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State Government Finances

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STATE GOVERNMENT FINANCES: 2007
STATE: ILLINOIS
(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      71,322,681
       
    General revenue      52,409,684
        Intergovernmental revenue      14,237,842
        Taxes      30,065,517
            General sales      7,817,291
            Selective sales      7,097,536
            License taxes      2,381,112
            Individual income tax      9,408,437
            Corporate income tax      2,936,360
            Other taxes      424,781
       
        Current charges      3,969,602
        Miscellaneous general revenue      4,136,723
       
    Utility revenue      0
    Liquor stores revenue      0
    Insurance trust revenue(1)      18,912,997
       
Total expenditure      59,929,928
    Intergovernmental expenditure      14,259,666
    Direct expenditure      45,670,262
        Current operation      29,797,764
        Capital outlay      3,695,239
        Insurance benefits and repayments      8,317,132
        Assistance and subsidies      1,118,125
        Interest on debt      2,742,002
Exhibit: Salaries and wages      8,101,654
       
Total expenditure      59,929,928
General expenditure      51,612,795
        Intergovernmental expenditure      14,259,666
        Direct expenditure      37,353,129
       
    General expenditure, by function:       
        Education      15,353,554
        Public welfare      15,565,800
        Hospitals      953,052
        Health      2,255,034
        Highways      4,695,631
       
        Police protection      452,122
        Correction      1,209,228
        Natural resources      300,115
        Parks and recreation      274,148
        Governmental administration      1,251,623
       
        Interest on general debt      2,742,002
        Other and unallocable      6,560,486
       
    Utility expenditure      1
    Liquor stores expenditure      0
    Insurance trust expenditure      8,317,132
       
Debt at end of fiscal year      54,535,159
       
Cash and security holdings      134,542,160

(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