STATE GOVERNMENT FINANCES 1996 Amount Percent Per South Carolina (in thousands) Distribution capita Population (thousands) 3,699 Total Revenue 12,601,859 100.0 3,406.83 General revenue 10,260,863 81.4 2,773.96 Intergovernmental revenue 3,187,100 25.3 861.61 Taxes 5,113,034 40.6 1,382.27 General sales 1,919,340 15.2 518.88 Selective sales 684,362 5.4 185.01 License taxes 389,432 3.1 105.28 Individual income 1,813,461 14.4 490.26 Corporation net income 250,867 2.0 67.82 Other taxes 55,572 .4 15.02 Current charges 1,413,835 11.2 382.22 Miscellaneous general revenue 546,894 4.3 147.85 Utility revenue 643,838 5.1 174.06 Liquor stores revenue 0 .0 .00 Insurance trust revenue 1,697,158 13.5 458.82 Total Expenditure 12,399,928 100.0 3,352.24 Intergovernmental expenditure 2,720,441 21.9 735.45 Direct expenditure 9,679,487 78.1 2,616.78 Current operation 7,159,231 57.7 1,935.45 Capital outlay 825,810 6.7 223.25 Insurance benefits and repayments 1,062,065 8.6 287.12 Assistance and subsidies 282,451 2.3 76.36 Interest on debt 349,930 2.8 94.60 Exhibit: Salaries and wages 2,462,015 19.9 665.59 Total expenditure 12,399,928 100.0 3,352.24 General expenditure 10,683,485 86.2 2,888.21 Intergovernmental expenditure 2,720,441 21.9 735.45 Direct expenditure 7,963,044 64.2 2,152.76 General expenditure, by function: Education 3,832,467 30.9 1,036.08 Public welfare 2,554,452 20.6 690.58 Hospitals 597,611 4.8 161.56 Health 710,015 5.7 191.95 Highways 615,953 5.0 166.52 Police protection 140,200 1.1 37.90 Correction 391,366 3.2 105.80 Natural resources 171,254 1.4 46.30 Parks and recreation 51,092 .4 13.81 Governmental administration 261,953 2.1 70.82 Interest on general debt 184,813 1.5 49.96 Other and unallocable 1,172,309 9.5 316.93 Utility expenditure 654,378 5.3 176.91 Liquor stores expenditure 0 .0 .00 Insurance trust expenditure 1,062,065 8.6 287.12 Debt at end of fiscal year 5,324,200 100.0 1,439.36 Cash and Security Holdings 18,467,925 100.0 4,992.68