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STATE GOVERNMENT FINANCES: 2007
STATE: INDIANA
(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      32,657,045
       
    General revenue      27,565,172
        Intergovernmental revenue      7,978,980
        Taxes      14,198,709
            General sales      5,423,501
            Selective sales      2,519,404
            License taxes      496,368
            Individual income tax      4,615,605
            Corporate income tax      987,111
            Other taxes      156,720
       
        Current charges      3,136,281
        Miscellaneous general revenue      2,251,202
       
    Utility revenue      0
    Liquor stores revenue      0
    Insurance trust revenue(1)      5,091,873
       
Total expenditure      28,860,786
    Intergovernmental expenditure      8,178,674
    Direct expenditure      20,682,112
        Current operation      14,965,719
        Capital outlay      1,906,332
        Insurance benefits and repayments      2,249,832
        Assistance and subsidies      694,551
        Interest on debt      865,678
Exhibit: Salaries and wages      3,695,037
       
Total expenditure      28,860,786
General expenditure      26,573,696
        Intergovernmental expenditure      8,178,674
        Direct expenditure      18,395,022
       
    General expenditure, by function:       
        Education      10,317,966
        Public welfare      6,874,559
        Hospitals      247,022
        Health      587,329
        Highways      1,689,200
       
        Police protection      229,609
        Correction      632,737
        Natural resources      288,238
        Parks and recreation      73,251
        Governmental administration      669,180
       
        Interest on general debt      865,678
        Other and unallocable      4,098,927
       
    Utility expenditure      37,258
    Liquor stores expenditure      0
    Insurance trust expenditure      2,249,832
       
Debt at end of fiscal year      19,180,194
       
Cash and security holdings      61,888,931

(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