Table 1: State and Local Government Finances by Level of Government and by State: 2003-04 Description State & Local State Local government government government Amount CV Amount Amount CV NJ Revenue 75,083,200 0.19 50,593,319 35,658,032 0.51 NJ NJ General revenue 61,593,291 0.22 37,908,851 34,852,591 0.47 NJ NJ Intergovernmental revenue 9,932,195 0.61 9,580,081 11,520,265 0.80 NJ From federal government 9,932,195 0.61 9,006,343 925,852 6.52 NJ From state government 0 0.00 0 10,594,413 0.64 NJ From local government 0 0.00 573,738 0 0.00 NJ NJ General revenue from own sources 51,661,096 0.24 28,328,770 23,332,326 0.53 NJ Taxes 39,558,277 0.30 20,986,204 18,572,073 0.64 NJ Property 18,229,254 0.64 3,660 18,225,594 0.64 NJ Sales and gross receipts 9,780,318 0.03 9,740,284 40,034 7.36 NJ General sales 6,261,700 0.00 6,261,700 0 0.00 NJ Selective sales 3,518,618 0.08 3,478,584 40,034 7.36 NJ Motor fuel 546,952 0.00 546,952 0 0.00 NJ Alchoholic beverage 87,357 0.00 87,357 0 0.00 NJ Tobacco products 777,512 0.00 777,512 0 0.00 NJ Public utilities 958,707 0.10 942,744 15,963 6.10 NJ Other selective sales 1,148,090 0.25 1,124,019 24,071 11.71 NJ Individual income tax 7,400,733 0.00 7,400,733 0 0.00 NJ Corporate income tax 1,896,998 0.00 1,896,998 0 0.00 NJ Motor vehicle license 398,691 0.00 398,691 0 0.00 NJ Other taxes 1,852,283 0.59 1,545,838 306,445 3.59 NJ NJ Charges and miscellaneous general revenue 12,102,819 0.37 7,342,566 4,760,253 0.94 NJ Current charges 7,609,340 0.50 4,316,948 3,292,392 1.14 NJ Education 2,552,795 0.01 1,723,257 829,538 0.03 NJ Institutions of higher education 2,090,705 0.00 1,675,872 414,833 0.00 NJ School lunch sales (gross) 258,083 0.09 0 258,083 0.09 NJ Hospitals 728,183 0.00 624,625 103,558 0.00 NJ Highways 899,284 0.00 716,535 182,749 0.00 NJ Air transportation (airports) 12,207 0.87 6,195 6,012 1.77 NJ Parking facilities 69,813 4.86 0 69,813 4.86 NJ Sea and inland port facilities 17,282 0.00 16,760 522 0.00 NJ Natural resources 64,401 0.11 61,976 2,425 2.81 NJ Parks and recreation 425,579 1.40 324,293 101,286 5.89 NJ Housing and community development 152,937 3.46 29,120 123,817 4.28 NJ Sewerage 1,135,353 2.78 23,178 1,112,175 2.83 NJ Solid waste management 459,114 2.30 60,663 398,451 2.65 NJ Other charges 1,092,392 0.59 730,346 362,046 1.78 NJ NJ Miscellaneous general revenue 4,493,479 0.34 3,025,618 1,467,861 1.04 NJ Interest earnings 1,267,454 0.38 909,922 357,532 1.35 NJ Special assessments 26,081 15.00 0 26,081 15.00 NJ Sale of property 91,016 5.83 7,719 83,297 6.37 NJ Other general revenue 3,108,928 0.43 2,107,977 1,000,951 1.33 NJ NJ Utility revenue 1,374,224 2.56 591,310 782,914 4.49 NJ Water supply 674,840 4.09 33,856 640,984 4.31 NJ Electric power 121,664 16.28 0 121,664 16.28 NJ Gas supply 0 0.00 0 0 0.00 NJ Transit 577,720 0.00 557,454 20,266 0.04 NJ NJ Liquor stores revenue 0 0.00 0 0 0.00 NJ NJ Insurance trust revenue 12,115,685 0.00 12,093,158 22,527 0.00 NJ Unemployment compensation 1,705,556 0.00 1,705,556 0 0.00 NJ Employee retirement 9,708,302 0.00 9,685,775 22,527 0.00 NJ Workers' compensation 194,660 0.00 194,660 0 0.00 NJ Other insurance trust revenue 507,167 0.00 507,167 0 0.00 NJ NJ Expenditure 72,659,977 0.32 46,455,897 36,220,682 0.63 NJ NJ By character and object: NJ Intergovernmental expenditure 91,688 0.00 9,813,688 294,602 0.09 NJ Direct expenditure 72,568,289 0.32 36,642,209 35,926,080 0.64 NJ Current operation 53,708,672 0.29 23,411,920 30,296,752 0.51 NJ Capital outlay 7,475,378 1.43 3,465,474 4,009,904 2.67 NJ Construction 5,951,486 1.59 2,750,908 3,200,578 2.96 NJ Other capital outlay 1,523,892 2.45 714,566 809,326 4.62 NJ Assistance and subsidies 761,380 0.01 471,762 289,618 0.03 NJ Interest on debt 2,480,870 0.70 1,161,198 1,319,672 1.33 NJ Insurance benefits and repayments 8,141,989 0.00 8,131,855 10,134 0.00 NJ Exhibit: Salaries and wages 19,325,185 0.29 3,129,159 16,196,026 0.34 NJ NJ Direct expenditure by function 72,568,289 0.32 36,642,209 35,926,080 0.64 NJ Direct general expenditure 61,223,847 0.35 26,250,796 34,973,051 0.61 NJ Capital outlay 6,353,300 1.62 2,573,729 3,779,571 2.72 NJ Other direct general expenditure 54,870,547 0.28 23,677,067 31,193,480 0.49 NJ NJ Education services: NJ Education 24,712,154 0.06 6,160,591 18,551,563 0.08 NJ Capital outlay 2,599,583 0.01 755,395 1,844,188 0.01 NJ Higher education 4,389,259 0.00 3,481,509 907,750 0.00 NJ Capital outlay 622,828 0.00 569,426 53,402 0.00 NJ Elementary & secondary 19,685,461 0.08 2,041,648 17,643,813 0.08 NJ Capital outlay 1,973,966 0.01 183,180 1,790,786 0.01 NJ Other education 637,434 0.00 637,434 0 0.00 NJ Libraries 349,547 4.74 6,190 343,357 4.82 NJ NJ Social services and income maintenance: NJ Public welfare 8,146,904 0.02 7,299,540 847,364 0.18 NJ Cash assistance payments 289,618 0.03 0 289,618 0.03 NJ Vendor payments 6,337,989 0.00 6,302,286 35,703 0.00 NJ Other public welfare 1,519,297 0.10 997,254 522,043 0.29 NJ Hospitals 1,653,932 0.00 1,517,101 136,831 0.01 NJ Capital outlay 36,051 0.00 32,485 3,566 0.00 NJ Health 1,156,552 0.41 739,554 416,998 1.13 NJ Social insurance administration 465,833 0.00 465,833 0 0.00 NJ Veterans services 10,035 0.00 10,035 0 0.00 NJ NJ Transportation: NJ Highways 3,259,710 0.84 2,120,686 1,139,024 2.41 NJ Capital outlay 1,841,726 0.96 1,434,014 407,712 4.31 NJ Air transportation (airports) 16,269 1.90 6,531 9,738 3.17 NJ Parking facilities 45,748 1.01 0 45,748 1.01 NJ Sea and inland port facilities 33,166 0.00 33,024 142 0.00 NJ Transit subsidies 0 0.00 0 0 0.00 NJ NJ Public safety: NJ Police protection 2,687,429 1.31 406,555 2,280,874 1.55 NJ Fire protection 727,815 1.61 0 727,815 1.61 NJ Correction 1,814,449 0.01 1,319,948 494,501 0.02 NJ Capital outlay 26,539 0.00 24,108 2,431 0.00 NJ Protective inspection and regulation 390,354 1.26 270,729 119,625 4.13 NJ NJ Environment and housing: NJ Natural resources 275,157 0.00 241,198 33,959 0.00 NJ Capital outlay 112,286 0.00 93,414 18,872 0.00 NJ Parks and recreation 871,335 2.33 391,215 480,120 4.22 NJ Capital outlay 138,196 13.67 8,477 129,719 14.56 NJ Housing and community development 1,012,043 1.40 231,230 780,813 1.82 NJ Sewerage 1,162,774 6.96 22,732 1,140,042 7.10 NJ Capital outlay 277,550 27.18 236 277,314 27.20 NJ Solid waste management 1,070,114 1.15 187,103 883,011 1.40 NJ Capital outlay 110,920 1.24 59,807 51,113 2.70 NJ NJ Governmental administration: NJ Financial administration 937,839 2.73 547,674 390,165 6.55 NJ Judicial and legal 1,125,983 0.39 659,830 466,153 0.94 NJ General public buildings 364,628 5.68 26,689 337,939 6.13 NJ Other governmental administration 422,051 3.09 116,128 305,923 4.27 NJ NJ Interest on general debt 2,409,451 0.71 1,156,794 1,252,657 1.36 NJ General expenditure, n.e.c NJ Miscellaneous commercial activities 0 0.00 0 0 0.00 NJ Other and unallocable 6,102,575 1.82 2,313,886 3,788,689 2.93 NJ NJ Utility expenditure 3,202,453 1.94 2,259,558 942,895 6.61 NJ Capital outlay 1,122,078 1.48 891,745 230,333 7.20 NJ Water supply 769,043 7.37 33,118 735,925 7.71 NJ Electric power 137,557 16.27 0 137,557 16.27 NJ Gas supply 386 63.44 0 386 63.44 NJ Transit 2,295,467 0.01 2,226,440 69,027 0.26 NJ NJ Liquor store expenditure 0 0.00 0 0 0.00 NJ NJ Insurance trust expenditure 8,141,989 0.00 8,131,855 10,134 0.00 NJ Unemployment compensation 2,358,612 0.00 2,358,612 0 0.00 NJ Employee retirement 5,154,897 0.00 5,144,763 10,134 0.00 NJ Workers' compensation 178,311 0.00 178,311 0 0.00 NJ Other insurance trust 450,169 0.00 450,169 0 0.00 NJ NJ Debt outstanding 64,272,311 0.72 35,770,241 28,502,070 1.62 NJ NJ Short-term 2,088,067 11.18 24,754 2,063,313 11.31 NJ Long-term 62,184,244 0.48 35,745,487 26,438,757 1.13 NJ Full faith and credit 21,421,347 1.39 3,281,700 18,139,647 1.64 NJ Nonguaranteed 40,762,897 0.19 32,463,787 8,299,110 0.95 NJ NJ Long-term debt by purpose NJ Public debt for private purposes 13,156,643 0.00 11,703,917 1,452,726 0.00 NJ Education 12,253,247 0.14 4,337,975 7,915,272 0.22 NJ Utilities 1,467,918 5.96 115,361 1,352,557 6.47 NJ Other 35,306,436 0.83 19,588,234 15,718,202 1.88 NJ NJ Long-term debt issued 10,400,980 1.08 6,643,398 3,757,582 2.98 NJ Long-term debt retired 6,964,665 0.63 4,484,767 2,479,898 1.78 NJ NJ Cash and security holdings 103,170,937 0.16 87,493,366 15,677,571 1.08 NJ NJ Insurance trust funds 54,823,833 0.00 54,722,379 101,454 0.00 NJ Unemployment compensation 1,148,232 0.00 1,148,232 0 0.00 NJ Employee retirement 53,508,138 0.00 53,406,684 101,454 0.00 NJ Workers' compensation 72,290 0.00 72,290 0 0.00 NJ Miscellaneous 95,173 0.00 95,173 0 0.00 NJ NJ Other than insurance trust funds 48,347,104 0.35 32,770,987 15,576,117 1.08 NJ Offsets to debt 16,122,415 0.07 13,317,821 2,804,594 0.40 NJ Bond funds 7,572,420 1.26 2,920,394 4,652,026 2.05 NJ Other 24,652,269 0.54 16,532,772 8,119,497 1.64