STATE GOVERNMENT FINANCES 1996 Amount Percent Per Arkansas (in thousands) Distribution capita Population (thousands) 2,510 Total Revenue 8,652,790 100.0 3,447.33 General revenue 7,023,153 81.2 2,798.07 Intergovernmental revenue 2,162,774 25.0 861.66 Taxes 3,708,744 42.9 1,477.59 General sales 1,375,906 15.9 548.17 Selective sales 563,760 6.5 224.61 License taxes 216,315 2.5 86.18 Individual income 1,162,401 13.4 463.11 Corporation net income 228,801 2.6 91.16 Other taxes 161,561 1.9 64.37 Current charges 736,381 8.5 293.38 Miscellaneous general revenue 415,254 4.8 165.44 Utility revenue 0 .0 .00 Liquor stores revenue 0 .0 .00 Insurance trust revenue 1,629,637 18.8 649.26 Total Expenditure 7,050,461 100.0 2,808.95 Intergovernmental expenditure 1,636,037 23.2 651.81 Direct expenditure 5,414,424 76.8 2,157.14 Current operation 3,956,385 56.1 1,576.25 Capital outlay 613,005 8.7 244.23 Insurance benefits and repayments 569,464 8.1 226.88 Assistance and subsidies 154,208 2.2 61.44 Interest on debt 121,362 1.7 48.35 Exhibit: Salaries and wages 1,389,189 19.7 553.46 Total expenditure 7,050,461 100.0 2,808.95 General expenditure 6,480,997 91.9 2,582.07 Intergovernmental expenditure 1,636,037 23.2 651.81 Direct expenditure 4,844,960 68.7 1,930.26 General expenditure, by function: Education 2,509,087 35.6 999.64 Public welfare 1,583,327 22.5 630.81 Hospitals 341,661 4.8 136.12 Health 246,981 3.5 98.40 Highways 698,315 9.9 278.21 Police protection 52,061 .7 20.74 Correction 171,002 2.4 68.13 Natural resources 135,913 1.9 54.15 Parks and recreation 39,237 .6 15.63 Governmental administration 214,583 3.0 85.49 Interest on general debt 121,362 1.7 48.35 Other and unallocable 367,468 5.2 146.40 Utility expenditure 0 .0 .00 Liquor stores expenditure 0 .0 .00 Insurance trust expenditure 569,464 8.1 226.88 Debt at end of fiscal year 2,142,271 100.0 853.49 Cash and Security Holdings 10,668,372 100.0 4,250.35