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STATE GOVERNMENT FINANCES: 2007
STATE: RHODE ISLAND
(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      8,411,738
       
    General revenue      6,273,109
        Intergovernmental revenue      2,086,752
        Taxes      2,766,046
            General sales      875,619
            Selective sales      480,968
            License taxes      94,012
            Individual income tax      1,085,600
            Corporate income tax      179,168
            Other taxes      50,679
       
        Current charges      568,711
        Miscellaneous general revenue      851,600
       
    Utility revenue      31,646
    Liquor stores revenue      0
    Insurance trust revenue(1)      2,106,983
       
Total expenditure      7,071,396
    Intergovernmental expenditure      1,063,067
    Direct expenditure      6,008,329
        Current operation      4,077,459
        Capital outlay      390,998
        Insurance benefits and repayments      1,036,959
        Assistance and subsidies      125,455
        Interest on debt      377,458
Exhibit: Salaries and wages      1,083,955
       
Total expenditure      7,071,396
General expenditure      5,909,356
        Intergovernmental expenditure      1,063,067
        Direct expenditure      4,846,289
       
    General expenditure, by function:       
        Education      1,660,195
        Public welfare      2,079,486
        Hospitals      93,996
        Health      162,119
        Highways      263,915
       
        Police protection      60,470
        Correction      178,364
        Natural resources      43,561
        Parks and recreation      9,298
        Governmental administration      380,956
       
        Interest on general debt      377,458
        Other and unallocable      599,538
       
    Utility expenditure      125,081
    Liquor stores expenditure      0
    Insurance trust expenditure      1,036,959
       
Debt at end of fiscal year      8,380,330
       
Cash and security holdings      16,967,285

(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