State Government Finances Viewable Data

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

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

State Government Finances