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

                                                      Percent           Per
MISSOURI                                     1993 Distribution       capita

Population (thousands)                      5,158           -             -
Total Revenue                          12,558,767       100.0%     2,434.81
  General revenue                      10,334,735        82.3%     2,003.63
    Intergovernmental revenue           3,220,673        25.6%       624.40
    Taxes                               5,479,884        43.6%     1,062.40
      General sales                     2,016,876        16.1%       391.02
      Selective sales                     749,966         6.0%       145.40
      License taxes                       439,361         3.5%        85.18
      Individual income                 2,006,279        16.0%       388.96
      Corporation net income              192,718         1.5%        37.36
      Other taxes                          74,684         0.6%        14.48
    Current charges                       875,120         7.0%       169.66
    Miscellaneous general revenue         759,058         6.0%       147.16
  Utility revenue                               0         0.0%         0.00
  Liquor stores revenue                         0         0.0%         0.00
  Insurance trust revenue               2,224,032        17.7%       431.18

Total Expenditure                      10,893,557       100.0%     2,111.97
  Intergovernmental expenditure         2,909,208        26.7%       564.02
  Direct expenditure                    7,984,349        73.3%     1,547.95
    Current operation                   5,349,078        49.1%     1,037.04
    Capital outlay                        867,289         8.0%       168.14
    Insurance benefits and repayments     991,407         9.1%       192.21
    Assistance and subsidies              348,308         3.2%        67.53
    Interest on debt                      428,267         3.9%        83.03
Exhibit:  Salaries and wages            1,913,598        17.6%       371.00

Total expenditure                      10,893,557       100.0%     2,111.97
  General expenditure                   9,902,150        90.9%     1,919.77
        Intergovernmental expenditure   2,909,208        26.7%       564.02
        Direct expenditure              6,992,942        64.2%     1,355.75
  General expenditure, by function:
      Education                         3,700,500        34.0%       717.43
      Public welfare                    2,498,383        22.9%       484.37
      Hospitals                           400,882         3.7%        77.72
      Health                              388,672         3.6%        75.35
      Highways                            938,015         8.6%       181.86
      Police protection                   104,283         1.0%        20.22
      Correction                          208,022         1.9%        40.33
      Natural resources                   201,863         1.9%        39.14
      Parks and recreation                 27,161         0.2%         5.27
      Governmental administration         459,013         4.2%        88.99
      Interest on general debt            428,267         3.9%        83.03
      Other and unallocable               547,089         5.0%       106.07
  Utility expenditure                           0         0.0%         0.00
  Liquor stores expenditure                     0         0.0%         0.00
  Insurance trust expenditure             991,407         9.1%       192.21

Debt at end of fiscal year              6,516,158       100.0%     1,263.31

Cash and Security Holdings             19,344,595       100.0%     3,750.41