STATE GOVERNMENT FINANCES (Amounts are in thousands. Per capita in dollars.) Percent Per NORTH CAROLINA 1992 Distribution capita Population (thousands) 6,737 - - Total Revenue 17,663,941 100.0% 2,621.93 General revenue 14,980,885 84.8% 2,223.67 Intergovernmental revenue 4,017,596 22.7% 596.35 Taxes 9,009,742 51.0% 1,337.35 General sales 2,171,041 12.3% 322.26 Selective sales 1,801,940 10.2% 267.47 License taxes 601,150 3.4% 89.23 Individual income 3,583,018 20.3% 531.84 Corporation net income 643,865 3.6% 95.57 Other taxes 208,728 1.2% 30.98 Current charges 1,194,139 6.8% 177.25 Miscellaneous general revenue 759,408 4.3% 112.72 Utility revenue 0 0.0% 0.00 Liquor stores revenue 0 0.0% 0.00 Insurance trust revenue 2,683,056 15.2% 398.26 Total Expenditure 16,045,514 100.0% 2,381.70 Intergovernmental expenditure 5,523,219 34.4% 819.83 Direct expenditure 10,522,295 65.6% 1,561.87 Current operation 7,241,610 45.1% 1,074.90 Capital outlay 1,123,760 7.0% 166.80 Insurance benefits and repayments 1,374,370 8.6% 204.00 Assistance and subsidies 509,146 3.2% 75.57 Interest on debt 273,409 1.7% 40.58 Exhibit: Salaries and wages 2,707,150 16.9% 401.83 Total expenditure 16,045,514 100.0% 2,381.70 General expenditure 14,671,144 91.4% 2,177.70 Intergovernmental expenditure 5,523,219 34.4% 819.83 Direct expenditure 9,147,925 57.0% 1,357.86 General expenditure, by function: 0.00 Education 6,312,907 39.3% 937.05 Public welfare 2,948,994 18.4% 437.73 Hospitals 640,018 4.0% 95.00 Health 513,656 3.2% 76.24 Highways 1,448,093 9.0% 214.95 Police protection 148,812 0.9% 22.09 Correction 551,411 3.4% 81.85 Natural resources 279,626 1.7% 41.51 Parks and recreation 43,783 0.3% 6.50 Governmental administration 451,702 2.8% 67.05 Interest on general debt 273,409 1.7% 40.58 Other and unallocable 1,058,733 6.6% 157.15 Utility expenditure 0 0.0% 0.00 Liquor stores expenditure 0 0.0% 0.00 Insurance trust expenditure 1,374,370 8.6% 204.00 Debt at end of fiscal year 3,819,102 100.0% 566.88 Cash and Security Holdings 26,019,047 100.0% 3,862.11