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STATE GOVERNMENT FINANCES: 2004
STATE: MISSISSIPPI
(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      15,351,077
       
    General revenue      12,196,208
        Intergovernmental revenue      5,424,813
        Taxes      5,124,730
            General sales      2,482,908
            Selective sales      908,294
            License taxes      318,488
            Individual income tax      1,061,704
            Corporate income tax      243,846
            Other taxes      109,490
       
        Current charges      1,211,257
        Miscellaneous general revenue      435,408
       
    Utility revenue      0
    Liquor stores revenue      193,518
    Insurance trust revenue(1)      2,961,351
       
Total expenditure      14,263,288
    Intergovernmental expenditure      3,880,446
    Direct expenditure      10,382,842
        Current operation      7,719,170
        Capital outlay      966,268
        Insurance benefits and repayments      1,339,387
        Assistance and subsidies      157,645
        Interest on debt      200,372
Exhibit: Salaries and wages      1,868,768
       
Total expenditure      14,263,288
General expenditure      12,766,451
        Intergovernmental expenditure      3,880,446
        Direct expenditure      8,886,005
       
    General expenditure, by function:       
        Education      4,310,712
        Public welfare      3,981,710
        Hospitals      695,350
        Health      297,655
        Highways      1,012,320
       
        Police protection      75,257
        Correction      306,477
        Natural resources      235,490
        Parks and recreation      45,853
        Governmental administration      283,352
       
        Interest on general debt      200,372
        Other and unallocable      1,321,903
       
    Utility expenditure      0
    Liquor stores expenditure      157,450
    Insurance trust expenditure      1,339,387
       
Debt at end of fiscal year      4,378,804
       
Cash and security holdings      23,288,104

(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