State Government Finances
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| Total revenue |
58,790,939 |
| |
|
| General revenue |
46,436,435 |
| Intergovernmental revenue |
12,998,952 |
| Taxes |
26,411,689 |
| General sales |
7,195,445 |
| Selective sales |
6,160,110 |
| License taxes |
2,471,210 |
| Individual income tax |
7,936,884 |
| Corporate income tax |
2,183,066 |
| Other taxes |
464,974 |
| |
|
| Current charges |
3,275,225 |
| Miscellaneous general revenue |
3,750,569 |
| |
|
| Utility revenue |
0 |
| Liquor stores revenue |
0 |
| Insurance trust revenue(1) |
12,354,504 |
| |
|
| Total expenditure |
55,372,969 |
| Intergovernmental expenditure |
14,212,820 |
| Direct expenditure |
41,160,149 |
| Current operation |
27,966,759 |
| Capital outlay |
2,369,612 |
| Insurance benefits and repayments |
7,367,507 |
| Assistance and subsidies |
1,131,135 |
| Interest on debt |
2,325,136 |
| Exhibit: Salaries and wages |
7,547,726 |
| |
|
| Total expenditure |
55,372,969 |
| General expenditure |
48,005,458 |
| Intergovernmental expenditure |
14,212,820 |
| Direct expenditure |
33,792,638 |
| |
|
| General expenditure, by function: |
|
| Education |
15,049,403 |
| Public welfare |
14,529,568 |
| Hospitals |
912,544 |
| Health |
2,587,033 |
| Highways |
3,370,898 |
| |
|
| Police protection |
373,221 |
| Correction |
1,130,228 |
| Natural resources |
352,729 |
| Parks and recreation |
284,420 |
| Governmental administration |
1,348,860 |
| |
|
| Interest on general debt |
2,325,136 |
| Other and unallocable |
5,741,418 |
| |
|
| Utility expenditure |
4 |
| Liquor stores expenditure |
0 |
| Insurance trust expenditure |
7,367,507 |
| |
|
| Debt at end of fiscal year |
51,275,461 |
| |
|
| Cash and security holdings |
114,934,969 |