STATE GOVERNMENT FINANCES: 1997 Amount Percent Per Georgia (in thousands) Distribution capita Population (thousands) 7,486 Total Revenue 24,028,450 100.00 3,209.78 General revenue 19,713,921 82.04 2,633.44 Intergovernmental revenue 6,007,066 25.00 802.44 Taxes 10,897,538 45.35 1,455.72 General sales 3,915,761 16.30 523.08 Selective sales 989,703 4.12 132.21 License taxes 405,025 1.69 54.10 Individual income tax 4,741,200 19.73 633.34 Corporate income tax 726,321 3.02 97.02 Other taxes 119,528 0.50 15.97 Current charges 1,500,812 6.25 200.48 Miscellaneous general revenue 1,308,505 5.45 174.79 Utility revenue 0 0.00 0.00 Liquor stores revenue 0 0.00 0.00 Insurance trust revenue 4,314,529 17.96 576.35 Total expenditure 21,975,372 100.00 2,935.53 Intergovernmental expenditure 6,141,128 27.95 820.35 Direct expenditure 15,834,244 72.05 2,115.18 Current operation 11,348,238 51.64 1,515.93 Capital outlay 1,811,415 8.24 241.97 Insurance benefits and repayments 1,527,409 6.95 204.04 Assistance and subsidies 761,713 3.47 101.75 Interest on debt 385,469 1.75 51.49 Exhibit: Salaries and wages 3,248,447 14.78 433.94 Total expenditure 21,975,372 100.00 2,935.53 General expenditure 20,447,963 93.05 2,731.49 Intergovernmental expenditure 6,141,128 27.95 820.35 Direct expenditure 14,306,835 65.10 1,911.15 General expenditure, by function: Education 8,938,020 40.67 1,193.96 Public welfare 5,334,599 24.28 712.61 Hospitals 652,117 2.97 87.11 Health 691,605 3.15 92.39 Highways 1,083,616 4.93 144.75 Police protection 172,147 0.78 23.00 Correction 881,856 4.01 117.80 Natural resources 373,421 1.70 49.88 Parks and recreation 169,144 0.77 22.59 Governmental administration 487,432 2.22 65.11 Interest on general debt 385,469 1.75 51.49 Other and unallocable 1,278,537 5.82 170.79 Utility expenditure 0 0.00 0.00 Liquor stores expenditure 0 0.00 0.00 Insurance trust expenditure 1,527,409 6.95 204.04 Debt at end of fiscal year 6,185,586 100.00 826.29 Cash and security holdings 36,319,938 100.00 4,851.71