STATE GOVERNMENT FINANCES
(Amounts are in thousands.  Per capita in dollars.)

                                                      Percent           Per
MISSOURI                                     1992 Distribution       capita

Population (thousands)                      5,158           -             -
Total Revenue                          11,619,246       100.0%     2,252.66
  General revenue                       9,872,284        85.0%     1,913.98
    Intergovernmental revenue           2,956,376        25.4%       573.16
    Taxes                               5,131,360        44.2%       994.84
      General sales                     1,916,680        16.5%       371.59
      Selective sales                     671,959         5.8%       130.28
      License taxes                       407,396         3.5%        78.98
      Individual income                 1,844,004        15.9%       357.50
      Corporation net income              229,730         2.0%        44.54
      Other taxes                          61,591         0.5%        11.94
    Current charges                       816,448         7.0%       158.29
    Miscellaneous general revenue         968,100         8.3%       187.69
  Utility revenue                               0         0.0%         0.00
  Liquor stores revenue                         0         0.0%         0.00
  Insurance trust revenue               1,746,962        15.0%       338.69

Total Expenditure                      10,445,849       100.0%     2,025.17
  Intergovernmental expenditure         2,773,013        26.5%       537.61
  Direct expenditure                    7,672,836        73.5%     1,487.56
    Current operation                   5,311,631        50.8%     1,029.78
    Capital outlay                        712,495         6.8%       138.13
    Insurance benefits and repayments     932,806         8.9%       180.85
    Assistance and subsidies              321,312         3.1%        62.29
    Interest on debt                      394,592         3.8%        76.50
Exhibit:  Salaries and wages            1,914,685        18.3%       371.21

Total expenditure                      10,445,849       100.0%     2,025.17
  General expenditure                   9,513,043        91.1%     1,844.33
        Intergovernmental expenditure   2,773,013        26.5%       537.61
        Direct expenditure              6,740,030        64.5%     1,306.71
  General expenditure, by function:
      Education                         3,529,312        33.8%       684.24
      Public welfare                    2,516,484        24.1%       487.88
      Hospitals                           388,183         3.7%        75.26
      Health                              333,158         3.2%        64.59
      Highways                            958,218         9.2%       185.77
      Police protection                    97,446         0.9%        18.89
      Correction                          201,873         1.9%        39.14
      Natural resources                   213,410         2.0%        41.37
      Parks and recreation                 32,012         0.3%         6.21
      Governmental administration         311,022         3.0%        60.30
      Interest on general debt            394,592         3.8%        76.50
      Other and unallocable               537,333         5.1%       104.17
  Utility expenditure                           0         0.0%         0.00
  Liquor stores expenditure                     0         0.0%         0.00
  Insurance trust expenditure             932,806         8.9%       180.85

Debt at end of fiscal year              6,301,143       100.0%     1,221.63

Cash and Security Holdings             17,773,841       100.0%     3,445.88