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

                                                      Percent           Per
WISCONSIN                                    1992 Distribution       capita

Population (thousands)                      4,955           -             -
Total Revenue                          17,608,614       100.0%     3,553.71
  General revenue                      12,584,972        71.5%     2,539.85
    Intergovernmental revenue           3,015,338        17.1%       608.54
    Taxes                               7,389,207        42.0%     1,491.26
      General sales                     2,127,315        12.1%       429.33
      Selective sales                   1,116,359         6.3%       225.30
      License taxes                       422,373         2.4%        85.24
      Individual income                 3,142,211        17.8%       634.15
      Corporation net income              437,689         2.5%        88.33
      Other taxes                         143,260         0.8%        28.91
    Current charges                     1,231,314         7.0%       248.50
    Miscellaneous general revenue         949,113         5.4%       191.55
  Utility revenue                               0         0.0%         0.00
  Liquor stores revenue                         0         0.0%         0.00
  Insurance trust revenue               5,023,642        28.5%     1,013.85

Total Expenditure                      13,595,620       100.0%     2,743.82
  Intergovernmental expenditure         4,845,330        35.6%       977.87
  Direct expenditure                    8,750,290        64.4%     1,765.95
    Current operation                   5,591,741        41.1%     1,128.50
    Capital outlay                        771,504         5.7%       155.70
    Insurance benefits and repayments   1,337,540         9.8%       269.94
    Assistance and subsidies              550,527         4.0%       111.11
    Interest on debt                      498,978         3.7%       100.70
Exhibit:  Salaries and wages            2,043,091        15.0%       412.33

Total expenditure                      13,595,620       100.0%     2,743.82
  General expenditure                  12,258,080        90.2%     2,473.88
        Intergovernmental expenditure   4,845,330        35.6%       977.87
        Direct expenditure              7,412,750        54.5%     1,496.01
  General expenditure, by function:
      Education                         4,191,273        30.8%       845.87
      Public welfare                    2,809,436        20.7%       566.99
      Hospitals                           392,025         2.9%        79.12
      Health                              439,166         3.2%        88.63
      Highways                            853,627         6.3%       172.28
      Police protection                    53,072         0.4%        10.71
      Correction                          338,479         2.5%        68.31
      Natural resources                   238,610         1.8%        48.16
      Parks and recreation                 39,258         0.3%         7.92
      Governmental administration         299,662         2.2%        60.48
      Interest on general debt            498,978         3.7%       100.70
      Other and unallocable             2,104,494        15.5%       424.72
  Utility expenditure                           0         0.0%         0.00
  Liquor stores expenditure                     0         0.0%         0.00
  Insurance trust expenditure           1,337,540         9.8%       269.94

Debt at end of fiscal year              7,298,851       100.0%     1,473.03

Cash and Security Holdings             29,209,682       100.0%     5,894.99