| STATE GOVERNMENT FINANCES: 2007 |
| STATE: VIRGINIA |
| (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 | 47,251,108 |
| General revenue | 35,240,827 |
| Intergovernmental revenue | 6,883,654 |
| Taxes | 18,666,687 |
| General sales | 3,634,588 |
| Selective sales | 2,461,354 |
| License taxes | 673,592 |
| Individual income tax | 10,238,776 |
| Corporate income tax | 879,575 |
| Other taxes | 778,802 |
| Current charges | 5,887,307 |
| Miscellaneous general revenue | 3,803,179 |
| Utility revenue | 0 |
| Liquor stores revenue | 502,403 |
| Insurance trust revenue | 11,507,878 |
| Total expenditure | 36,774,042 |
| Intergovernmental expenditure | 10,438,607 |
| Direct expenditure | 26,335,435 |
| Current operation | 19,362,185 |
| Capital outlay | 2,315,170 |
| Insurance benefits and repayments | 2,651,593 |
| Assistance and subsidies | 1,184,514 |
| Interest on debt | 821,973 |
| Exhibit: Salaries and wages | 5,795,140 |
| Total expenditure | 36,774,042 |
| General expenditure | 33,652,244 |
| Intergovernmental expenditure | 10,438,607 |
| Direct expenditure | 23,213,637 |
| General expenditure, by function: | |
| Education | 13,185,813 |
| Public welfare | 6,982,641 |
| Hospitals | 2,541,320 |
| Health | 944,144 |
| Highways | 2,633,577 |
| Police protection | 661,221 |
| Correction | 1,425,372 |
| Natural resources | 225,791 |
| Parks and recreation | 166,471 |
| Governmental administration | 1,133,538 |
| Interest on general debt | 821,973 |
| Other and unallocable | 2,930,383 |
| Utility expenditure | 59,930 |
| Liquor stores expenditure | 410,275 |
| Insurance trust expenditure | 2,651,593 |
| Debt at end of fiscal year | 19,683,529 |
| Cash and security holdings | 79,117,816 |
| Created: November 19, 2008 Last Revised: December 11, 2009 |
|
