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STATE GOVERNMENT FINANCES: 2007
STATE: COLORADO
(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      26,892,432
       
    General revenue      18,492,251
        Intergovernmental revenue      4,732,975
        Taxes      9,216,983
            General sales      2,196,193
            Selective sales      1,254,015
            License taxes      354,417
            Individual income tax      4,795,423
            Corporate income tax      479,445
            Other taxes      137,490
       
        Current charges      2,637,888
        Miscellaneous general revenue      1,904,405
       
    Utility revenue      0
    Liquor stores revenue      0
    Insurance trust revenue(1)      8,400,181
       
Total expenditure      21,243,982
    Intergovernmental expenditure      6,000,582
    Direct expenditure      15,243,400
        Current operation      10,005,070
        Capital outlay      1,069,262
        Insurance benefits and repayments      3,235,338
        Assistance and subsidies      210,204
        Interest on debt      723,526
Exhibit: Salaries and wages      3,255,396
       
Total expenditure      21,243,982
General expenditure      17,980,929
        Intergovernmental expenditure      6,000,582
        Direct expenditure      11,980,347
       
    General expenditure, by function:       
        Education      7,646,922
        Public welfare      4,271,325
        Hospitals      394,763
        Health      758,113
        Highways      1,085,183
       
        Police protection      114,975
        Correction      895,827
        Natural resources      272,789
        Parks and recreation      82,091
        Governmental administration      812,908
       
        Interest on general debt      701,400
        Other and unallocable      944,633
       
    Utility expenditure      27,715
    Liquor stores expenditure      0
    Insurance trust expenditure      3,235,338
       
Debt at end of fiscal year      14,905,758
       
Cash and security holdings      64,491,284

(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