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State Government Finances: 1999
(Amounts in thousands. Per capita amounts in dollars. Revised May 2002)
Item NEW JERSEY
Amount Percent Per Capita
   
Population (thousands, July 1, 1999) 8,143 (X) (X)
   
Total Revenue 39,149,997 100.00 4,807.81
   
   General revenue 29,708,463 75.88 3,648.34
      Intergovernmental revenue 7,120,257 18.19 874.40
      Taxes 16,926,417 43.23 2,078.65
         General sales 5,054,438 12.91 620.71
         Selective sales 2,928,416 7.48 359.62
         License taxes 756,784 1.93 92.94
         Individual income tax 6,323,893 16.15 776.60
         Corporate income tax 1,333,955 3.41 163.82
         Other taxes 528,931 1.35 64.96
      Current charges 3,019,656 7.71 370.83
      Miscellaneous general revenue 2,642,133 6.75 324.47
   Utility revenue 484,676 1.24 59.52
   Liquor store revenue - - -
   Insurance trust revenue 8,956,858 22.88 1,099.95
   
Total expenditure 32,058,406 100.00 3,936.93
   Intergovernmental expenditure 7,798,959 24.33 957.75
   Direct expenditure 24,259,447 75.67 2,979.18
      Current operation 16,017,095 49.96 1,966.98
      Capital outlay 2,185,455 6.82 268.38
      Insurance benefits and repayments 4,570,423 14.26 561.27
      Assistance and subsidies 302,770 0.94 37.18
      Interest on debt 1,183,704 3.69 145.36
Exhibit: Salaries and wages 5,906,426 18.42 725.34
   
Total expenditure 32,058,406 100.00 3,936.93
   General expenditure 25,830,903 80.57 3,172.16
      Intergovernmental expenditure 7,798,959 24.33 957.75
      Direct expenditure 18,031,944 56.25 2,214.41
   
   General expenditures, by function    
      Education 8,514,253 26.56 1,045.59
      Public welfare 5,338,251 16.65 655.56
      Hospitals 964,339 3.01 118.43
      Health 698,841 2.18 85.82
      Highways 1,612,732 5.03 198.05
   
      Police protection 301,832 0.94 37.07
      Correction 1,102,801 3.44 135.43
      Natural resources 284,718 0.89 34.96
      Parks and recreation 302,758 0.94 37.18
      Government administration 1,151,805 3.59 141.45
   
      Interest on general debt 1,176,200 3.67 144.44
      Other and unallocable 4,382,373 13.67 538.18
   
   Utility expenditure 1,657,080 5.17 203.50
   Liquor store expenditure - - -
   Insurance trust expenditure 4,570,423 14.26 561.27
   
Debt at end of fiscal year 27,931,901 100.00 3,430.17
Cash and security holdings 74,526,148 100.00 9,152.17
Population source: Internet table. Population Estimates Program, released December 29, 1999
Created: June 01 2002
Last Revised: May 14 2010