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

                                                      Percent           Per
SOUTH CAROLINA                               1993 Distribution       capita

Population (thousands)                      3,560           -             -
Total Revenue                          10,637,027       100.0%     2,987.93
  General revenue                       8,429,365        79.2%     2,367.80
    Intergovernmental revenue           2,563,112        24.1%       719.98
    Taxes                               4,288,976        40.3%     1,204.77
      General sales                     1,556,680        14.6%       437.27
      Selective sales                     644,725         6.1%       181.10
      License taxes                       373,769         3.5%       104.99
      Individual income                 1,494,799        14.1%       419.89
      Corporation net income              176,339         1.7%        49.53
      Other taxes                          42,664         0.4%        11.98
    Current charges                     1,112,200        10.5%       312.42
    Miscellaneous general revenue         465,077         4.4%       130.64
  Utility revenue                         546,878         5.1%       153.62
  Liquor stores revenue                         0         0.0%         0.00
  Insurance trust revenue               1,660,784        15.6%       466.51

Total Expenditure                      10,388,282       100.0%     2,918.06
  Intergovernmental expenditure         2,098,883        20.2%       589.57
  Direct expenditure                    8,289,399        79.8%     2,328.48
    Current operation                   5,753,283        55.4%     1,616.09
    Capital outlay                      1,090,592        10.5%       306.35
    Insurance benefits and repayments     876,219         8.4%       246.13
    Assistance and subsidies              232,569         2.2%        65.33
    Interest on debt                      336,736         3.2%        94.59
Exhibit:  Salaries and wages            2,242,897        21.6%       630.03

Total expenditure                      10,388,282       100.0%     2,918.06
  General expenditure                   8,793,206        84.6%     2,470.00
        Intergovernmental expenditure   2,098,883        20.2%       589.57
        Direct expenditure              6,694,323        64.4%     1,880.43
  General expenditure, by function:
      Education                         3,138,343        30.2%       881.56
      Public welfare                    2,064,155        19.9%       579.82
      Hospitals                           607,963         5.9%       170.78
      Health                              467,952         4.5%       131.45
      Highways                            616,226         5.9%       173.10
      Police protection                    87,757         0.8%        24.65
      Correction                          331,370         3.2%        93.08
      Natural resources                   151,884         1.5%        42.66
      Parks and recreation                 36,621         0.4%        10.29
      Governmental administration         247,671         2.4%        69.57
      Interest on general debt            183,486         1.8%        51.54
      Other and unallocable               859,778         8.3%       241.51
  Utility expenditure                     718,857         6.9%       201.93
  Liquor stores expenditure                     0         0.0%         0.00
  Insurance trust expenditure             876,219         8.4%       246.13

Debt at end of fiscal year              4,900,522       100.0%     1,376.55

Cash and Security Holdings             17,442,775       100.0%     4,899.66