U.S. Census Bureau
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