STATE GOVERNMENT FINANCES: 1997 Amount Percent Per Connecticut (in thousands) Distribution capita Population (thousands) 3,270 Total Revenue 14,519,780 100.00 4,440.30 General revenue 13,014,623 89.63 3,980.01 Intergovernmental revenue 2,943,626 20.27 900.19 Taxes 8,145,787 56.10 2,491.07 General sales 2,598,337 17.90 794.60 Selective sales 1,566,555 10.79 479.07 License taxes 341,262 2.35 104.36 Individual income tax 2,807,391 19.33 858.53 Corporate income tax 530,430 3.65 162.21 Other taxes 301,812 2.08 92.30 Current charges 905,160 6.23 276.81 Miscellaneous general revenue 1,020,050 7.03 311.94 Utility revenue 22,004 0.15 6.73 Liquor stores revenue 0 0.00 0.00 Insurance trust revenue 1,483,153 10.21 453.56 Total expenditure 13,826,021 100.00 4,228.14 Intergovernmental expenditure 2,480,762 17.94 758.64 Direct expenditure 11,345,259 82.06 3,469.50 Current operation 7,379,375 53.37 2,256.69 Capital outlay 859,196 6.21 262.75 Insurance benefits and repayments 1,657,056 11.99 506.74 Assistance and subsidies 501,572 3.63 153.39 Interest on debt 948,060 6.86 289.93 Exhibit: Salaries and wages 2,621,209 18.96 801.59 Total expenditure 13,826,021 100.00 4,228.14 General expenditure 11,951,814 86.44 3,654.99 Intergovernmental expenditure 2,480,762 17.94 758.64 Direct expenditure 9,471,052 68.50 2,896.35 General expenditure, by function: Education 2,894,082 20.93 885.04 Public welfare 2,914,519 21.08 891.29 Hospitals 977,504 7.07 298.93 Health 402,219 2.91 123.00 Highways 756,474 5.47 231.34 Police protection 109,559 0.79 33.50 Correction 493,772 3.57 151.00 Natural resources 76,163 0.55 23.29 Parks and recreation 38,374 0.28 11.74 Governmental administration 584,411 4.23 178.72 Interest on general debt 948,060 6.86 289.93 Other and unallocable 1,756,677 12.71 537.21 Utility expenditure 217,151 1.57 66.41 Liquor stores expenditure 0 0.00 0.00 Insurance trust expenditure 1,657,056 11.99 506.74 Debt at end of fiscal year 17,050,816 100.00 5,214.32 Cash and security holdings 22,887,339 100.00 6,999.19