The U.S. Census Bureau
 
State Government Finances: 2005
(Dollar amounts in thousands)  
Item MASSACHUSETTS
 
Total Revenue 42,143,055
 
   General revenue 34,905,384
      Intergovernmental revenue 8,417,132
      Taxes 18,034,862
         General sales 3,890,945
         Selective sales 1,911,557
         License taxes 686,456
         Individual income tax 9,690,270
         Corporate income tax 1,332,796
         Other taxes 522,838
  -
      Current charges 3,178,872
      Miscellaneous general revenue 5,274,518
 
   Utility revenue 139,478
   Liquor store revenue -
   Insurance trust revenue 7,098,193
  -
Total expenditure 38,315,075
   Intergovernmental expenditure 6,497,882
   Direct expenditure 31,817,193
      Current operation 21,761,660
      Capital outlay 2,418,195
      Insurance benefits and repayments 3,805,742
      Assistance and subsidies 731,023
      Interest on debt 3,100,573
Exhibit: Salaries and wages 4,196,466
  -
Total expenditure 38,315,075
   General expenditure 34,290,830
      Intergovernmental expenditure 6,497,882
      Direct expenditure 27,792,948
  -
   General expenditures, by function: -
      Education 8,599,666
      Public welfare 11,058,215
      Hospitals 426,053
      Health 713,527
      Highways 1,772,974
  -
      Police protection 449,717
      Correction 978,756
      Natural resources 279,886
      Parks and recreation 209,627
      Government administration 1,434,814
 
      Interest on general debt 3,029,649
      Other and unallocable 5,337,946
  -
   Utility expenditure 218,503
   Liquor store expenditure -
   Insurance trust expenditure 3,805,742
  -
Debt at end of fiscal year 61,017,440
  -
Cash and security holdings 82,612,052
Symbol:  -  zero or rounds to zero
Source:  U.S. Census Bureau, Governments Division, 2005 Survey of State Government Finances,
     January 2007

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Source: U.S. Census Bureau, Governments Division
Created: June 04 2008
Last Revised: June 06 2008