|
| State Government Finances: 2005 | ||
| (Dollar amounts in thousands) | ||
| Item | NEW JERSEY | |
| Total Revenue | 52,661,668 | |
| General revenue | 42,184,082 | |
| Intergovernmental revenue | 10,258,349 | |
| Taxes | 24,247,648 | |
| General sales | 6,552,200 | |
| Selective sales | 3,619,799 | |
| License taxes | 1,289,107 | |
| Individual income tax | 9,537,939 | |
| Corporate income tax | 2,224,633 | |
| Other taxes | 1,023,970 | |
| - | ||
| Current charges | 4,608,862 | |
| Miscellaneous general revenue | 3,069,223 | |
| Utility revenue | 644,986 | |
| Liquor store revenue | - | |
| Insurance trust revenue | 9,832,600 | |
| - | ||
| Total expenditure | 50,964,235 | |
| Intergovernmental expenditure | 10,642,426 | |
| Direct expenditure | 40,321,809 | |
| Current operation | 26,997,041 | |
| Capital outlay | 3,283,823 | |
| Insurance benefits and repayments | 8,100,567 | |
| Assistance and subsidies | 489,434 | |
| Interest on debt | 1,450,944 | |
| Exhibit: Salaries and wages | 8,046,168 | |
| - | ||
| Total expenditure | 50,964,235 | |
| General expenditure | 41,983,884 | |
| Intergovernmental expenditure | 10,642,426 | |
| Direct expenditure | 31,341,458 | |
| - | ||
| General expenditures, by function: | - | |
| Education | 13,185,175 | |
| Public welfare | 11,517,678 | |
| Hospitals | 1,673,764 | |
| Health | 1,033,702 | |
| Highways | 2,240,664 | |
| - | ||
| Police protection | 507,167 | |
| Correction | 1,382,007 | |
| Natural resources | 362,890 | |
| Parks and recreation | 436,736 | |
| Government administration | 1,697,527 | |
| Interest on general debt | 1,445,622 | |
| Other and unallocable | 6,500,952 | |
| - | ||
| Utility expenditure | 2,302,798 | |
| Liquor store expenditure | - | |
| Insurance trust expenditure | 8,100,567 | |
| - | ||
| Debt at end of fiscal year | 42,313,155 | |
| - | ||
| Cash and security holdings | 94,925,957 | |
| 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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