| State
Government Finances: 2003 |
|
|
| (Dollar amounts in
thousands. Per capita amounts in dollars) |
| Item |
NEW
JERSEY |
| Amount |
Per Capita |
| |
|
|
| Population (thousands, 2003) |
8,642 |
X |
| |
|
|
| Total Revenue |
46,077,610 |
5,331.82 |
| |
|
|
| General revenue |
38,819,455 |
4,491.95 |
| Intergovernmental revenue |
9,064,614 |
1,048.90 |
| Taxes |
19,936,266 |
2,306.90 |
| General sales |
5,936,057 |
686.88 |
| Selective sales |
3,085,383 |
357.02 |
| License taxes |
1,169,923 |
135.38 |
| Individual income tax |
6,735,282 |
779.37 |
| Corporate income tax |
2,397,043 |
277.37 |
| Other taxes |
612,578 |
70.88 |
| |
|
|
| Current charges |
3,940,368 |
455.96 |
| Miscellaneous general revenue |
5,878,207 |
680.19 |
| Utility revenue |
579,600 |
67.07 |
| Liquor store revenue |
- |
- |
| Insurance trust revenue |
6,678,555 |
772.80 |
| |
|
|
| Total expenditure |
44,947,598 |
5,201.06 |
| Intergovernmental expenditure |
8,997,417 |
1,041.13 |
| Direct expenditure |
35,950,181 |
4,159.94 |
| Current operation |
22,852,847 |
2,644.39 |
| Capital outlay |
3,815,532 |
441.51 |
| Insurance benefits and repayments |
7,718,350 |
893.12 |
| Assistance and subsidies |
405,566 |
46.93 |
| Interest on debt |
1,157,886 |
133.98 |
| Exhibit: Salaries and wages |
3,006,554 |
347.90 |
| |
|
|
| Total expenditure |
44,947,598 |
5,201.06 |
| General expenditure |
34,859,788 |
4,033.76 |
| Intergovernmental expenditure |
8,997,417 |
1,041.13 |
| Direct expenditure |
25,862,371 |
2,992.64 |
| |
|
|
| General expenditures, by function |
|
|
| Education |
11,215,395 |
1,297.78 |
| Public welfare |
7,005,033 |
810.58 |
| Hospitals |
1,402,133 |
162.25 |
| Health |
882,500 |
102.12 |
| Highways |
2,559,450 |
296.16 |
| |
|
|
| Police protection |
390,817 |
45.22 |
| Correction |
1,294,773 |
149.82 |
| Natural resources |
371,247 |
42.96 |
| Parks and recreation |
362,743 |
41.97 |
| Government administration |
1,317,210 |
152.42 |
| |
|
|
| Interest on general debt |
1,151,253 |
133.22 |
| Other and unallocable |
6,907,234 |
799.26 |
| |
|
|
| Utility expenditure |
2,369,460 |
274.18 |
| Liquor store expenditure |
- |
- |
| Insurance trust expenditure |
7,718,350 |
893.12 |
| |
|
|
| Debt at end of fiscal year |
33,608,678 |
3,888.99 |
| |
|
|
| Cash and security holdings |
84,400,619 |
9,766.33 |
|
|
|
| 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