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State Government Finances: 1999
(Amounts in thousands. Per capita amounts in dollars. Revised May 2002)
Item NEW MEXICO
Amount Percent Per Capita
   
Population (thousands, July 1, 1999) 1,740 (X) (X)
   
Total Revenue 8,756,881 100.00 5,032.69
   
   General revenue 7,160,654 81.77 4,115.32
      Intergovernmental revenue 2,071,418 23.65 1,190.47
      Taxes 3,454,440 39.45 1,985.31
         General sales 1,452,283 16.58 834.65
         Selective sales 504,389 5.76 289.88
         License taxes 194,151 2.22 111.58
         Individual income tax 809,569 9.24 465.27
         Corporate income tax 163,964 1.87 94.23
         Other taxes 330,084 3.77 189.70
      Current charges 635,519 7.26 365.24
      Miscellaneous general revenue 999,277 11.41 574.30
   Utility revenue - - -
   Liquor store revenue - - -
   Insurance trust revenue 1,596,227 18.23 917.37
   
Total expenditure 8,089,399 100.00 4,649.08
   Intergovernmental expenditure 2,366,077 29.25 1,359.81
   Direct expenditure 5,723,322 70.75 3,289.27
      Current operation 4,302,432 53.19 2,472.66
      Capital outlay 401,436 4.96 230.71
      Insurance benefits and repayments 655,144 8.10 376.52
      Assistance and subsidies 194,374 2.40 111.71
      Interest on debt 169,936 2.10 97.66
Exhibit: Salaries and wages 1,335,573 16.51 767.57
   
Total expenditure 8,089,399 100.00 4,649.08
   General expenditure 7,434,255 91.90 4,272.56
      Intergovernmental expenditure 2,366,077 29.25 1,359.81
      Direct expenditure 5,068,178 62.65 2,912.75
   
   General expenditures, by function    
      Education 2,800,929 34.62 1,609.73
      Public welfare 1,338,544 16.55 769.28
      Hospitals 332,311 4.11 190.98
      Health 274,677 3.40 157.86
      Highways 935,535 11.56 537.66
   
      Police protection 70,074 0.87 40.27
      Correction 208,104 2.57 119.60
      Natural resources 119,249 1.47 68.53
      Parks and recreation 44,942 0.56 25.83
      Government administration 298,793 3.69 171.72
   
      Interest on general debt 169,936 2.10 97.66
      Other and unallocable 841,161 10.40 483.43
   
   Utility expenditure - - -
   Liquor store expenditure - - -
   Insurance trust expenditure 655,144 8.10 376.52
   
Debt at end of fiscal year 3,158,463 100.00 1,815.21
Cash and security holdings 27,866,574 100.00 16,015.27
Population source: Internet table. Population Estimates Program, released December 29, 1999
Created: June 01 2002
Last Revised: May 14 2010