State Government Finances Viewable Data

STATE GOVERNMENT FINANCES: 2006

STATE: SOUTH CAROLINA

(Thousand Dollars)

Source: 2006 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

Item	Amount
Total revenue	23,719,970

General revenue	19,435,908
Intergovernmental revenue	6,867,415
Taxes	7,759,797
General sales	3,186,306
Selective sales	1,013,815
License taxes	432,250
Individual income tax	2,727,251
Corporate income tax	296,753
Other taxes	103,422

Current charges	3,305,309
Miscellaneous general revenue	1,503,387

Utility revenue	1,339,482
Liquor stores revenue	0
Insurance trust revenue(1)	2,944,580

Total expenditure	23,430,743
Intergovernmental expenditure	4,699,299
Direct expenditure	18,731,444
Current operation	13,081,001
Capital outlay	1,801,737
Insurance benefits and repayments	2,343,568
Assistance and subsidies	817,647
Interest on debt	687,491
Exhibit: Salaries and wages	3,264,614

Total expenditure	23,430,743
General expenditure	19,785,364
Intergovernmental expenditure	4,699,299
Direct expenditure	15,086,065

General expenditure, by function:
Education	7,076,629
Public welfare	4,825,203
Hospitals	1,216,476
Health	870,263
Highways	1,497,651

Police protection	195,199
Correction	441,620
Natural resources	205,798
Parks and recreation	91,489
Governmental administration	930,339

Interest on general debt	520,895
Other and unallocable	1,913,802

Utility expenditure	1,301,811
Liquor stores expenditure	0
Insurance trust expenditure	2,343,568

Debt at end of fiscal year	13,737,148

Cash and security holdings	38,784,518

(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: December 12, 2007 Last Revised: January 5, 2011

State Government Finances