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State Government Finances

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STATE GOVERNMENT FINANCES: 2007
STATE: FLORIDA
(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      98,081,462
       
    General revenue      69,044,311
        Intergovernmental revenue      19,189,669
        Taxes      38,818,707
            General sales      22,848,990
            Selective sales      7,766,793
            License taxes      1,875,317
            Individual income tax      0
            Corporate income tax      2,442,516
            Other taxes      3,885,091
       
        Current charges      5,625,600
        Miscellaneous general revenue      5,410,335
       
    Utility revenue      22,539
    Liquor stores revenue      0
    Insurance trust revenue(1)      29,014,612
       
Total expenditure      73,017,848
    Intergovernmental expenditure      19,680,891
    Direct expenditure      53,336,957
        Current operation      36,379,085
        Capital outlay      6,733,140
        Insurance benefits and repayments      6,945,636
        Assistance and subsidies      1,888,470
        Interest on debt      1,390,626
Exhibit: Salaries and wages      8,268,077
       
Total expenditure      73,017,848
General expenditure      65,974,460
        Intergovernmental expenditure      19,680,891
        Direct expenditure      46,293,569
       
    General expenditure, by function:       
        Education      22,249,987
        Public welfare      17,340,927
        Hospitals      697,587
        Health      3,305,874
        Highways      6,855,857
       
        Police protection      462,320
        Correction      2,542,387
        Natural resources      2,215,080
        Parks and recreation      190,695
        Governmental administration      2,899,987
       
        Interest on general debt      1,390,626
        Other and unallocable      5,823,133
       
    Utility expenditure      97,752
    Liquor stores expenditure      0
    Insurance trust expenditure      6,945,636
       
Debt at end of fiscal year      36,483,336
       
Cash and security holdings      192,405,535

(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