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STATE GOVERNMENT FINANCES: 2007
STATE: OKLAHOMA
(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      22,202,900
       
    General revenue      17,107,384
        Intergovernmental revenue      5,406,356
        Taxes      8,140,573
            General sales      1,964,098
            Selective sales      975,897
            License taxes      835,938
            Individual income tax      2,774,851
            Corporate income tax      561,375
            Other taxes      1,028,414
       
        Current charges      1,929,587
        Miscellaneous general revenue      1,630,868
       
    Utility revenue      476,320
    Liquor stores revenue      0
    Insurance trust revenue(1)      4,619,196
       
Total expenditure      18,051,875
    Intergovernmental expenditure      4,014,883
    Direct expenditure      14,036,992
        Current operation      10,042,003
        Capital outlay      1,380,559
        Insurance benefits and repayments      1,829,545
        Assistance and subsidies      288,671
        Interest on debt      496,214
Exhibit: Salaries and wages      2,939,901
       
Total expenditure      18,051,875
General expenditure      15,793,864
        Intergovernmental expenditure      4,014,883
        Direct expenditure      11,778,981
       
    General expenditure, by function:       
        Education      6,438,290
        Public welfare      4,432,291
        Hospitals      167,555
        Health      704,210
        Highways      1,285,952
       
        Police protection      145,801
        Correction      586,836
        Natural resources      204,439
        Parks and recreation      96,914
        Governmental administration      532,516
       
        Interest on general debt      434,980
        Other and unallocable      764,080
       
    Utility expenditure      428,466
    Liquor stores expenditure      0
    Insurance trust expenditure      1,829,545
       
Debt at end of fiscal year      8,667,100
       
Cash and security holdings      38,542,690

(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