STATE GOVERNMENT FINANCES 1996 Amount Percent Per Iowa (in thousands) Distribution capita Population (thousands) 2,852 Total Revenue 9,244,859 100.0 3,241.54 General revenue 8,133,204 88.0 2,851.75 Intergovernmental revenue 2,139,113 23.1 750.04 Taxes 4,440,540 48.0 1,556.99 General sales 1,456,221 15.8 510.60 Selective sales 691,299 7.5 242.39 License taxes 414,215 4.5 145.24 Individual income 1,588,052 17.2 556.82 Corporation net income 202,929 2.2 71.15 Other taxes 87,824 .9 30.79 Current charges 979,409 10.6 343.41 Miscellaneous general revenue 574,142 6.2 201.31 Utility revenue 0 .0 .00 Liquor stores revenue 87,338 .9 30.62 Insurance trust revenue 1,024,317 11.1 359.16 Total Expenditure 8,853,150 100.0 3,104.19 Intergovernmental expenditure 2,672,320 30.2 937.00 Direct expenditure 6,180,830 69.8 2,167.19 Current operation 4,436,969 50.1 1,555.74 Capital outlay 736,516 8.3 258.25 Insurance benefits and repayments 609,943 6.9 213.87 Assistance and subsidies 272,401 3.1 95.51 Interest on debt 125,001 1.4 43.83 Exhibit: Salaries and wages 1,632,767 18.4 572.50 Total expenditure 8,853,150 100.0 3,104.19 General expenditure 8,182,909 92.4 2,869.18 Intergovernmental expenditure 2,672,320 30.2 937.00 Direct expenditure 5,510,589 62.2 1,932.18 General expenditure, by function: Education 3,262,640 36.9 1,143.98 Public welfare 1,710,357 19.3 599.70 Hospitals 518,934 5.9 181.95 Health 178,610 2.0 62.63 Highways 1,046,032 11.8 366.77 Police protection 60,942 .7 21.37 Correction 184,142 2.1 64.57 Natural resources 203,593 2.3 71.39 Parks and recreation 17,237 .2 6.04 Governmental administration 302,827 3.4 106.18 Interest on general debt 125,001 1.4 43.83 Other and unallocable 572,594 6.5 200.77 Utility expenditure 0 .0 .00 Liquor stores expenditure 60,298 .7 21.14 Insurance trust expenditure 609,943 6.9 213.87 Debt at end of fiscal year 2,064,507 100.0 723.88 Cash and Security Holdings 12,990,230 100.0 4,554.78