STATE GOVERNMENT FINANCES 1996 Amount Percent Per Mississippi (in thousands) Distribution capita Population (thousands) 2,716 Total Revenue 8,864,863 100.0 3,263.94 General revenue 7,461,122 84.2 2,747.10 Intergovernmental revenue 2,696,263 30.4 992.73 Taxes 3,860,523 43.5 1,421.40 General sales 1,831,963 20.7 674.51 Selective sales 770,439 8.7 283.67 License taxes 247,462 2.8 91.11 Individual income 742,157 8.4 273.25 Corporation net income 201,742 2.3 74.28 Other taxes 66,760 .8 24.58 Current charges 674,998 7.6 248.53 Miscellaneous general revenue 229,338 2.6 84.44 Utility revenue 0 .0 .00 Liquor stores revenue 134,337 1.5 49.46 Insurance trust revenue 1,269,404 14.3 467.38 Total Expenditure 8,216,867 100.0 3,025.36 Intergovernmental expenditure 2,506,429 30.5 922.84 Direct expenditure 5,710,438 69.5 2,102.52 Current operation 3,930,553 47.8 1,447.18 Capital outlay 856,423 10.4 315.33 Insurance benefits and repayments 671,822 8.2 247.36 Assistance and subsidies 115,827 1.4 42.65 Interest on debt 135,813 1.7 50.00 Exhibit: Salaries and wages 1,199,456 14.6 441.63 Total expenditure 8,216,867 100.0 3,025.36 General expenditure 7,436,968 90.5 2,738.21 Intergovernmental expenditure 2,506,429 30.5 922.84 Direct expenditure 4,930,539 60.0 1,815.37 General expenditure, by function: Education 2,724,296 33.2 1,003.05 Public welfare 1,657,877 20.2 610.41 Hospitals 380,099 4.6 139.95 Health 242,541 3.0 89.30 Highways 718,420 8.7 264.51 Police protection 52,324 .6 19.27 Correction 230,472 2.8 84.86 Natural resources 168,063 2.0 61.88 Parks and recreation 108,098 1.3 39.80 Governmental administration 227,559 2.8 83.78 Interest on general debt 135,813 1.7 50.00 Other and unallocable 791,406 9.6 291.39 Utility expenditure 0 .0 .00 Liquor stores expenditure 108,077 1.3 39.79 Insurance trust expenditure 671,822 8.2 247.36 Debt at end of fiscal year 2,232,015 100.0 821.80 Cash and Security Holdings 13,089,366 100.0 4,819.35