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State Government Finances

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STATE GOVERNMENT FINANCES: 2005
STATE: FLORIDA
(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      77,356,361
       
    General revenue      62,354,015
        Intergovernmental revenue      19,399,725
        Taxes      33,894,971
            General sales      19,056,249
            Selective sales      6,430,205
            License taxes      1,894,180
            Individual income tax      0
            Corporate income tax      1,785,213
            Other taxes      4,729,124
       
        Current charges      4,318,934
        Miscellaneous general revenue      4,740,385
       
    Utility revenue      19,593
    Liquor stores revenue      0
    Insurance trust revenue(1)      14,982,753
       
Total expenditure      71,154,650
    Intergovernmental expenditure      17,475,959
    Direct expenditure      53,678,691
        Current operation      37,330,359
        Capital outlay      5,193,601
        Insurance benefits and repayments      8,084,034
        Assistance and subsidies      1,965,308
        Interest on debt      1,105,389
Exhibit: Salaries and wages      7,553,579
       
Total expenditure      71,154,650
General expenditure      63,004,339
        Intergovernmental expenditure      17,475,959
        Direct expenditure      45,528,380
       
    General expenditure, by function:       
        Education      19,410,331
        Public welfare      16,660,990
        Hospitals      577,328
        Health      2,942,651
        Highways      5,636,396
       
        Police protection      479,317
        Correction      2,307,216
        Natural resources      1,680,204
        Parks and recreation      151,196
        Governmental administration      2,432,534
       
        Interest on general debt      1,105,389
        Other and unallocable      9,620,787
       
    Utility expenditure      66,277
    Liquor stores expenditure      0
    Insurance trust expenditure      8,084,034
       
Debt at end of fiscal year      28,255,074
       
Cash and security holdings      175,621,253

(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