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State Government Finances: 2003
(Dollar amounts in thousands. Per capita amounts in dollars)
Item MINNESOTA
Amount Per Capita
   
Population (thousands, 2003) 5,064  X 
   
Total Revenue                   25,596,307                       5,054.56
   
   General revenue                   23,072,489                       4,556.18
      Intergovernmental revenue                     5,982,225                       1,181.32
      Taxes                   13,981,287                       2,760.92
         General sales                     3,903,717                          770.88
         Selective sales                     2,162,044                          426.94
         License taxes                        909,927                          179.69
         Individual income tax                     5,374,550                       1,061.33
         Corporate income tax                        596,584                          117.81
         Other taxes                     1,034,465                          204.28
   
      Current charges                     1,736,359                          342.88
      Miscellaneous general revenue                     1,372,618                          271.05
   Utility revenue                                  -                                  -
   Liquor store revenue                                  -                                  -
   Insurance trust revenue                     2,523,818                          498.38
   
Total expenditure                   28,898,514                       5,706.66
   Intergovernmental expenditure                     9,618,471                       1,899.38
   Direct expenditure                   19,280,043                       3,807.28
      Current operation                   13,352,931                       2,636.83
      Capital outlay                     1,374,433                          271.41
      Insurance benefits and repayments                     3,403,050                          672.01
      Assistance and subsidies                        763,675                          150.80
      Interest on debt                        385,954                           76.22
Exhibit: Salaries and wages                     3,938,713                          777.79
   
Total expenditure                   28,898,514                       5,706.66
   General expenditure                   25,383,926                       5,012.62
      Intergovernmental expenditure                     9,618,471                       1,899.38
      Direct expenditure                   15,765,455                       3,113.24
   
   General expenditures, by function  
      Education                     9,727,645                       1,920.94
      Public welfare                     7,890,539                       1,558.16
      Hospitals                        204,374                           40.36
      Health                        560,327                          110.65
      Highways                     1,839,550                          363.26
   
      Police protection                        225,726                           44.57
      Correction                        403,527                           79.69
      Natural resources                        531,913                          105.04
      Parks and recreation                        130,431                           25.76
      Government administration                        664,777                          131.28
   
      Interest on general debt                        385,954                           76.22
      Other and unallocable                     2,819,163                          556.71
   
   Utility expenditure                        111,538                           22.03
   Liquor store expenditure                                  -                                  -
   Insurance trust expenditure                     3,403,050                          672.01
   
Debt at end of fiscal year                     7,150,401                       1,412.01
   
Cash and security holdings                   50,295,826                       9,932.04
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