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STATE GOVERNMENT FINANCES: 2007
STATE: UNITED STATES SUMMARY
(Thousand Dollars)
 
Source: 2007 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/07_methodology.pdf.

Item       Amount      
Total revenue      1,995,125,717
       
    General revenue      1,451,715,159
        Intergovernmental revenue      427,029,937
        Taxes      757,470,540
            General sales      238,303,540
            Selective sales      114,401,971
            License taxes      46,696,709
            Individual income tax      265,863,142
            Corporate income tax      52,915,455
            Other taxes      39,289,723
       
        Current charges      139,983,603
        Miscellaneous general revenue      127,231,079
       
    Utility revenue      16,735,684
    Liquor stores revenue      5,799,273
    Insurance trust revenue(1)      520,875,601
       
Total expenditure      1,634,809,059
    Intergovernmental expenditure      460,184,110
    Direct expenditure      1,174,624,949
        Current operation      807,565,330
        Capital outlay      110,043,905
        Insurance benefits and repayments      182,783,985
        Assistance and subsidies      30,651,647
        Interest on debt      43,580,082
Exhibit: Salaries and wages      217,019,674
       
Total expenditure      1,634,809,059
General expenditure      1,422,830,665
        Intergovernmental expenditure      460,184,110
        Direct expenditure      962,646,555
       
    General expenditure, by function:       
        Education      514,123,945
        Public welfare      392,796,499
        Hospitals      48,982,511
        Health      57,212,325
        Highways      103,201,172
       
        Police protection      12,856,160
        Correction      46,485,220
        Natural resources      22,038,266
        Parks and recreation      6,032,869
        Governmental administration      50,932,533
       
        Interest on general debt      41,589,474
        Other and unallocable      126,579,691
       
    Utility expenditure      24,530,299
    Liquor stores expenditure      4,664,110
    Insurance trust expenditure      182,783,985
       
Debt at end of fiscal year      936,007,955
       
Cash and security holdings      3,874,644,404

(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: November 19, 2008
Last Revised:   December 14, 2011


Source: U.S. Census Bureau | State Government Finances | (800) 242-4523| govs.public.finance.analysis.b@census.gov |  Last Revised: December 14, 2011