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State Government Finances

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STATE GOVERNMENT FINANCES: 2007
STATE: GEORGIA
(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      45,157,349
       
    General revenue      36,403,949
        Intergovernmental revenue      13,005,370
        Taxes      18,253,216
            General sales      5,915,521
            Selective sales      1,939,225
            License taxes      486,182
            Individual income tax      8,799,415
            Corporate income tax      1,017,187
            Other taxes      95,686
       
        Current charges      2,990,763
        Miscellaneous general revenue      2,154,600
       
    Utility revenue      231
    Liquor stores revenue      0
    Insurance trust revenue(1)      8,753,169
       
Total expenditure      41,844,861
    Intergovernmental expenditure      10,515,856
    Direct expenditure      31,329,005
        Current operation      20,390,323
        Capital outlay      5,501,850
        Insurance benefits and repayments      4,052,613
        Assistance and subsidies      830,496
        Interest on debt      553,723
Exhibit: Salaries and wages      4,292,075
       
Total expenditure      41,844,861
General expenditure      37,750,247
        Intergovernmental expenditure      10,515,856
        Direct expenditure      27,234,391
       
    General expenditure, by function:       
        Education      15,580,870
        Public welfare      9,685,127
        Hospitals      730,547
        Health      1,150,842
        Highways      5,009,405
       
        Police protection      267,801
        Correction      1,465,496
        Natural resources      463,217
        Parks and recreation      187,393
        Governmental administration      715,887
       
        Interest on general debt      553,723
        Other and unallocable      1,939,939
       
    Utility expenditure      42,001
    Liquor stores expenditure      0
    Insurance trust expenditure      4,052,613
       
Debt at end of fiscal year      10,358,360
       
Cash and security holdings      77,253,779

(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