STATE GOVERNMENT FINANCES 1996 Amount Percent Per Colorado (in thousands) Distribution capita Population (thousands) 3,823 Total Revenue 11,865,786 100.0 3,103.79 General revenue 9,460,920 79.7 2,474.74 Intergovernmental revenue 2,745,933 23.1 718.27 Taxes 4,820,163 40.6 1,260.83 General sales 1,321,500 11.1 345.67 Selective sales 715,877 6.0 187.26 License taxes 255,753 2.2 66.90 Individual income 2,274,185 19.2 594.87 Corporation net income 205,700 1.7 53.81 Other taxes 47,148 .4 12.33 Current charges 1,070,825 9.0 280.10 Miscellaneous general revenue 823,999 6.9 215.54 Utility revenue 0 .0 .00 Liquor stores revenue 0 .0 .00 Insurance trust revenue 2,404,866 20.3 629.05 Total Expenditure 10,311,855 100.0 2,697.32 Intergovernmental expenditure 2,849,915 27.6 745.47 Direct expenditure 7,461,940 72.4 1,951.85 Current operation 4,901,405 47.5 1,282.08 Capital outlay 601,685 5.8 157.39 Insurance benefits and repayments 1,404,835 13.6 367.47 Assistance and subsidies 215,386 2.1 56.34 Interest on debt 338,629 3.3 88.58 Exhibit: Salaries and wages 1,995,577 19.4 521.99 Total expenditure 10,311,855 100.0 2,697.32 General expenditure 8,902,394 86.3 2,328.64 Intergovernmental expenditure 2,849,915 27.6 745.47 Direct expenditure 6,052,479 58.7 1,583.18 General expenditure, by function: Education 3,945,360 38.3 1,032.01 Public welfare 2,081,070 20.2 544.36 Hospitals 145,831 1.4 38.15 Health 235,366 2.3 61.57 Highways 795,945 7.7 208.20 Police protection 52,487 .5 13.73 Correction 353,435 3.4 92.45 Natural resources 157,835 1.5 41.29 Parks and recreation 42,747 .4 11.18 Governmental administration 301,801 2.9 78.94 Interest on general debt 335,288 3.3 87.70 Other and unallocable 455,229 4.4 119.08 Utility expenditure 4,626 - 1.21 Liquor stores expenditure 0 .0 .00 Insurance trust expenditure 1,404,835 13.6 367.47 Debt at end of fiscal year 3,576,722 100.0 935.58 Cash and Security Holdings 26,042,693 100.0 6,812.11