| State
Government Finances: 2003 |
|
|
| (Dollar amounts in
thousands. Per capita amounts in dollars) |
| Item |
MASSACHUSETTS |
| Amount |
Per Capita |
| |
|
|
| Population (thousands, 2003) |
6,420 |
X |
| |
|
|
| Total Revenue |
30,371,289 |
4,730.73 |
| |
|
|
| General revenue |
27,012,438 |
4,207.54 |
| Intergovernmental revenue |
5,130,127 |
799.09 |
| Taxes |
15,608,027 |
2,431.16 |
| General sales |
3,708,069 |
577.58 |
| Selective sales |
1,702,851 |
265.24 |
| License taxes |
597,079 |
93.00 |
| Individual income tax |
8,026,149 |
1,250.18 |
| Corporate income tax |
1,184,610 |
184.52 |
| Other taxes |
389,269 |
60.63 |
| |
|
|
| Current charges |
2,191,938 |
341.42 |
| Miscellaneous general revenue |
4,082,346 |
635.88 |
| Utility revenue |
120,740 |
18.81 |
| Liquor store revenue |
- |
- |
| Insurance trust revenue |
3,238,111 |
504.38 |
| |
|
|
| Total expenditure |
32,710,435 |
5,095.08 |
| Intergovernmental expenditure |
6,435,841 |
1,002.47 |
| Direct expenditure |
26,274,594 |
4,092.62 |
| Current operation |
15,374,587 |
2,394.80 |
| Capital outlay |
3,218,802 |
501.37 |
| Insurance benefits and repayments |
4,551,161 |
708.90 |
| Assistance and subsidies |
599,566 |
93.39 |
| Interest on debt |
2,530,478 |
394.16 |
| Exhibit: Salaries and wages |
4,143,111 |
645.34 |
| |
|
|
| Total expenditure |
32,710,435 |
5,095.08 |
| General expenditure |
27,870,663 |
4,341.22 |
| Intergovernmental expenditure |
6,435,841 |
1,002.47 |
| Direct expenditure |
21,434,822 |
3,338.76 |
| |
|
|
| General expenditures, by function |
|
|
| Education |
6,774,160 |
1,055.17 |
| Public welfare |
5,292,878 |
824.44 |
| Hospitals |
507,129 |
78.99 |
| Health |
1,878,337 |
292.58 |
| Highways |
2,429,436 |
378.42 |
| |
|
|
| Police protection |
424,923 |
66.19 |
| Correction |
1,049,512 |
163.48 |
| Natural resources |
266,116 |
41.45 |
| Parks and recreation |
342,004 |
53.27 |
| Government administration |
1,290,558 |
201.02 |
| |
|
|
| Interest on general debt |
2,476,785 |
385.79 |
| Other and unallocable |
5,138,825 |
800.44 |
| |
|
|
| Utility expenditure |
288,611 |
44.95 |
| Liquor store expenditure |
- |
- |
| Insurance trust expenditure |
4,551,161 |
708.90 |
| |
|
|
| Debt at end of fiscal year |
48,478,722 |
7,551.20 |
| |
|
|
| Cash and security holdings |
59,207,225 |
9,222.31 |
|
|
|
| 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