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STATE GOVERNMENT FINANCES: 2007
STATE: KENTUCKY
(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      25,425,505
       
    General revenue      20,058,220
        Intergovernmental revenue      6,338,156
        Taxes      9,895,207
            General sales      2,817,636
            Selective sales      1,772,659
            License taxes      459,329
            Individual income tax      3,041,535
            Corporate income tax      988,065
            Other taxes      815,983
       
        Current charges      2,513,556
        Miscellaneous general revenue      1,311,301
       
    Utility revenue      0
    Liquor stores revenue      0
    Insurance trust revenue(1)      5,367,285
       
Total expenditure      23,738,262
    Intergovernmental expenditure      4,526,996
    Direct expenditure      19,211,266
        Current operation      13,304,538
        Capital outlay      1,916,163
        Insurance benefits and repayments      2,817,162
        Assistance and subsidies      698,908
        Interest on debt      474,495
Exhibit: Salaries and wages      3,532,348
       
Total expenditure      23,738,262
General expenditure      20,921,100
        Intergovernmental expenditure      4,526,996
        Direct expenditure      16,394,104
       
    General expenditure, by function:       
        Education      8,021,253
        Public welfare      5,827,463
        Hospitals      1,007,977
        Health      577,490
        Highways      2,138,616
       
        Police protection      191,395
        Correction      471,523
        Natural resources      361,199
        Parks and recreation      106,225
        Governmental administration      779,245
       
        Interest on general debt      474,495
        Other and unallocable      964,219
       
    Utility expenditure      0
    Liquor stores expenditure      0
    Insurance trust expenditure      2,817,162
       
Debt at end of fiscal year      11,645,948
       
Cash and security holdings      46,587,629

(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