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STATE GOVERNMENT FINANCES: 2005
STATE: ARKANSAS
(Thousand Dollars)
 
Source: 2005 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/05_methodology.pdf.

Item       Amount      
Total revenue      14,917,752
       
    General revenue      12,834,021
        Intergovernmental revenue      4,110,258
        Taxes      6,538,720
            General sales      2,573,503
            Selective sales      884,384
            License taxes      312,280
            Individual income tax      1,875,065
            Corporate income tax      277,311
            Other taxes      616,177
       
        Current charges      1,582,997
        Miscellaneous general revenue      602,046
       
    Utility revenue      0
    Liquor stores revenue      0
    Insurance trust revenue(1)      2,083,731
       
Total expenditure      13,077,224
    Intergovernmental expenditure      3,886,756
    Direct expenditure      9,190,468
        Current operation      7,108,804
        Capital outlay      777,328
        Insurance benefits and repayments      968,596
        Assistance and subsidies      200,401
        Interest on debt      135,339
Exhibit: Salaries and wages      1,582,814
       
Total expenditure      13,077,224
General expenditure      12,108,628
        Intergovernmental expenditure      3,886,756
        Direct expenditure      8,221,872
       
    General expenditure, by function:       
        Education      5,307,527
        Public welfare      3,172,494
        Hospitals      550,546
        Health      208,587
        Highways      955,472
       
        Police protection      64,042
        Correction      280,770
        Natural resources      214,785
        Parks and recreation      38,120
        Governmental administration      487,687
       
        Interest on general debt      135,339
        Other and unallocable      693,259
       
    Utility expenditure      0
    Liquor stores expenditure      0
    Insurance trust expenditure      968,596
       
Debt at end of fiscal year      4,298,350
       
Cash and security holdings      21,345,911

(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: February 7, 2007
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