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State Government Finances: 2003
(Dollar amounts in thousands. Per capita amounts in dollars)
Item TENNESSEE
Amount Per Capita
   
Population (thousands, 2003) 5,845  X
   
Total Revenue                   20,564,361                       3,518.28
   
   General revenue                   19,278,302                       3,298.26
      Intergovernmental revenue                     8,292,209                       1,418.68
      Taxes                     8,811,612                       1,507.55
         General sales                     5,414,674                          926.38
         Selective sales                     1,446,075                          247.40
         License taxes                        953,999                          163.22
         Individual income tax                        115,593                           19.78
         Corporate income tax                        612,943                          104.87
         Other taxes                        268,328                           45.91
   
      Current charges                     1,449,396                          247.97
      Miscellaneous general revenue                        725,085                          124.05
   Utility revenue                                  -                                  -
   Liquor store revenue                                  -                                  -
   Insurance trust revenue                     1,286,059                          220.03
   
Total expenditure                   21,021,917                       3,596.56
   Intergovernmental expenditure                     4,952,923                          847.38
   Direct expenditure                   16,068,994                       2,749.19
      Current operation                   12,398,856                       2,121.28
      Capital outlay                     1,309,757                          224.08
      Insurance benefits and repayments                     1,629,621                          278.81
      Assistance and subsidies                        543,432                           92.97
      Interest on debt                        187,328                           32.05
Exhibit: Salaries and wages                     2,858,757                          489.09
   
Total expenditure                   21,021,917                       3,596.56
   General expenditure                   19,386,815                       3,316.82
      Intergovernmental expenditure                     4,952,923                          847.38
      Direct expenditure                   14,433,892                       2,469.44
   
   General expenditures, by function  
      Education                     6,169,486                       1,055.52
      Public welfare                     7,634,185                       1,306.11
      Hospitals                        348,111                           59.56
      Health                        881,367                          150.79
      Highways                     1,576,290                          269.68
   
      Police protection                        144,177                           24.67
      Correction                        558,669                           95.58
      Natural resources                        211,306                           36.15
      Parks and recreation                        102,721                           17.57
      Government administration                        474,505                           81.18
   
      Interest on general debt                        187,328                           32.05
      Other and unallocable                     1,098,670                          187.97
   
   Utility expenditure                           5,481                               .94
   Liquor store expenditure                                  -                                  -
   Insurance trust expenditure                     1,629,621                          278.81
   
Debt at end of fiscal year                     3,496,139                          598.14
   
Cash and security holdings                   28,065,993                       4,801.71
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