| STATE GOVERNMENT FINANCES: 2007 |
| STATE: NEW JERSEY |
| (Thousand Dollars) |
| Source: 2007 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://www.census.gov/govs/www/surveymethodology07.html. |
| Item | Amount |
|---|---|
| Total revenue | 65,495,222 |
| General revenue | 49,746,594 |
| Intergovernmental revenue | 11,462,648 |
| Taxes | 29,106,788 |
| General sales | 8,345,601 |
| Selective sales | 3,596,641 |
| License taxes | 1,512,520 |
| Individual income tax | 11,539,894 |
| Corporate income tax | 2,876,591 |
| Other taxes | 1,235,541 |
| Current charges | 4,909,172 |
| Miscellaneous general revenue | 4,267,986 |
| Utility revenue | 773,920 |
| Liquor stores revenue | 0 |
| Insurance trust revenue | 14,974,708 |
| Total expenditure | 56,076,165 |
| Intergovernmental expenditure | 10,667,575 |
| Direct expenditure | 45,408,590 |
| Current operation | 29,361,123 |
| Capital outlay | 4,073,545 |
| Insurance benefits and repayments | 9,095,827 |
| Assistance and subsidies | 942,007 |
| Interest on debt | 1,936,088 |
| Exhibit: Salaries and wages | 8,784,646 |
| Total expenditure | 56,076,165 |
| General expenditure | 44,920,677 |
| Intergovernmental expenditure | 10,667,575 |
| Direct expenditure | 34,253,102 |
| General expenditure, by function: | |
| Education | 14,863,769 |
| Public welfare | 11,895,707 |
| Hospitals | 1,957,266 |
| Health | 1,311,145 |
| Highways | 2,615,630 |
| Police protection | 525,964 |
| Correction | 1,489,950 |
| Natural resources | 537,755 |
| Parks and recreation | 415,141 |
| Governmental administration | 1,774,230 |
| Interest on general debt | 1,931,092 |
| Other and unallocable | 5,603,028 |
| Utility expenditure | 2,059,661 |
| Liquor stores expenditure | 0 |
| Insurance trust expenditure | 9,095,827 |
| Debt at end of fiscal year | 51,384,806 |
| Cash and security holdings | 111,844,139 |
| Created: November 19, 2008 Last Revised: November 19, 2008 |
|
