The U.S. Census Bureau
 
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