STATE GOVERNMENT FINANCES (Amounts are in thousands. Per capita in dollars.) Percent Per IOWA 1993 Distribution capita Population (thousands) 2,795 - - Total Revenue 8,224,098 100.0% 2,942.43 General revenue 7,123,434 86.6% 2,548.63 Intergovernmental revenue 1,888,764 23.0% 675.77 Taxes 3,901,719 47.4% 1,395.96 General sales 1,251,900 15.2% 447.91 Selective sales 554,647 6.7% 198.44 License taxes 377,423 4.6% 135.04 Individual income 1,467,019 17.8% 524.87 Corporation net income 167,046 2.0% 59.77 Other taxes 83,684 1.0% 29.94 Current charges 849,052 10.3% 303.78 Miscellaneous general revenue 483,899 5.9% 173.13 Utility revenue 0 0.0% 0.00 Liquor stores revenue 83,882 1.0% 30.01 Insurance trust revenue 1,016,782 12.4% 363.79 Total Expenditure 7,766,918 100.0% 2,778.86 Intergovernmental expenditure 2,287,463 29.5% 818.41 Direct expenditure 5,479,455 70.5% 1,960.45 Current operation 3,879,796 50.0% 1,388.12 Capital outlay 692,624 8.9% 247.81 Insurance benefits and repayments 510,183 6.6% 182.53 Assistance and subsidies 274,481 3.5% 98.20 Interest on debt 122,371 1.6% 43.78 Exhibit: Salaries and wages 1,729,159 22.3% 618.66 Total expenditure 7,766,918 100.0% 2,778.86 General expenditure 7,198,836 92.7% 2,575.61 Intergovernmental expenditure 2,287,463 29.5% 818.41 Direct expenditure 4,911,373 63.2% 1,757.20 General expenditure, by function: Education 2,816,042 36.3% 1,007.53 Public welfare 1,513,737 19.5% 541.59 Hospitals 509,271 6.6% 182.21 Health 150,963 1.9% 54.01 Highways 915,617 11.8% 327.59 Police protection 48,375 0.6% 17.31 Correction 157,922 2.0% 56.50 Natural resources 179,591 2.3% 64.25 Parks and recreation 16,932 0.2% 6.06 Governmental administration 249,660 3.2% 89.32 Interest on general debt 122,371 1.6% 43.78 Other and unallocable 518,355 6.7% 185.46 Utility expenditure 0 0.0% 0.00 Liquor stores expenditure 57,899 0.7% 20.72 Insurance trust expenditure 510,183 6.6% 182.53 Debt at end of fiscal year 1,837,018 100.0% 657.25 Cash and Security Holdings 9,360,346 100.0% 3,348.96