State Government Finances Viewable Data

STATE GOVERNMENT FINANCES: 2004

STATE: TENNESSEE

(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

Item	Amount
Total revenue	23,907,277

General revenue	20,887,769
Intergovernmental revenue	8,227,727
Taxes	9,529,171
General sales	5,845,206
Selective sales	1,499,456
License taxes	1,045,665
Individual income tax	139,991
Corporate income tax	694,798
Other taxes	304,055

Current charges	1,550,590
Miscellaneous general revenue	1,580,281

Utility revenue	0
Liquor stores revenue	0
Insurance trust revenue(1)	3,019,508

Total expenditure	22,250,066
Intergovernmental expenditure	5,301,665
Direct expenditure	16,948,401
Current operation	13,354,209
Capital outlay	1,297,615
Insurance benefits and repayments	1,566,111
Assistance and subsidies	548,261
Interest on debt	182,205
Exhibit: Salaries and wages	2,979,900

Total expenditure	22,250,066
General expenditure	20,679,125
Intergovernmental expenditure	5,301,665
Direct expenditure	15,377,460

General expenditure, by function:
Education	6,536,120
Public welfare	8,357,217
Hospitals	342,944
Health	962,310
Highways	1,545,491

Police protection	142,127
Correction	596,095
Natural resources	224,643
Parks and recreation	119,821
Governmental administration	522,555

Interest on general debt	182,205
Other and unallocable	1,147,597

Utility expenditure	4,830
Liquor stores expenditure	0
Insurance trust expenditure	1,566,111

Debt at end of fiscal year	3,580,940

Cash and security holdings	31,005,832

(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

State Government Finances