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

                                                      Percent           Per
NEW YORK                                     1993 Distribution       capita

Population (thousands)                     18,058           -             -
Total Revenue                          78,209,421       100.0%     4,331.01
  General revenue                      62,985,784        80.5%     3,487.97
    Intergovernmental revenue          23,604,891        30.2%     1,307.17
    Taxes                              31,291,336        40.0%     1,732.82
      General sales                     6,283,883         8.0%       347.98
      Selective sales                   5,026,050         6.4%       278.33
      License taxes                       959,161         1.2%        53.12
      Individual income                15,300,000        19.6%       847.27
      Corporation net income            2,637,556         3.4%       146.06
      Other taxes                       1,084,686         1.4%        60.07
    Current charges                     3,167,939         4.1%       175.43
    Miscellaneous general revenue       4,921,618         6.3%       272.55
  Utility revenue                       2,077,129         2.7%       115.03
  Liquor stores revenue                         0         0.0%         0.00
  Insurance trust revenue              13,146,508        16.8%       728.02

Total Expenditure                      74,279,884       100.0%     4,113.41
  Intergovernmental expenditure        23,848,129        32.1%     1,320.64
  Direct expenditure                   50,431,755        67.9%     2,792.77
    Current operation                  32,608,843        43.9%     1,805.78
    Capital outlay                      4,426,985         6.0%       245.15
    Insurance benefits and repayments   8,794,768        11.8%       487.03
    Assistance and subsidies              843,683         1.1%        46.72
    Interest on debt                    3,757,476         5.1%       208.08
Exhibit:  Salaries and wages            9,589,780        12.9%       531.05

Total expenditure                      74,279,884       100.0%     4,113.41
  General expenditure                  61,557,640        82.9%     3,408.88
        Intergovernmental expenditure  23,848,129        32.1%     1,320.64
        Direct expenditure             37,709,511        50.8%     2,088.24
  General expenditure, by function:
      Education                        16,661,431        22.4%       922.66
      Public welfare                   21,975,194        29.6%     1,216.92
      Hospitals                         3,484,401         4.7%       192.96
      Health                            1,935,065         2.6%       107.16
      Highways                          2,297,014         3.1%       127.20
      Police protection                   298,824         0.4%        16.55
      Correction                        2,075,580         2.8%       114.94
      Natural resources                   347,909         0.5%        19.27
      Parks and recreation                293,555         0.4%        16.26
      Governmental administration       2,505,933         3.4%       138.77
      Interest on general debt          3,299,528         4.4%       182.72
      Other and unallocable             6,383,209         8.6%       353.48
  Utility expenditure                   3,927,476         5.3%       217.49
  Liquor stores expenditure                     0         0.0%         0.00
  Insurance trust expenditure           8,794,768        11.8%       487.03

Debt at end of fiscal year             59,218,591       100.0%     3,279.35

Cash and Security Holdings            116,671,906       100.0%     6,460.95