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STATE GOVERNMENT FINANCES: 2007
STATE: NEW YORK
(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      177,145,384
       
    General revenue      128,656,529
        Intergovernmental revenue      45,581,622
        Taxes      63,161,582
            General sales      10,879,888
            Selective sales      8,625,797
            License taxes      1,327,930
            Individual income tax      34,579,992
            Corporate income tax      5,416,105
            Other taxes      2,331,870
       
        Current charges      8,033,534
        Miscellaneous general revenue      11,879,791
       
    Utility revenue      7,655,332
    Liquor stores revenue      0
    Insurance trust revenue(1)      40,833,523
       
Total expenditure      151,481,557
    Intergovernmental expenditure      50,527,547
    Direct expenditure      100,954,010
        Current operation      70,273,026
        Capital outlay      10,421,307
        Insurance benefits and repayments      14,047,025
        Assistance and subsidies      1,427,044
        Interest on debt      4,785,608
Exhibit: Salaries and wages      16,094,566
       
Total expenditure      151,481,557
General expenditure      124,893,677
        Intergovernmental expenditure      50,527,547
        Direct expenditure      74,366,130
       
    General expenditure, by function:       
        Education      37,089,372
        Public welfare      46,614,010
        Hospitals      4,599,507
        Health      6,746,318
        Highways      4,250,420
       
        Police protection      906,359
        Correction      3,126,230
        Natural resources      499,438
        Parks and recreation      577,578
        Governmental administration      5,057,604
       
        Interest on general debt      3,593,858
        Other and unallocable      11,832,983
       
    Utility expenditure      12,540,855
    Liquor stores expenditure      0
    Insurance trust expenditure      14,047,025
       
Debt at end of fiscal year      110,084,829
       
Cash and security holdings      347,342,895

(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