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State Government Finances: 2003
(Dollar amounts in thousands. Per capita amounts in dollars)
Item VERMONT
Amount Per Capita
   
Population (thousands, 2003) 619  X
   
Total Revenue                     3,639,339                       5,879.38
   
   General revenue                     3,352,248                       5,415.59
      Intergovernmental revenue                     1,152,305                       1,861.56
      Taxes                     1,558,712                       2,518.11
         General sales                        220,827                          356.75
         Selective sales                        326,635                          527.68
         License taxes                        102,721                          165.95
         Individual income tax                        411,343                          664.53
         Corporate income tax                          41,641                           67.27
         Other taxes                        455,545                          735.94
   
      Current charges                        345,241                          557.74
      Miscellaneous general revenue                        295,990                          478.17
   Utility revenue                                  -                                  -
   Liquor store revenue                          34,943                           56.45
   Insurance trust revenue                        252,148                          407.35
   
Total expenditure                     3,858,957                       6,234.18
   Intergovernmental expenditure                        938,085                       1,515.48
   Direct expenditure                     2,920,872                       4,718.69
      Current operation                     2,260,239                       3,651.44
      Capital outlay                        180,957                          292.34
      Insurance benefits and repayments                        221,769                          358.27
      Assistance and subsidies                        116,023                          187.44
      Interest on debt                        141,884                          229.21
Exhibit: Salaries and wages                        589,570                          952.46
   
Total expenditure                     3,858,957                       6,234.18
   General expenditure                     3,593,817                       5,805.84
      Intergovernmental expenditure                        938,085                       1,515.48
      Direct expenditure                     2,655,732                       4,290.36
   
   General expenditures, by function  
      Education                     1,442,926                       2,331.06
      Public welfare                        913,772                       1,476.21
      Hospitals                          13,024                           21.04
      Health                          78,710                          127.16
      Highways                        300,353                          485.22
   
      Police protection                          59,903                           96.77
      Correction                          81,767                          132.10
      Natural resources                          92,995                          150.23
      Parks and recreation                          11,860                           19.16
      Government administration                        195,330                          315.56
   
      Interest on general debt                        141,884                          229.21
      Other and unallocable                        261,293                          422.12
   
   Utility expenditure                          10,437                           16.86
   Liquor store expenditure                          32,934                           53.21
   Insurance trust expenditure                        221,769                          358.27
   
Debt at end of fiscal year                     2,532,071                       4,090.58
   
Cash and security holdings                     4,916,965                       7,943.40
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