STATE GOVERNMENT FINANCES 1996 Amount Percent Per Vermont (in thousands) Distribution capita Population (thousands) 589 Total Revenue 2,146,205 100.0 3,643.81 General revenue 1,950,265 90.9 3,311.15 Intergovernmental revenue 650,350 30.3 1,104.16 Taxes 841,029 39.2 1,427.89 General sales 182,528 8.5 309.89 Selective sales 221,319 10.3 375.75 License taxes 71,538 3.3 121.46 Individual income 280,918 13.1 476.94 Corporation net income 44,818 2.1 76.09 Other taxes 39,908 1.9 67.76 Current charges 286,056 13.3 485.66 Miscellaneous general revenue 172,830 8.1 293.43 Utility revenue 0 .0 .00 Liquor stores revenue 27,600 1.3 46.86 Insurance trust revenue 168,340 7.8 285.81 Total Expenditure 2,061,059 100.0 3,499.25 Intergovernmental expenditure 313,167 15.2 531.69 Direct expenditure 1,747,892 84.8 2,967.56 Current operation 1,309,201 63.5 2,222.75 Capital outlay 120,271 5.8 204.20 Insurance benefits and repayments 116,305 5.6 197.46 Assistance and subsidies 97,094 4.7 164.85 Interest on debt 105,021 5.1 178.30 Exhibit: Salaries and wages 402,054 19.5 682.60 Total expenditure 2,061,059 100.0 3,499.25 General expenditure 1,917,735 93.0 3,255.92 Intergovernmental expenditure 313,167 15.2 531.69 Direct expenditure 1,604,568 77.9 2,724.22 General expenditure, by function: Education 622,929 30.2 1,057.60 Public welfare 516,178 25.0 876.36 Hospitals 9,146 .4 15.53 Health 51,296 2.5 87.09 Highways 188,676 9.2 320.33 Police protection 34,062 1.7 57.83 Correction 43,087 2.1 73.15 Natural resources 52,923 2.6 89.85 Parks and recreation 9,201 .4 15.62 Governmental administration 111,897 5.4 189.98 Interest on general debt 105,021 5.1 178.30 Other and unallocable 173,319 8.4 294.26 Utility expenditure 1,375 .1 2.33 Liquor stores expenditure 25,644 1.2 43.54 Insurance trust expenditure 116,305 5.6 197.46 Debt at end of fiscal year 1,717,898 100.0 2,916.63 Cash and Security Holdings 2,733,906 100.0 4,641.61