STATE GOVERNMENT FINANCES (Amounts are in thousands. Per capita in dollars.) Percent Per TENNESSEE 1993 Distribution capita Population (thousands) 4,953 - - Total Revenue 12,418,510 100.0% 2,507.27 General revenue 10,689,732 86.1% 2,158.23 Intergovernmental revenue 3,626,942 29.2% 732.27 Taxes 5,672,239 45.7% 1,145.21 General sales 2,853,022 23.0% 576.02 Selective sales 1,692,995 13.6% 341.81 License taxes 521,550 4.2% 105.30 Individual income 94,894 0.8% 19.16 Corporation net income 365,323 2.9% 73.76 Other taxes 144,455 1.2% 29.17 Current charges 972,828 7.8% 196.41 Miscellaneous general revenue 417,723 3.4% 84.34 Utility revenue 0 0.0% 0.00 Liquor stores revenue 0 0.0% 0.00 Insurance trust revenue 1,728,778 13.9% 349.04 Total Expenditure 11,027,994 100.0% 2,226.53 Intergovernmental expenditure 2,774,218 25.2% 560.11 Direct expenditure 8,253,776 74.8% 1,666.42 Current operation 6,008,259 54.5% 1,213.05 Capital outlay 963,392 8.7% 194.51 Insurance benefits and repayments 737,941 6.7% 148.99 Assistance and subsidies 356,981 3.2% 72.07 Interest on debt 187,203 1.7% 37.80 Exhibit: Salaries and wages 2,024,540 18.4% 408.75 Total expenditure 11,027,994 100.0% 2,226.53 General expenditure 10,287,797 93.3% 2,077.08 Intergovernmental expenditure 2,774,218 25.2% 560.11 Direct expenditure 7,513,579 68.1% 1,516.98 General expenditure, by function: Education 3,524,871 32.0% 711.66 Public welfare 3,073,225 27.9% 620.48 Hospitals 462,828 4.2% 93.44 Health 360,592 3.3% 72.80 Highways 1,067,360 9.7% 215.50 Police protection 69,444 0.6% 14.02 Correction 366,011 3.3% 73.90 Natural resources 116,075 1.1% 23.44 Parks and recreation 56,142 0.5% 11.33 Governmental administration 245,856 2.2% 49.64 Interest on general debt 187,203 1.7% 37.80 Other and unallocable 758,190 6.9% 153.08 Utility expenditure 2,256 0.0% 0.46 Liquor stores expenditure 0 0.0% 0.00 Insurance trust expenditure 737,941 6.7% 148.99 Debt at end of fiscal year 2,623,708 100.0% 529.72 Cash and Security Holdings 12,200,753 100.0% 2,463.31