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State Government Finances: 2003
(Dollar amounts in thousands. Per capita amounts in dollars)
Item MISSISSIPPI
Amount Per Capita
   
Population (thousands, 2003) 2,883  X 
   
Total Revenue                   13,393,021                       4,645.52
   
   General revenue                   11,873,033                       4,118.29
      Intergovernmental revenue                     5,086,417                       1,764.28
      Taxes                     4,999,144                       1,734.01
         General sales                     2,459,984                          853.27
         Selective sales                        844,894                          293.06
         License taxes                        314,482                          109.08
         Individual income tax                     1,020,028                          353.81
         Corporate income tax                        288,778                          100.17
         Other taxes                          70,978                           24.62
   
      Current charges                     1,245,075                          431.87
      Miscellaneous general revenue                        542,397                          188.14
   Utility revenue                                  -                                  -
   Liquor store revenue                        184,322                           63.93
   Insurance trust revenue                     1,335,666                          463.29
   
Total expenditure                   13,502,885                       4,683.62
   Intergovernmental expenditure                     3,665,580                       1,271.45
   Direct expenditure                     9,837,305                       3,412.18
      Current operation                     7,263,115                       2,519.29
      Capital outlay                        951,104                          329.90
      Insurance benefits and repayments                     1,259,038                          436.71
      Assistance and subsidies                        164,132                           56.93
      Interest on debt                        199,916                           69.34
Exhibit: Salaries and wages                     1,819,086                          630.97
   
Total expenditure                   13,502,885                       4,683.62
   General expenditure                   12,094,517                       4,195.12
      Intergovernmental expenditure                     3,665,580                       1,271.45
      Direct expenditure                     8,428,937                       2,923.67
   
   General expenditures, by function  
      Education                     4,028,841                       1,397.45
      Public welfare                     3,712,507                       1,287.72
      Hospitals                        667,307                          231.46
      Health                        285,729                           99.11
      Highways                        974,381                          337.97
   
      Police protection                          68,338                           23.70
      Correction                        295,629                          102.54
      Natural resources                        214,849                           74.52
      Parks and recreation                          43,360                           15.04
      Government administration                        259,811                           90.12
   
      Interest on general debt                        199,916                           69.34
      Other and unallocable                     1,343,849                          466.13
   
   Utility expenditure                                  -                                  -
   Liquor store expenditure                        149,330                           51.80
   Insurance trust expenditure                     1,259,038                          436.71
   
Debt at end of fiscal year                     4,166,614                       1,445.24
   
Cash and security holdings                   22,100,380                       7,665.76
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