STATE GOVERNMENT FINANCES 1996 Amount Percent Per Massachusetts (in thousands) Distribution capita Population (thousands) 6,092 Total Revenue 25,196,723 100.0 4,136.03 General revenue 22,845,324 90.7 3,750.05 Intergovernmental revenue 5,827,457 23.1 956.58 Taxes 12,455,370 49.4 2,044.55 General sales 2,610,094 10.4 428.45 Selective sales 1,277,843 5.1 209.76 License taxes 397,522 1.6 65.25 Individual income 6,706,870 26.6 1,100.93 Corporation net income 1,227,861 4.9 201.55 Other taxes 235,180 .9 38.60 Current charges 1,814,223 7.2 297.80 Miscellaneous general revenue 2,748,274 10.9 451.13 Utility revenue 68,826 .3 11.30 Liquor stores revenue 0 .0 .00 Insurance trust revenue 2,282,573 9.1 374.68 Total Expenditure 24,949,729 100.0 4,095.49 Intergovernmental expenditure 5,159,973 20.7 847.01 Direct expenditure 19,789,756 79.3 3,248.48 Current operation 12,489,648 50.1 2,050.17 Capital outlay 2,621,376 10.5 430.30 Insurance benefits and repayments 2,071,656 8.3 340.06 Assistance and subsidies 883,702 3.5 145.06 Interest on debt 1,723,374 6.9 282.89 Exhibit: Salaries and wages 3,174,327 12.7 521.06 Total expenditure 24,949,729 100.0 4,095.49 General expenditure 22,789,668 91.3 3,740.92 Intergovernmental expenditure 5,159,973 20.7 847.01 Direct expenditure 17,629,695 70.7 2,893.91 General expenditure, by function: Education 4,492,012 18.0 737.36 Public welfare 5,998,677 24.0 984.68 Hospitals 896,689 3.6 147.19 Health 1,285,098 5.2 210.95 Highways 1,803,223 7.2 296.00 Police protection 287,109 1.2 47.13 Correction 729,089 2.9 119.68 Natural resources 227,954 .9 37.42 Parks and recreation 97,240 .4 15.96 Governmental administration 945,986 3.8 155.28 Interest on general debt 1,708,322 6.8 280.42 Other and unallocable 4,318,269 17.3 708.84 Utility expenditure 88,405 .4 14.51 Liquor stores expenditure 0 .0 .00 Insurance trust expenditure 2,071,656 8.3 340.06 Debt at end of fiscal year 29,294,682 100.0 4,808.71 Cash and Security Holdings 33,202,995 100.0 5,450.26