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STATE GOVERNMENT FINANCES: 2004
STATE: COLORADO
(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      23,031,818
       
    General revenue      14,906,599
        Intergovernmental revenue      4,594,664
        Taxes      7,051,457
            General sales      1,909,246
            Selective sales      984,789
            License taxes      337,911
            Individual income tax      3,413,891
            Corporate income tax      239,591
            Other taxes      166,029
       
        Current charges      1,854,660
        Miscellaneous general revenue      1,405,818
       
    Utility revenue      0
    Liquor stores revenue      0
    Insurance trust revenue(1)      8,125,219
       
Total expenditure      18,042,055
    Intergovernmental expenditure      4,860,577
    Direct expenditure      13,181,478
        Current operation      8,465,390
        Capital outlay      1,123,706
        Insurance benefits and repayments      3,015,461
        Assistance and subsidies      161,239
        Interest on debt      415,682
Exhibit: Salaries and wages      2,796,221
       
Total expenditure      18,042,055
General expenditure      15,016,170
        Intergovernmental expenditure      4,860,577
        Direct expenditure      10,155,593
       
    General expenditure, by function:       
        Education      6,293,255
        Public welfare      3,537,787
        Hospitals      325,203
        Health      784,349
        Highways      1,374,131
       
        Police protection      112,341
        Correction      701,710
        Natural resources      207,025
        Parks and recreation      73,484
        Governmental administration      445,749
       
        Interest on general debt      409,320
        Other and unallocable      751,816
       
    Utility expenditure      10,424
    Liquor stores expenditure      0
    Insurance trust expenditure      3,015,461
       
Debt at end of fiscal year      9,964,097
       
Cash and security holdings      46,463,982

(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