STATE GOVERNMENT FINANCES: 1997 Amount Percent Per South Carolina (in thousands) Distribution capita Population (thousands) 3,760 Total Revenue 13,804,751 100.00 3,671.48 General revenue 10,750,064 77.87 2,859.06 Intergovernmental revenue 3,161,523 22.90 840.83 Taxes 5,381,412 38.98 1,431.23 General sales 2,032,134 14.72 540.46 Selective sales 703,161 5.09 187.01 License taxes 411,179 2.98 109.36 Individual income tax 1,932,992 14.00 514.09 Corporate income tax 239,350 1.73 63.66 Other taxes 62,596 0.45 16.65 Current charges 1,599,571 11.59 425.42 Miscellaneous general revenue 607,558 4.40 161.58 Utility revenue 699,606 5.07 186.07 Liquor stores revenue 0 0.00 0.00 Insurance trust revenue 2,355,081 17.06 626.35 Total expenditure 12,847,221 100.00 3,416.81 Intergovernmental expenditure 2,929,143 22.80 779.03 Direct expenditure 9,918,078 77.20 2,637.79 Current operation 7,332,158 57.07 1,950.04 Capital outlay 844,018 6.57 224.47 Insurance benefits and repayments 1,080,349 8.41 287.33 Assistance and subsidies 287,892 2.24 76.57 Interest on debt 373,661 2.91 99.38 Exhibit: Salaries and wages 2,554,208 19.88 679.31 Total expenditure 12,847,221 100.00 3,416.81 General expenditure 11,127,158 86.61 2,959.35 Intergovernmental expenditure 2,929,143 22.80 779.03 Direct expenditure 8,198,015 63.81 2,180.32 General expenditure, by function: Education 3,902,910 30.38 1,038.01 Public welfare 2,621,547 20.41 697.22 Hospitals 611,090 4.76 162.52 Health 703,186 5.47 187.02 Highways 664,814 5.17 176.81 Police protection 159,579 1.24 42.44 Correction 429,244 3.34 114.16 Natural resources 173,793 1.35 46.22 Parks and recreation 49,562 0.39 13.18 Governmental administration 316,043 2.46 84.05 Interest on general debt 208,648 1.62 55.49 Other and unallocable 1,286,742 10.02 342.22 Utility expenditure 639,714 4.98 170.14 Liquor stores expenditure 0 0.00 0.00 Insurance trust expenditure 1,080,349 8.41 287.33 Debt at end of fiscal year 5,349,807 100.00 1,422.82 Cash and security holdings 20,139,801 100.00 5,356.33