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.gov › Business & Industry › Federal, State, & Local Governments › State Government Finances › Viewable Data
STATE GOVERNMENT FINANCES: 2005
STATE: NORTH CAROLINA
(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      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 stores revenue      0
    Insurance trust revenue(1)      8,589,408
       
Total expenditure      39,777,802
    Intergovernmental expenditure      11,637,674
    Direct expenditure      28,140,128
        Current operation      20,279,564
        Capital outlay      3,421,528
        Insurance benefits and repayments      3,712,129
        Assistance and subsidies      261,724
        Interest on debt      465,183
Exhibit: Salaries and wages      6,461,958
       
Total expenditure      39,777,802
General expenditure      35,939,303
        Intergovernmental expenditure      11,637,674
        Direct expenditure      24,301,629
       
    General expenditure, by function:       
        Education      14,329,213
        Public welfare      9,985,559
        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
        Governmental administration      864,749
       
        Interest on general debt      465,183
        Other and unallocable      2,128,668
       
    Utility expenditure      126,370
    Liquor stores expenditure      0
    Insurance trust expenditure      3,712,129
       
Debt at end of fiscal year      15,773,058
       
Cash and security holdings      80,365,572

(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