Skip Main Navigation Skip To Navigation Content
State Government Finances: 2003
(Dollar amounts in thousands. Per capita amounts in dollars)
Item SOUTH CAROLINA
Amount Per Capita
   
Population (thousands, 2003) 4,149  X
   
Total Revenue                   19,669,246                       4,740.72
   
   General revenue                   15,408,525                       3,713.79
      Intergovernmental revenue                     5,738,966                       1,383.22
      Taxes                     6,353,115                       1,531.24
         General sales                     2,555,851                          616.02
         Selective sales                        875,158                          210.93
         License taxes                        325,511                           78.46
         Individual income tax                     2,334,066                          562.56
         Corporate income tax                        173,886                           41.91
         Other taxes                          88,643                           21.36
   
      Current charges                     2,376,569                          572.81
      Miscellaneous general revenue                        939,875                          226.53
   Utility revenue                     1,033,335                          249.06
   Liquor store revenue                                  -                                  -
   Insurance trust revenue                     3,227,386                          777.87
   
Total expenditure                   21,039,752                       5,071.04
   Intergovernmental expenditure                     4,155,920                       1,001.67
   Direct expenditure                   16,883,832                       4,069.37
      Current operation                   11,533,662                       2,779.87
      Capital outlay                     2,081,357                          501.65
      Insurance benefits and repayments                     2,162,103                          521.11
      Assistance and subsidies                        612,270                          147.57
      Interest on debt                        494,440                          119.17
Exhibit: Salaries and wages                     3,009,070                          725.25
   
Total expenditure                   21,039,752                       5,071.04
   General expenditure                   17,684,894                       4,262.45
      Intergovernmental expenditure                     4,155,920                       1,001.67
      Direct expenditure                   13,528,974                       3,260.78
   
   General expenditures, by function  
      Education                     6,037,317                       1,455.13
      Public welfare                     4,775,314                       1,150.96
      Hospitals                     1,112,095                          268.04
      Health                        698,202                          168.28
      Highways                     1,341,643                          323.37
   
      Police protection                        243,452                           58.68
      Correction                        426,300                          102.75
      Natural resources                        190,004                           45.80
      Parks and recreation                          71,732                           17.29
      Government administration                        682,434                          164.48
   
      Interest on general debt                        333,213                           80.31
      Other and unallocable                     1,773,188                          427.38
   
   Utility expenditure                     1,192,755                          287.48
   Liquor store expenditure                                  -                                  -
   Insurance trust expenditure                     2,162,103                          521.11
   
Debt at end of fiscal year                   10,990,201                       2,648.88
   
Cash and security holdings                   28,498,350                       6,868.73
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