U.S. Department of Commerce

State Government Finances

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STATE GOVERNMENT FINANCES: 2010
STATE: MASSACHUSETTS
(Thousand Dollars)
 
Source: 2010 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/10_methodology.pdf.

Item       Amount      
Total revenue      50,471,792
       
    General revenue      42,208,719
        Intergovernmental revenue      13,326,217
        Taxes      20,050,292
            General sales      4,625,682
            Selective sales      2,147,899
            License taxes      859,728
            Individual income tax      10,128,035
            Corporate income tax      1,834,859
            Other taxes      454,089
       
        Current charges      4,271,134
        Miscellaneous general revenue      4,561,076
       
    Utility revenue      210,660
    Liquor stores revenue      0
    Insurance trust revenue(1)      8,052,413
       
Total expenditure      51,730,861
    Intergovernmental expenditure      9,107,584
    Direct expenditure      42,623,277
        Current operation      26,026,862
        Capital outlay      2,622,632
        Insurance benefits and repayments      9,680,390
        Assistance and subsidies      788,798
        Interest on debt      3,504,595
Exhibit: Salaries and wages      5,159,661
       
Total expenditure      51,730,861
General expenditure      41,784,126
        Intergovernmental expenditure      9,107,584
        Direct expenditure      32,676,542
       
    General expenditure, by function:       
        Education      11,879,337
        Public welfare      13,772,343
        Hospitals      486,992
        Health      1,054,843
        Highways      1,948,609
       
        Police protection      624,631
        Correction      1,203,611
        Natural resources      398,124
        Parks and recreation      198,702
        Governmental administration      1,654,559
       
        Interest on general debt      3,417,904
        Other and unallocable      5,144,471
       
    Utility expenditure      266,345
    Liquor stores expenditure      0
    Insurance trust expenditure      9,680,390
       
Debt at end of fiscal year      73,939,716
       
Cash and security holdings      88,581,871

(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 12, 2011
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