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STATE GOVERNMENT FINANCES: 2004
STATE: ARKANSAS
(Thousand Dollars)
 
Source: 2004 Annual Survey of State Government Finances. Data users who create their own estimates using
data from this report should cite the U.S. Census Bureau as the source of the original data only. The data in
this table are based on information from public records and contain no confidential data. Although the data in
this table come from a census of governmental units and are not subject to sampling error, the census results
do contain nonsampling error. Additional information on nonsampling error, response rates, and definitions
may be found at http://www2.census.gov/govs/state/04_methodology.pdf.

Item       Amount      
Total revenue      14,225,176
       
    General revenue      11,679,719
        Intergovernmental revenue      4,041,889
        Taxes      5,580,678
            General sales      2,149,527
            Selective sales      784,503
            License taxes      187,876
            Individual income tax      1,685,585
            Corporate income tax      181,830
            Other taxes      591,357
       
        Current charges      1,546,629
        Miscellaneous general revenue      510,523
       
    Utility revenue      0
    Liquor stores revenue      0
    Insurance trust revenue(1)      2,545,457
       
Total expenditure      12,681,105
    Intergovernmental expenditure      3,212,815
    Direct expenditure      9,468,290
        Current operation      7,102,458
        Capital outlay      1,005,555
        Insurance benefits and repayments      991,592
        Assistance and subsidies      245,563
        Interest on debt      123,122
Exhibit: Salaries and wages      1,528,630
       
Total expenditure      12,681,105
General expenditure      11,689,513
        Intergovernmental expenditure      3,212,815
        Direct expenditure      8,476,698
       
    General expenditure, by function:       
        Education      4,730,047
        Public welfare      2,995,212
        Hospitals      532,800
        Health      316,062
        Highways      1,116,310
       
        Police protection      79,800
        Correction      351,788
        Natural resources      225,132
        Parks and recreation      83,065
        Governmental administration      473,016
       
        Interest on general debt      123,122
        Other and unallocable      663,159
       
    Utility expenditure      0
    Liquor stores expenditure      0
    Insurance trust expenditure      991,592
       
Debt at end of fiscal year      3,741,626
       
Cash and security holdings      18,988,203

(1) Within insurance trust revenue, net earnings of state retirement systems
is a calculated statistic (the item code in the data file is X08), and thus can be
positive or negative. Net earnings is the sum of earnings on investments plus gains on
investments minus losses on investments. The change made in 2002 for asset valuation
from book to market value in accordance with Statement 34 of the Governmental
Accounting Standards Board is reflected in the calculated statistics.
 
Created: December 2005
Last Revised:   January 5, 2011


Source: U.S. Census Bureau | State Government Finances | (800) 242-4523| govs.public.finance.analysis.b@census.gov |  Last Revised: January 20, 2011