|
| State Government Finances: 2005 | ||
| (Dollar amounts in thousands) | ||
| Item | MICHIGAN | |
| Total Revenue | 55,398,233 | |
| General revenue | 45,631,683 | |
| Intergovernmental revenue | 12,992,812 | |
| Taxes | 23,525,187 | |
| General sales | 8,074,095 | |
| Selective sales | 3,459,949 | |
| License taxes | 1,339,931 | |
| Individual income tax | 6,108,924 | |
| Corporate income tax | 1,907,190 | |
| Other taxes | 2,635,098 | |
| - | ||
| Current charges | 5,444,213 | |
| Miscellaneous general revenue | 3,669,471 | |
| Utility revenue | - | |
| Liquor store revenue | 688,927 | |
| Insurance trust revenue | 9,077,623 | |
| - | ||
| Total expenditure | 51,479,658 | |
| Intergovernmental expenditure | 19,307,932 | |
| Direct expenditure | 32,171,726 | |
| Current operation | 22,874,529 | |
| Capital outlay | 2,101,266 | |
| Insurance benefits and repayments | 5,186,050 | |
| Assistance and subsidies | 1,044,284 | |
| Interest on debt | 965,597 | |
| Exhibit: Salaries and wages | 5,572,330 | |
| - | ||
| Total expenditure | 51,479,658 | |
| General expenditure | 45,736,447 | |
| Intergovernmental expenditure | 19,307,932 | |
| Direct expenditure | 26,428,515 | |
| - | ||
| General expenditures, by function: | - | |
| Education | 20,586,688 | |
| Public welfare | 12,126,354 | |
| Hospitals | 1,911,123 | |
| Health | 972,325 | |
| Highways | 2,762,961 | |
| - | ||
| Police protection | 324,129 | |
| Correction | 1,674,237 | |
| Natural resources | 350,860 | |
| Parks and recreation | 88,184 | |
| Government administration | 1,002,674 | |
| Interest on general debt | 965,597 | |
| Other and unallocable | 2,971,315 | |
| - | ||
| Utility expenditure | - | |
| Liquor store expenditure | 557,161 | |
| Insurance trust expenditure | 5,186,050 | |
| - | ||
| Debt at end of fiscal year | 26,339,479 | |
| - | ||
| Cash and security holdings | 85,405,364 | |
| 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
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