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STATE GOVERNMENT FINANCES: 2007
STATE: LOUISIANA
(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      33,348,403
       
    General revenue      27,498,352
        Intergovernmental revenue      12,394,930
        Taxes      10,973,115
            General sales      3,481,242
            Selective sales      2,000,410
            License taxes      570,472
            Individual income tax      3,214,163
            Corporate income tax      752,773
            Other taxes      954,055
       
        Current charges      1,840,690
        Miscellaneous general revenue      2,289,617
       
    Utility revenue      4,515
    Liquor stores revenue      0
    Insurance trust revenue(1)      5,845,536
       
Total expenditure      27,838,774
    Intergovernmental expenditure      6,175,010
    Direct expenditure      21,663,764
        Current operation      15,396,317
        Capital outlay      2,018,063
        Insurance benefits and repayments      2,835,232
        Assistance and subsidies      561,968
        Interest on debt      852,184
Exhibit: Salaries and wages      3,807,032
       
Total expenditure      27,838,774
General expenditure      24,999,231
        Intergovernmental expenditure      6,175,010
        Direct expenditure      18,824,221
       
    General expenditure, by function:       
        Education      7,708,209
        Public welfare      4,918,292
        Hospitals      843,838
        Health      588,283
        Highways      1,656,383
       
        Police protection      316,352
        Correction      651,468
        Natural resources      483,495
        Parks and recreation      318,698
        Governmental administration      791,568
       
        Interest on general debt      852,184
        Other and unallocable      5,870,461
       
    Utility expenditure      4,311
    Liquor stores expenditure      0
    Insurance trust expenditure      2,835,232
       
Debt at end of fiscal year      14,019,280
       
Cash and security holdings      59,460,193

(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