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State Government Finances: 2003
(Dollar amounts in thousands. Per capita amounts in dollars)
Item MICHIGAN
Amount Per Capita
   
Population (thousands, 2003) 10,082  X 
   
Total Revenue                   50,076,603                       4,966.93
   
   General revenue                   43,010,240                       4,266.04
      Intergovernmental revenue                   12,221,555                       1,212.22
      Taxes                   22,748,159                       2,256.31
         General sales                     7,685,308                          762.28
         Selective sales                     2,508,924                          248.85
         License taxes                     1,339,579                          132.87
         Individual income tax                     6,519,643                          646.66
         Corporate income tax                     1,843,072                          182.81
         Other taxes                     2,851,633                          282.84
   
      Current charges                     5,218,416                          517.60
      Miscellaneous general revenue                     2,822,110                          279.92
   Utility revenue                                  -                                  -
   Liquor store revenue                        638,170                           63.30
   Insurance trust revenue                     6,428,193                          637.59
   
Total expenditure                   51,016,280                       5,060.13
   Intergovernmental expenditure                   19,851,778                       1,969.03
   Direct expenditure                   31,164,502                       3,091.10
      Current operation                   21,540,679                       2,136.55
      Capital outlay                     1,828,224                          181.34
      Insurance benefits and repayments                     5,973,023                          592.44
      Assistance and subsidies                        777,955                           77.16
      Interest on debt                     1,044,621                          103.61
Exhibit: Salaries and wages                     6,745,547                          669.07
   
Total expenditure                   51,016,280                       5,060.13
   General expenditure                   44,522,173                       4,416.01
      Intergovernmental expenditure                   19,851,778                       1,969.03
      Direct expenditure                   24,670,395                       2,446.97
   
   General expenditures, by function  
      Education                   19,262,143                       1,910.55
      Public welfare                     9,138,181                          906.39
      Hospitals                     1,672,783                          165.92
      Health                     3,748,496                          371.80
      Highways                     2,786,999                          276.43
   
      Police protection                        320,612                           31.80
      Correction                     1,678,957                          166.53
      Natural resources                        489,925                           48.59
      Parks and recreation                        137,989                           13.69
      Government administration                        910,980                           90.36
   
      Interest on general debt                     1,044,621                          103.61
      Other and unallocable                     3,330,487                          330.34
   
   Utility expenditure                                  -                                  -
   Liquor store expenditure                        521,084                           51.68
   Insurance trust expenditure                     5,973,023                          592.44
   
Debt at end of fiscal year                   22,478,857                       2,229.60
   
Cash and security holdings                   65,431,886                       6,489.97
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