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STATE GOVERNMENT FINANCES: 2007
STATE: WEST 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      12,525,048
       
    General revenue      10,631,568
        Intergovernmental revenue      3,256,627
        Taxes      4,642,230
            General sales      1,129,531
            Selective sales      1,083,810
            License taxes      184,370
            Individual income tax      1,360,511
            Corporate income tax      539,136
            Other taxes      344,872
       
        Current charges      1,232,116
        Miscellaneous general revenue      1,500,595
       
    Utility revenue      544
    Liquor stores revenue      69,729
    Insurance trust revenue(1)      1,823,207
       
Total expenditure      10,165,499
    Intergovernmental expenditure      2,074,429
    Direct expenditure      8,091,070
        Current operation      5,962,561
        Capital outlay      943,538
        Insurance benefits and repayments      847,501
        Assistance and subsidies      161,837
        Interest on debt      175,633
Exhibit: Salaries and wages      1,380,391
       
Total expenditure      10,165,499
General expenditure      9,246,817
        Intergovernmental expenditure      2,074,429
        Direct expenditure      7,172,388
       
    General expenditure, by function:       
        Education      3,572,629
        Public welfare      2,434,315
        Hospitals      88,713
        Health      307,646
        Highways      975,292
       
        Police protection      61,691
        Correction      233,639
        Natural resources      178,911
        Parks and recreation      59,975
        Governmental administration      432,943
       
        Interest on general debt      175,633
        Other and unallocable      725,430
       
    Utility expenditure      12,076
    Liquor stores expenditure      59,105
    Insurance trust expenditure      847,501
       
Debt at end of fiscal year      5,628,065
       
Cash and security holdings      15,726,138

(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