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STATE GOVERNMENT FINANCES: 2004
STATE: CONNECTICUT
(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      18,990,056
       
    General revenue      16,894,418
        Intergovernmental revenue      3,870,836
        Taxes      10,291,289
            General sales      3,127,221
            Selective sales      1,773,155
            License taxes      385,265
            Individual income tax      4,319,546
            Corporate income tax      379,822
            Other taxes      306,280
       
        Current charges      1,401,232
        Miscellaneous general revenue      1,331,061
       
    Utility revenue      23,149
    Liquor stores revenue      0
    Insurance trust revenue(1)      2,072,489
       
Total expenditure      19,528,569
    Intergovernmental expenditure      3,313,737
    Direct expenditure      16,214,832
        Current operation      10,727,046
        Capital outlay      1,144,280
        Insurance benefits and repayments      2,620,234
        Assistance and subsidies      437,944
        Interest on debt      1,285,328
Exhibit: Salaries and wages      3,434,649
       
Total expenditure      19,528,569
General expenditure      16,674,464
        Intergovernmental expenditure      3,313,737
        Direct expenditure      13,360,727
       
    General expenditure, by function:       
        Education      4,470,180
        Public welfare      4,416,649
        Hospitals      1,076,462
        Health      834,778
        Highways      862,045
       
        Police protection      170,666
        Correction      558,020
        Natural resources      94,194
        Parks and recreation      151,215
        Governmental administration      926,963
       
        Interest on general debt      1,285,328
        Other and unallocable      1,827,964
       
    Utility expenditure      233,871
    Liquor stores expenditure      0
    Insurance trust expenditure      2,620,234
       
Debt at end of fiscal year      22,932,932
       
Cash and security holdings      32,709,378

(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