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

                                                      Percent           Per
NEW YORK                                     1995 Distribution       capita

Population (thousands)                     18,136           -             -
Total Revenue                          90,997,110       100.0%     5,017.49
  General revenue                      69,875,147        76.8%     3,852.84
    Intergovernmental revenue          26,918,482        29.6%     1,484.26
    Taxes                              34,294,492        37.7%     1,890.96
      General sales                     6,844,960         7.5%       377.42
      Selective sales                   4,929,197         5.4%       271.79
      License taxes                     1,013,751         1.1%        55.90
      Individual income                17,589,489        19.3%       969.87
      Corporation net income            2,814,568         3.1%       155.19
      Other taxes                       1,102,527         1.2%        60.79
    Current charges                     3,649,034         4.0%       201.20
    Miscellaneous general revenue       5,013,139         5.5%       276.42
  Utility revenue                       2,108,352         2.3%       116.25
  Liquor stores revenue                         0         0.0%         0.00
  Insurance trust revenue              19,013,611        20.9%     1,048.39

Total Expenditure                      81,371,988       100.0%     4,486.77
  Intergovernmental expenditure        25,189,620        31.0%     1,388.93
  Direct expenditure                   56,182,368        69.0%     3,097.84
    Current operation                  37,196,511        45.7%     2,050.98
    Capital outlay                      5,337,458         6.6%       294.30
    Insurance benefits and repayments   8,894,591        10.9%       490.44
    Assistance and subsidies              917,586         1.1%        50.59
    Interest on debt                    3,836,222         4.7%       211.53
Exhibit:  Salaries and wages            9,779,925        12.0%       539.25

Total expenditure                      81,371,988       100.0%     4,486.77
  General expenditure                  68,307,509        83.9%     3,766.40
        Intergovernmental expenditure  25,189,620        31.0%     1,388.93
        Direct expenditure             43,117,889        53.0%     2,377.48
  General expenditure, by function:
      Education                        17,494,460        21.5%       964.63
      Public welfare                   25,784,900        31.7%     1,421.75
      Hospitals                         3,619,553         4.4%       199.58
      Health                            2,404,171         3.0%       132.56
      Highways                          3,046,812         3.7%       168.00
      Police protection                   347,555         0.4%        19.16
      Correction                        2,272,887         2.8%       125.32
      Natural resources                   322,292         0.4%        17.77
      Parks and recreation                281,424         0.3%        15.52
      Governmental administration       2,798,889         3.4%       154.33
      Interest on general debt          3,393,373         4.2%       187.11
      Other and unallocable             6,541,193         8.0%       360.67
  Utility expenditure                   4,169,888         5.1%       229.92
  Liquor stores expenditure                     0         0.0%         0.00
  Insurance trust expenditure           8,894,591        10.9%       490.44

Debt at end of fiscal year             68,465,667       100.0%     3,775.13

Cash and Security Holdings            129,845,301       100.0%     7,159.53