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 NC Revenue 63,458,302 0.13 44,371,161 29,694,272 0.35 NC NC General revenue 48,767,991 0.16 32,951,167 26,423,955 0.40 NC NC Intergovernmental revenue 11,909,639 0.20 11,608,798 10,907,972 0.78 NC From federal government 11,909,639 0.20 11,044,533 865,106 2.75 NC From state government 0 0.00 0 10,042,866 0.86 NC From local government 0 0.00 564,265 0 0.00 NC NC General revenue from own sources 36,858,352 0.21 21,342,369 15,515,983 0.50 NC Taxes 25,012,464 0.08 16,836,454 8,176,010 0.25 NC Property 6,093,170 0.30 0 6,093,170 0.30 NC Sales and gross receipts 8,951,045 0.06 7,269,201 1,681,844 0.32 NC General sales 5,879,211 0.08 4,351,822 1,527,389 0.30 NC Selective sales 3,071,834 0.10 2,917,379 154,455 1.95 NC Motor fuel 1,272,612 0.00 1,272,612 0 0.00 NC Alchoholic beverage 244,580 0.58 212,224 32,356 4.39 NC Tobacco products 43,733 0.00 43,733 0 0.00 NC Public utilities 319,730 0.00 319,730 0 0.00 NC Other selective sales 1,191,179 0.23 1,069,080 122,099 2.23 NC Individual income tax 7,510,978 0.00 7,510,978 0 0.00 NC Corporate income tax 837,085 0.00 837,085 0 0.00 NC Motor vehicle license 467,370 0.05 440,180 27,190 0.78 NC Other taxes 1,152,816 0.59 779,010 373,806 1.83 NC NC Charges and miscellaneous general revenue 11,845,888 0.66 4,505,915 7,339,973 1.06 NC Current charges 8,861,616 0.80 2,794,075 6,067,541 1.17 NC Education 2,460,889 0.11 1,881,550 579,339 0.45 NC Institutions of higher education 2,153,117 0.09 1,868,934 284,183 0.71 NC School lunch sales (gross) 235,592 0.65 0 235,592 0.65 NC Hospitals 3,404,712 2.01 604,331 2,800,381 2.44 NC Highways 23,859 0.00 23,859 0 0.00 NC Air transportation (airports) 200,037 1.98 0 200,037 1.98 NC Parking facilities 22,803 0.07 0 22,803 0.07 NC Sea and inland port facilities 29,246 0.00 29,246 0 0.00 NC Natural resources 27,759 1.99 27,564 195 283.18 NC Parks and recreation 111,667 0.82 8,235 103,432 0.88 NC Housing and community development 84,226 0.38 12,033 72,193 0.44 NC Sewerage 1,080,214 1.38 1 1,080,213 1.38 NC Solid waste management 382,692 1.46 387 382,305 1.46 NC Other charges 1,033,512 0.66 206,869 826,643 0.83 NC NC Miscellaneous general revenue 2,984,272 1.05 1,711,840 1,272,432 2.47 NC Interest earnings 1,160,613 0.40 710,430 450,183 1.04 NC Special assessments 23,972 20.53 0 23,972 20.53 NC Sale of property 20,740 1.25 31 20,709 1.25 NC Other general revenue 1,778,947 1.73 1,001,379 777,568 3.95 NC NC Utility revenue 2,803,186 0.26 0 2,803,186 0.26 NC Water supply 503,339 1.35 0 503,339 1.35 NC Electric power 2,115,414 0.19 0 2,115,414 0.19 NC Gas supply 152,333 2.28 0 152,333 2.28 NC Transit 32,100 0.78 0 32,100 0.78 NC NC Liquor stores revenue 412,789 0.49 0 412,789 0.49 NC NC Insurance trust revenue 11,474,336 0.00 11,419,994 54,342 0.00 NC Unemployment compensation 1,086,455 0.00 1,086,455 0 0.00 NC Employee retirement 10,387,881 0.00 10,333,539 54,342 0.00 NC Workers' compensation 0 0.00 0 0 0.00 NC Other insurance trust revenue 0 0.00 0 0 0.00 NC NC Expenditure 56,543,317 0.36 37,050,568 30,237,281 0.68 NC NC By character and object: NC Intergovernmental expenditure 0 0.00 10,326,743 417,789 0.81 NC Direct expenditure 56,543,317 0.36 26,723,825 29,819,492 0.68 NC Current operation 43,229,110 0.36 18,871,108 24,358,002 0.64 NC Capital outlay 6,683,954 1.02 2,961,676 3,722,278 1.84 NC Construction 5,169,629 1.13 2,339,868 2,829,761 2.07 NC Other capital outlay 1,514,325 1.70 621,808 892,517 2.88 NC Assistance and subsidies 962,329 0.28 511,322 451,007 0.60 NC Interest on debt 1,708,328 0.89 440,626 1,267,702 1.19 NC Insurance benefits and repayments 3,959,596 0.00 3,939,093 20,503 0.00 NC Exhibit: Salaries and wages 18,768,469 0.20 6,142,326 12,626,143 0.30 NC NC Direct expenditure by function 56,543,317 0.36 26,723,825 29,819,492 0.68 NC Direct general expenditure 48,490,178 0.24 22,682,333 25,807,845 0.44 NC Capital outlay 5,706,691 0.95 2,941,197 2,765,494 1.96 NC Other direct general expenditure 42,783,487 0.18 19,741,136 23,042,351 0.34 NC NC Education services: NC Education 17,240,332 0.15 6,051,874 11,188,458 0.23 NC Capital outlay 1,801,727 1.35 710,440 1,091,287 2.23 NC Higher education 6,744,950 0.09 5,422,304 1,322,646 0.44 NC Capital outlay 860,269 0.17 685,414 174,855 0.83 NC Elementary & secondary 10,042,713 0.25 176,901 9,865,812 0.25 NC Capital outlay 938,894 2.50 22,462 916,432 2.56 NC Other education 452,669 0.00 452,669 0 0.00 NC Libraries 193,533 0.56 6,534 186,999 0.58 NC NC Social services and income maintenance: NC Public welfare 8,570,016 0.08 7,328,124 1,241,892 0.58 NC Cash assistance payments 724,018 0.37 273,011 451,007 0.60 NC Vendor payments 6,383,238 0.00 6,365,123 18,115 0.08 NC Other public welfare 1,462,760 0.43 689,990 772,770 0.81 NC Hospitals 3,708,020 1.01 1,107,043 2,600,977 1.44 NC Capital outlay 195,039 2.99 11,081 183,958 3.17 NC Health 2,243,408 0.46 761,167 1,482,241 0.70 NC Social insurance administration 137,525 0.00 137,525 0 0.00 NC Veterans services 10,508 0.00 10,508 0 0.00 NC NC Transportation: NC Highways 3,467,868 0.51 3,006,879 460,989 3.85 NC Capital outlay 2,103,097 0.74 1,941,032 162,065 9.64 NC Air transportation (airports) 357,326 9.11 5,902 351,424 9.26 NC Parking facilities 17,668 0.00 0 17,668 0.00 NC Sea and inland port facilities 52,355 0.00 52,355 0 0.00 NC Transit subsidies 10,839 0.00 0 10,839 0.00 NC NC Public safety: NC Police protection 1,622,548 0.41 350,927 1,271,621 0.53 NC Fire protection 624,054 1.20 0 624,054 1.20 NC Correction 1,325,572 0.18 1,039,212 286,360 0.83 NC Capital outlay 61,693 2.64 49,850 11,843 13.76 NC Protective inspection and regulation 194,082 0.95 107,871 86,211 2.13 NC NC Environment and housing: NC Natural resources 639,656 0.27 491,039 148,617 1.16 NC Capital outlay 180,201 0.21 110,732 69,469 0.54 NC Parks and recreation 680,335 0.80 140,364 539,971 1.00 NC Capital outlay 209,121 1.63 27,794 181,327 1.88 NC Housing and community development 785,272 1.48 137,213 648,059 1.80 NC Sewerage 754,764 1.78 765 753,999 1.79 NC Capital outlay 39,809 0.04 11 39,798 0.04 NC Solid waste management 639,456 0.57 61,633 577,823 0.63 NC Capital outlay 49,388 3.34 370 49,018 3.36 NC NC Governmental administration: NC Financial administration 458,092 0.50 209,225 248,867 0.92 NC Judicial and legal 492,229 2.07 431,034 61,195 16.67 NC General public buildings 328,467 5.71 28,558 299,909 6.25 NC Other governmental administration 533,622 4.34 60,602 473,020 4.90 NC NC Interest on general debt 1,314,386 0.95 440,626 873,760 1.43 NC General expenditure, n.e.c NC Miscellaneous commercial activities 12,086 8.34 1,022 11,064 9.11 NC Other and unallocable 2,076,159 3.09 714,331 1,361,828 4.71 NC NC Utility expenditure 3,750,222 3.71 102,399 3,647,823 3.82 NC Capital outlay 977,263 3.70 20,479 956,784 3.78 NC Water supply 1,034,965 4.62 31 1,034,934 4.62 NC Electric power 2,081,071 5.29 139 2,080,932 5.29 NC Gas supply 167,191 12.76 0 167,191 12.76 NC Transit 466,995 1.11 102,229 364,766 1.43 NC NC Liquor store expenditure 343,321 6.59 0 343,321 6.59 NC NC Insurance trust expenditure 3,959,596 0.00 3,939,093 20,503 0.00 NC Unemployment compensation 1,188,773 0.00 1,188,773 0 0.00 NC Employee retirement 2,770,823 0.00 2,750,320 20,503 0.00 NC Workers' compensation 0 0.00 0 0 0.00 NC Other insurance trust 0 0.00 0 0 0.00 NC NC Debt outstanding 37,973,459 0.63 14,102,900 23,870,559 1.00 NC NC Short-term 111,819 1.55 24,291 87,528 1.98 NC Long-term 37,861,640 0.63 14,078,609 23,783,031 1.00 NC Full faith and credit 16,088,014 1.00 6,668,828 9,419,186 1.71 NC Nonguaranteed 21,773,626 0.71 7,409,781 14,363,845 1.07 NC NC Long-term debt by purpose NC Public debt for private purposes 7,923,276 0.51 6,147,727 1,775,549 2.26 NC Education 9,159,764 1.30 3,850,399 5,309,365 2.24 NC Utilities 7,537,570 1.16 0 7,537,570 1.16 NC Other 13,241,030 0.98 4,080,483 9,160,547 1.41 NC NC Long-term debt issued 8,160,010 0.99 3,774,534 4,385,476 1.85 NC Long-term debt retired 5,436,501 0.95 1,818,466 3,618,035 1.43 NC NC Cash and security holdings 89,455,846 0.13 73,703,368 15,752,478 0.74 NC NC Insurance trust funds 58,640,265 0.00 58,310,994 329,271 0.00 NC Unemployment compensation -245,550 0.00 -245,550 0 0.00 NC Employee retirement 58,885,815 0.00 58,556,544 329,271 0.00 NC Workers' compensation 0 0.00 0 0 0.00 NC Miscellaneous 0 0.00 0 0 0.00 NC NC Other than insurance trust funds 30,815,581 0.38 15,392,374 15,423,207 0.76 NC Offsets to debt 8,270,497 0.52 6,209,676 2,060,821 2.08 NC Bond funds 2,373,242 0.64 553,195 1,820,047 0.84 NC Other 20,171,842 0.47 8,629,503 11,542,339 0.82