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State Government Finances

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STATE GOVERNMENT FINANCES: 2004
STATE: FLORIDA
(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      74,691,770
       
    General revenue      56,033,593
        Intergovernmental revenue      17,427,448
        Taxes      30,534,283
            General sales      17,128,515
            Selective sales      6,280,891
            License taxes      1,774,881
            Individual income tax      0
            Corporate income tax      1,441,338
            Other taxes      3,908,658
       
        Current charges      3,694,993
        Miscellaneous general revenue      4,376,869
       
    Utility revenue      18,529
    Liquor stores revenue      0
    Insurance trust revenue(1)      18,639,648
       
Total expenditure      58,410,670
    Intergovernmental expenditure      15,285,893
    Direct expenditure      43,124,777
        Current operation      29,920,867
        Capital outlay      4,698,971
        Insurance benefits and repayments      5,849,095
        Assistance and subsidies      1,665,466
        Interest on debt      990,378
Exhibit: Salaries and wages      7,001,138
       
Total expenditure      58,410,670
General expenditure      52,499,863
        Intergovernmental expenditure      15,285,893
        Direct expenditure      37,213,970
       
    General expenditure, by function:       
        Education      17,694,815
        Public welfare      15,415,221
        Hospitals      236,046
        Health      2,829,993
        Highways      4,763,099
       
        Police protection      403,244
        Correction      2,185,039
        Natural resources      1,472,203
        Parks and recreation      153,633
        Governmental administration      2,115,458
       
        Interest on general debt      990,378
        Other and unallocable      4,240,734
       
    Utility expenditure      61,712
    Liquor stores expenditure      0
    Insurance trust expenditure      5,849,095
       
Debt at end of fiscal year      26,787,366
       
Cash and security holdings      173,169,254

(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