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STATE GOVERNMENT FINANCES: 2004
STATE: NEW MEXICO
(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      11,845,096
       
    General revenue      9,833,783
        Intergovernmental revenue      3,552,118
        Taxes      4,001,780
            General sales      1,443,300
            Selective sales      595,140
            License taxes      169,805
            Individual income tax      1,007,248
            Corporate income tax      138,196
            Other taxes      648,091
       
        Current charges      758,043
        Miscellaneous general revenue      1,521,842
       
    Utility revenue      0
    Liquor stores revenue      0
    Insurance trust revenue(1)      2,011,313
       
Total expenditure      11,233,417
    Intergovernmental expenditure      3,234,697
    Direct expenditure      7,998,720
        Current operation      6,034,962
        Capital outlay      447,220
        Insurance benefits and repayments      1,011,307
        Assistance and subsidies      341,021
        Interest on debt      164,210
Exhibit: Salaries and wages      1,787,554
       
Total expenditure      11,233,417
General expenditure      10,222,110
        Intergovernmental expenditure      3,234,697
        Direct expenditure      6,987,413
       
    General expenditure, by function:       
        Education      3,813,208
        Public welfare      2,492,564
        Hospitals      487,280
        Health      240,706
        Highways      633,467
       
        Police protection      111,883
        Correction      254,639
        Natural resources      173,372
        Parks and recreation      59,457
        Governmental administration      396,701
       
        Interest on general debt      164,210
        Other and unallocable      1,394,623
       
    Utility expenditure      0
    Liquor stores expenditure      0
    Insurance trust expenditure      1,011,307
       
Debt at end of fiscal year      5,411,287
       
Cash and security holdings      34,672,314

(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