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

                                                      Percent           Per
WISCONSIN                                    1994 Distribution       capita

Population (thousands)                      5,082           -             -
Total Revenue                          19,617,168       100.0%     3,860.13
  General revenue                      14,466,854        73.7%     2,846.69
    Intergovernmental revenue           3,699,608        18.9%       727.98
    Taxes                               8,427,695        43.0%     1,658.34
      General sales                     2,427,900        12.4%       477.74
      Selective sales                   1,234,715         6.3%       242.96
      License taxes                       435,365         2.2%        85.67
      Individual income                 3,638,710        18.5%       716.00
      Corporation net income              541,284         2.8%       106.51
      Other taxes                         149,721         0.8%        29.46
    Current charges                     1,350,227         6.9%       265.69
    Miscellaneous general revenue         989,324         5.0%       194.67
  Utility revenue                               0         0.0%         0.00
  Liquor stores revenue                         0         0.0%         0.00
  Insurance trust revenue               5,150,314        26.3%     1,013.44

Total Expenditure                      15,281,465       100.0%     3,006.98
  Intergovernmental expenditure         5,327,881        34.9%     1,048.38
  Direct expenditure                    9,953,584        65.1%     1,958.60
    Current operation                   6,563,973        43.0%     1,291.61
    Capital outlay                        843,192         5.5%       165.92
    Insurance benefits and repayments   1,458,421         9.5%       286.98
    Assistance and subsidies              537,151         3.5%       105.70
    Interest on debt                      550,847         3.6%       108.39
Exhibit:  Salaries and wages            2,241,372        14.7%       441.04

Total expenditure                      15,281,465       100.0%     3,006.98
  General expenditure                  13,823,044        90.5%     2,720.00
        Intergovernmental expenditure   5,327,881        34.9%     1,048.38
        Direct expenditure              8,495,163        55.6%     1,671.62
  General expenditure, by function:
      Education                         4,660,014        30.5%       916.96
      Public welfare                    3,154,452        20.6%       620.71
      Hospitals                           415,416         2.7%        81.74
      Health                              480,406         3.1%        94.53
      Highways                          1,098,316         7.2%       216.12
      Police protection                    53,130         0.3%        10.45
      Correction                          393,602         2.6%        77.45
      Natural resources                   374,895         2.5%        73.77
      Parks and recreation                 53,015         0.3%        10.43
      Governmental administration         398,326         2.6%        78.38
      Interest on general debt            550,847         3.6%       108.39
      Other and unallocable             2,190,625        14.3%       431.06
  Utility expenditure                           0         0.0%         0.00
  Liquor stores expenditure                     0         0.0%         0.00
  Insurance trust expenditure           1,458,421         9.5%       286.98

Debt at end of fiscal year              7,747,539       100.0%     1,524.51

Cash and Security Holdings             36,721,252       100.0%     7,225.75