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|STATE GOVERNMENT FINANCES: 2007|
|STATE: SOUTH CAROLINA|
|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.|
|Individual income tax||3,239,468|
|Corporate income tax||311,902|
|Miscellaneous general revenue||1,581,983|
|Liquor stores revenue||0|
|Insurance trust revenue(1)||5,187,323|
|Insurance benefits and repayments||2,310,807|
|Assistance and subsidies||861,432|
|Interest on debt||735,705|
|Exhibit: Salaries and wages||3,360,557|
|General expenditure, by function:|
|Parks and recreation||117,228|
|Interest on general debt||550,200|
|Other and unallocable||2,008,972|
|Liquor stores expenditure||0|
|Insurance trust expenditure||2,310,807|
|Debt at end of fiscal year||14,981,290|
|Cash and security holdings||44,819,892|
|(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