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

                                                      Percent           Per
OREGON                                       1994 Distribution       capita

Population (thousands)                      3,086           -             -
Total Revenue                          10,886,368       100.0%     3,527.66
  General revenue                       8,511,185        78.2%     2,758.00
    Intergovernmental revenue           2,625,971        24.1%       850.93
    Taxes                               4,039,416        37.1%     1,308.95
      General sales                             0         0.0%         0.00
      Selective sales                     543,362         5.0%       176.07
      License taxes                       511,152         4.7%       165.64
      Individual income                 2,583,527        23.7%       837.18
      Corporation net income              263,682         2.4%        85.44
      Other taxes                         137,693         1.3%        44.62
    Current charges                       923,238         8.5%       299.17
    Miscellaneous general revenue         922,560         8.5%       298.95
  Utility revenue                               0         0.0%         0.00
  Liquor stores revenue                   174,941         1.6%        56.69
  Insurance trust revenue               2,200,242        20.2%       712.98

Total Expenditure                       9,104,326       100.0%     2,950.20
  Intergovernmental expenditure         2,261,202        24.8%       732.73
  Direct expenditure                    6,843,124        75.2%     2,217.47
    Current operation                   4,476,503        49.2%     1,450.58
    Capital outlay                        518,642         5.7%       168.06
    Insurance benefits and repayments   1,180,789        13.0%       382.63
    Assistance and subsidies              294,478         3.2%        95.42
    Interest on debt                      372,712         4.1%       120.78
Exhibit:  Salaries and wages            1,577,200        17.3%       511.08

Total expenditure                       9,104,326       100.0%     2,950.20
  General expenditure                   7,817,263        85.9%     2,533.14
        Intergovernmental expenditure   2,261,202        24.8%       732.73
        Direct expenditure              5,556,061        61.0%     1,800.41
  General expenditure, by function:
      Education                         2,617,186        28.7%       848.08
      Public welfare                    1,644,924        18.1%       533.03
      Hospitals                           405,462         4.5%       131.39
      Health                              330,954         3.6%       107.24
      Highways                            784,638         8.6%       254.26
      Police protection                   100,839         1.1%        32.68
      Correction                          217,770         2.4%        70.57
      Natural resources                   223,519         2.5%        72.43
      Parks and recreation                 23,756         0.3%         7.70
      Governmental administration         546,090         6.0%       176.96
      Interest on general debt            372,712         4.1%       120.78
      Other and unallocable               550,656         6.0%       178.44
  Utility expenditure                           0         0.0%         0.00
  Liquor stores expenditure               106,274         1.2%        34.44
  Insurance trust expenditure           1,180,789        13.0%       382.63

Debt at end of fiscal year              5,645,164       100.0%     1,829.28

Cash and Security Holdings             17,127,596       100.0%     5,550.10