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: 2007
STATE: CONNECTICUT
(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      25,840,849
       
    General revenue      20,730,949
        Intergovernmental revenue      4,167,175
        Taxes      13,271,789
            General sales      3,030,353
            Selective sales      2,286,444
            License taxes      363,973
            Individual income tax      6,335,078
            Corporate income tax      894,317
            Other taxes      361,624
       
        Current charges      1,614,442
        Miscellaneous general revenue      1,677,543
       
    Utility revenue      27,404
    Liquor stores revenue      0
    Insurance trust revenue(1)      5,082,496
       
Total expenditure      21,598,428
    Intergovernmental expenditure      3,831,974
    Direct expenditure      17,766,454
        Current operation      12,311,151
        Capital outlay      1,137,100
        Insurance benefits and repayments      2,787,177
        Assistance and subsidies      388,033
        Interest on debt      1,142,993
Exhibit: Salaries and wages      4,088,537
       
Total expenditure      21,598,428
General expenditure      18,492,754
        Intergovernmental expenditure      3,831,974
        Direct expenditure      14,660,780
       
    General expenditure, by function:       
        Education      5,339,202
        Public welfare      5,136,934
        Hospitals      1,297,077
        Health      839,811
        Highways      742,087
       
        Police protection      205,351
        Correction      668,179
        Natural resources      103,206
        Parks and recreation      46,518
        Governmental administration      1,095,676
       
        Interest on general debt      1,142,993
        Other and unallocable      1,875,720
       
    Utility expenditure      318,497
    Liquor stores expenditure      0
    Insurance trust expenditure      2,787,177
       
Debt at end of fiscal year      23,836,187
       
Cash and security holdings      45,089,092

(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