STATE GOVERNMENT FINANCES: 1997 Amount Percent Per Iowa (in thousands) Distribution capita Population (thousands) 2,852 Total Revenue 9,509,064 100.00 3,334.17 General revenue 8,360,300 87.92 2,931.38 Intergovernmental revenue 2,007,968 21.12 704.06 Taxes 4,686,244 49.28 1,643.14 General sales 1,500,162 15.78 526.00 Selective sales 728,269 7.66 255.35 License taxes 421,385 4.43 147.75 Individual income tax 1,719,566 18.08 602.93 Corporate income tax 221,041 2.32 77.50 Other taxes 95,821 1.01 33.60 Current charges 1,055,655 11.10 370.15 Miscellaneous general revenue 610,433 6.42 214.04 Utility revenue 0 0.00 0.00 Liquor stores revenue 90,005 0.95 31.56 Insurance trust revenue 1,058,759 11.13 371.23 Total expenditure 9,347,768 100.00 3,277.62 Intergovernmental expenditure 2,869,259 30.69 1,006.05 Direct expenditure 6,478,509 69.31 2,271.57 Current operation 4,674,318 50.00 1,638.96 Capital outlay 758,059 8.11 265.80 Insurance benefits and repayments 663,584 7.10 232.67 Assistance and subsidies 268,090 2.87 94.00 Interest on debt 114,458 1.22 40.13 Exhibit: Salaries and wages 1,694,243 18.12 594.05 Total expenditure 9,347,768 100.00 3,277.62 General expenditure 8,621,990 92.24 3,023.14 Intergovernmental expenditure 2,869,259 30.69 1,006.05 Direct expenditure 5,752,731 61.54 2,017.09 General expenditure, by function: Education 3,594,533 38.45 1,260.36 Public welfare 1,737,531 18.59 609.23 Hospitals 493,587 5.28 173.07 Health 185,579 1.99 65.07 Highways 1,094,526 11.71 383.77 Police protection 58,567 0.63 20.54 Correction 200,491 2.14 70.30 Natural resources 212,175 2.27 74.40 Parks and recreation 18,205 0.19 6.38 Governmental administration 311,779 3.34 109.32 Interest on general debt 114,458 1.22 40.13 Other and unallocable 600,559 6.42 210.57 Utility expenditure 0 0.00 0.00 Liquor stores expenditure 62,194 0.67 21.81 Insurance trust expenditure 663,584 7.10 232.67 Debt at end of fiscal year 2,013,891 100.00 706.13 Cash and security holdings 18,888,500 100.00 6,622.90