714,546                          173.52
   
      Current charges                     1,645,971                          399.70
      Miscellaneous general revenue                     1,230,880                          298.90
   Utility revenue                                  -                                  -
   Liquor store revenue                                  -                                  -
   Insurance trust revenue                     1,851,633                          449.64
   
Total expenditure                   19,116,816                       4,642.26
   Intergovernmental expenditure                     3,693,634                          896.95
   Direct expenditure                   15,423,182                       3,745.31
      Current operation                   10,564,278                       2,565.39
      Capital outlay                     1,706,778                          414.47
      Insurance benefits and repayments                     2,259,201                          548.62
      Assistance and subsidies                        456,684                          110.90
      Interest on debt                        436,241                          105.94
Exhibit: Salaries and wages                     3,034,764                          736.95
   
Total expenditure                   19,116,816                       4,642.26
   General expenditure                   16,857,615                       4,093.64
      Intergovernmental expenditure                     3,693,634                          896.95
      Direct expenditure                   13,163,981                       3,196.69
   
   General expenditures, by function  
      Education                     6,096,709                       1,480.50
      Public welfare                     4,964,095                       1,205.46
      Hospitals                        523,447                          127.11
      Health                        519,701                          126.20
      Highways                     1,816,167                          441.03
   
      Police protection                        188,584                           45.80
      Correction                        474,334                          115.19
      Natural resources                        316,167                           76.78
      Parks and recreation                        130,579                           31.71
      Government administration                        678,823                          164.84
   
      Interest on general debt                        436,241                          105.94
      Other and unallocable                        712,768                          173.09
   
   Utility expenditure                                  -                                  -
   Liquor store expenditure                                  -                                  -
   Insurance trust expenditure                     2,259,201                          548.62
   
Debt at end of fiscal year                     7,108,634                       1,726.23
   
Cash and security holdings                   32,921,671                       7,994.58
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