Skip header section
US Census Bureau
People Business Geography Newsroom Subjects A to Z Search@Census
 

State Government Finances

Skip top of page navigation
You are here: Census.govBusiness & IndustryFederal, State, & Local GovernmentsState Government Finances › Viewable Data
STATE GOVERNMENT FINANCES: 2005
STATE: MINNESOTA
(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      31,723,566
       
    General revenue      25,790,017
        Intergovernmental revenue      6,575,048
        Taxes      15,881,131
            General sales      4,203,736
            Selective sales      2,437,303
            License taxes      956,899
            Individual income tax      6,341,164
            Corporate income tax      933,896
            Other taxes      1,008,133
       
        Current charges      2,039,617
        Miscellaneous general revenue      1,294,221
       
    Utility revenue      0
    Liquor stores revenue      0
    Insurance trust revenue(1)      5,933,549
       
Total expenditure      29,559,979
    Intergovernmental expenditure      10,108,813
    Direct expenditure      19,451,166
        Current operation      13,760,450
        Capital outlay      1,254,816
        Insurance benefits and repayments      3,197,355
        Assistance and subsidies      849,541
        Interest on debt      389,004
Exhibit: Salaries and wages      3,165,931
       
Total expenditure      29,559,979
General expenditure      26,263,523
        Intergovernmental expenditure      10,108,813
        Direct expenditure      16,154,710
       
    General expenditure, by function:       
        Education      10,668,686
        Public welfare      8,157,098
        Hospitals      267,403
        Health      542,267
        Highways      1,939,975
       
        Police protection      252,355
        Correction      408,755
        Natural resources      458,191
        Parks and recreation      175,845
        Governmental administration      853,923
       
        Interest on general debt      389,004
        Other and unallocable      2,150,021
       
    Utility expenditure      99,101
    Liquor stores expenditure      0
    Insurance trust expenditure      3,197,355
       
Debt at end of fiscal year      7,265,044
       
Cash and security holdings      53,900,444

(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