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State Government Finances: 2003
(Dollar amounts in thousands. Per capita amounts in dollars)
Item MARYLAND
Amount Per Capita
   
Population (thousands, 2003) 5,512  X 
   
Total Revenue                   21,801,442                       3,955.27
   
   General revenue                   20,538,540                       3,726.15
      Intergovernmental revenue                     5,829,817                       1,057.66
      Taxes                   10,980,324                       1,992.08
         General sales                     2,720,162                          493.50
         Selective sales                     2,144,312                          389.03
         License taxes                        440,705                           79.95
         Individual income tax                     4,681,860                          849.39
         Corporate income tax                        379,020                           68.76
         Other taxes                        614,265                          111.44
   
      Current charges                     2,102,109                          381.37
      Miscellaneous general revenue                     1,626,290                          295.05
   Utility revenue                          97,540                           17.70
   Liquor store revenue                                  -                                  -
   Insurance trust revenue                     1,165,362                          211.42
   
Total expenditure                   24,592,128                       4,461.56
   Intergovernmental expenditure                     5,358,342                          972.12
   Direct expenditure                   19,233,786                       3,489.44
      Current operation                   13,588,358                       2,465.23
      Capital outlay                     1,801,019                          326.75
      Insurance benefits and repayments                     2,316,275                          420.22
      Assistance and subsidies                        668,085                          121.21
      Interest on debt                        860,049                          156.03
Exhibit: Salaries and wages                     4,072,059                          738.76
   
Total expenditure                   24,592,128                       4,461.56
   General expenditure                   21,789,034                       3,953.02
      Intergovernmental expenditure                     5,358,342                          972.12
      Direct expenditure                   16,430,692                       2,980.89
   
   General expenditures, by function  
      Education                     7,271,618                       1,319.23
      Public welfare                     5,051,914                          916.53
      Hospitals                        411,021                           74.57
      Health                     1,507,476                          273.49
      Highways                     1,715,935                          311.31
   
      Police protection                        397,090                           72.04
      Correction                     1,050,389                          190.56
      Natural resources                        429,907                           77.99
      Parks and recreation                        271,547                           49.26
      Government administration                        819,463                          148.67
   
      Interest on general debt                        860,049                          156.03
      Other and unallocable                     2,002,625                          363.32
   
   Utility expenditure                        486,819                           88.32
   Liquor store expenditure                                  -                                  -
   Insurance trust expenditure                     2,316,275                          420.22
   
Debt at end of fiscal year                   12,950,949                       2,349.59
   
Cash and security holdings                   40,693,869                       7,382.78
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