The U.S. Census Bureau
 
State Government Finances: 2005
(Dollar amounts in thousands)  
Item NORTH CAROLINA
 
Total Revenue 44,892,190
 
   General revenue 36,302,608
      Intergovernmental revenue 12,841,936
      Taxes 18,639,618
         General sales 4,602,082
         Selective sales 3,013,463
         License taxes 1,108,838
         Individual income tax 8,427,553
         Corporate income tax 1,271,985
         Other taxes 215,697
  -
      Current charges 3,039,336
      Miscellaneous general revenue 1,781,718
 
   Utility revenue 174
   Liquor store revenue -
   Insurance trust revenue 8,589,408
  -
Total expenditure 39,482,250
   Intergovernmental expenditure 10,675,563
   Direct expenditure 28,806,687
      Current operation 20,024,533
      Capital outlay 3,421,528
      Insurance benefits and repayments 3,712,129
      Assistance and subsidies 1,183,314
      Interest on debt 465,183
Exhibit: Salaries and wages 6,461,958
  -
Total expenditure 39,482,250
   General expenditure 35,749,943
      Intergovernmental expenditure 10,675,563
      Direct expenditure 25,074,380
  -
   General expenditures, by function: -
      Education 14,357,171
      Public welfare 9,662,047
      Hospitals 1,160,217
      Health 1,420,660
      Highways 3,276,773
  -
      Police protection 456,580
      Correction 1,175,790
      Natural resources 477,382
      Parks and recreation 198,529
      Government administration 864,749
 
      Interest on general debt 465,183
      Other and unallocable 2,234,862
  -
   Utility expenditure 126,370
   Liquor store expenditure -
   Insurance trust expenditure 3,712,129
  -
Debt at end of fiscal year 15,773,058
  -
Cash and security holdings 80,365,572
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