STATE GOVERNMENT FINANCES: 1997 Amount Percent Per Arkansas (in thousands) Distribution capita Population (thousands) 2,523 Total Revenue 8,843,946 100.00 3,505.33 General revenue 7,290,031 82.43 2,889.43 Intergovernmental revenue 2,264,482 25.60 897.54 Taxes 3,776,600 42.70 1,496.87 General sales 1,429,445 16.16 566.57 Selective sales 588,205 6.65 233.14 License taxes 221,790 2.51 87.91 Individual income tax 1,246,600 14.10 494.09 Corporate income tax 229,982 2.60 91.15 Other taxes 60,578 0.68 24.01 Current charges 791,617 8.95 313.76 Miscellaneous general revenue 457,332 5.17 181.27 Utility revenue 0 0.00 0.00 Liquor stores revenue 0 0.00 0.00 Insurance trust revenue 1,553,915 17.57 615.90 Total expenditure 7,684,652 100.00 3,045.84 Intergovernmental expenditure 1,967,398 25.60 779.79 Direct expenditure 5,717,254 74.40 2,266.05 Current operation 4,224,063 54.97 1,674.22 Capital outlay 655,413 8.53 259.78 Insurance benefits and repayments 581,719 7.57 230.57 Assistance and subsidies 134,506 1.75 53.31 Interest on debt 121,553 1.58 48.18 Exhibit: Salaries and wages 1,483,034 19.30 587.81 Total expenditure 7,684,652 100.00 3,045.84 General expenditure 7,102,933 92.43 2,815.27 Intergovernmental expenditure 1,967,398 25.60 779.79 Direct expenditure 5,135,535 66.83 2,035.49 General expenditure, by function: Education 2,819,359 36.69 1,117.46 Public welfare 1,666,931 21.69 660.69 Hospitals 362,721 4.72 143.77 Health 261,311 3.40 103.57 Highways 762,961 9.93 302.40 Police protection 60,085 0.78 23.81 Correction 206,131 2.68 81.70 Natural resources 137,542 1.79 54.52 Parks and recreation 48,890 0.64 19.38 Governmental administration 246,262 3.20 97.61 Interest on general debt 121,553 1.58 48.18 Other and unallocable 409,187 5.32 162.18 Utility expenditure 0 0.00 0.00 Liquor stores expenditure 0 0.00 0.00 Insurance trust expenditure 581,719 7.57 230.57 Debt at end of fiscal year 2,247,810 100.00 890.93 Cash and security holdings 11,898,594 100.00 4,716.05