STATE GOVERNMENT FINANCES Percent Per COLORADO 1995 Distribution capita (Amounts are in thousands. Per capita in dollars.) Population (thousands) 3,747 - - Total Revenue 11,554,711 100.0% 3,083.72 General revenue 9,191,036 79.5% 2,452.91 Intergovernmental revenue 2,682,929 23.2% 716.02 Taxes 4,531,366 39.2% 1,209.33 General sales 1,230,748 10.7% 328.46 Selective sales 681,845 5.9% 181.97 License taxes 267,886 2.3% 71.49 Individual income 2,101,708 18.2% 560.90 Corporation net income 190,026 1.6% 50.71 Other taxes 59,153 0.5% 15.79 Current charges 1,042,851 9.0% 278.32 Miscellaneous general revenue 933,890 8.1% 249.24 Utility revenue 0 0.0% 0.00 Liquor stores revenue 0 0.0% 0.00 Insurance trust revenue 2,363,675 20.5% 630.82 Total Expenditure 9,801,852 100.0% 2,615.92 Intergovernmental expenditure 2,702,979 27.6% 721.37 Direct expenditure 7,098,873 72.4% 1,894.55 Current operation 4,731,295 48.3% 1,262.69 Capital outlay 572,892 5.8% 152.89 Insurance benefits and repayments 1,363,955 13.9% 364.01 Assistance and subsidies 194,982 2.0% 52.04 Interest on debt 235,749 2.4% 62.92 Exhibit: Salaries and wages 1,771,583 18.1% 472.80 Total expenditure 9,801,852 100.0% 2,615.92 General expenditure 8,433,648 86.0% 2,250.77 Intergovernmental expenditure 2,702,979 27.6% 721.37 Direct expenditure 5,730,669 58.5% 1,529.40 General expenditure, by function: Education 3,690,511 37.7% 984.92 Public welfare 2,135,285 21.8% 569.87 Hospitals 146,450 1.5% 39.08 Health 224,665 2.3% 59.96 Highways 779,881 8.0% 208.13 Police protection 49,043 0.5% 13.09 Correction 319,686 3.3% 85.32 Natural resources 159,437 1.6% 42.55 Parks and recreation 38,330 0.4% 10.23 Governmental administration 290,278 3.0% 77.47 Interest on general debt 232,736 2.4% 62.11 Other and unallocable 378,385 3.9% 100.98 Utility expenditure 4,249 0.0% 1.13 Liquor stores expenditure 0 0.0% 0.00 Insurance trust expenditure 1,363,955 13.9% 364.01 Debt at end of fiscal year 3,368,181 100.0% 898.90 Cash and Security Holdings 18,294,511 100.0% 4,882.44