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

                                                      Percent           Per
CALIFORNIA                                   1993 Distribution       capita

Population (thousands)                     30,380           -             -
Total Revenue                         108,901,718       100.0%     3,584.65
  General revenue                      85,088,101        78.1%     2,800.79
    Intergovernmental revenue          25,478,358        23.4%       838.66
    Taxes                              49,418,058        45.4%     1,626.66
      General sales                    16,671,614        15.3%       548.77
      Selective sales                   4,903,070         4.5%       161.39
      License taxes                     2,489,623         2.3%        81.95
      Individual income                17,200,000        15.8%       566.16
      Corporation net income            4,727,879         4.3%       155.62
      Other taxes                       3,425,872         3.1%       112.77
    Current charges                     5,964,781         5.5%       196.34
    Miscellaneous general revenue       4,226,904         3.9%       139.13
  Utility revenue                         172,769         0.2%         5.69
  Liquor stores revenue                         0         0.0%         0.00
  Insurance trust revenue              23,640,848        21.7%       778.17

Total Expenditure                     104,567,486       100.0%     3,441.98
  Intergovernmental expenditure        44,176,628        42.2%     1,454.14
  Direct expenditure                   60,390,858        57.8%     1,987.85
    Current operation                  37,815,307        36.2%     1,244.74
    Capital outlay                      3,857,935         3.7%       126.99
    Insurance benefits and repayments  15,435,033        14.8%       508.07
    Assistance and subsidies              747,242         0.7%        24.60
    Interest on debt                    2,535,341         2.4%        83.45
Exhibit:  Salaries and wages           11,967,508        11.4%       393.93

Total expenditure                     104,567,486       100.0%     3,441.98
  General expenditure                  89,037,012        85.1%     2,930.78
        Intergovernmental expenditure  44,176,628        42.2%     1,454.14
        Direct expenditure             44,860,384        42.9%     1,476.64
  General expenditure, by function:
      Education                        31,281,571        29.9%     1,029.68
      Public welfare                   25,118,234        24.0%       826.80
      Hospitals                         2,818,232         2.7%        92.77
      Health                            4,391,129         4.2%       144.54
      Highways                          4,592,900         4.4%       151.18
      Police protection                   825,796         0.8%        27.18
      Correction                        3,050,401         2.9%       100.41
      Natural resources                 1,604,926         1.5%        52.83
      Parks and recreation                246,060         0.2%         8.10
      Governmental administration       2,949,356         2.8%        97.08
      Interest on general debt          2,494,708         2.4%        82.12
      Other and unallocable             9,663,699         9.2%       318.09
  Utility expenditure                      95,441         0.1%         3.14
  Liquor stores expenditure                     0         0.0%         0.00
  Insurance trust expenditure          15,435,033        14.8%       508.07

Debt at end of fiscal year             41,294,944       100.0%     1,359.28

Cash and Security Holdings            148,092,273       100.0%     4,874.66