STATE GOVERNMENT FINANCES: 1997 Amount Percent Per Kentucky (in thousands) Distribution capita Population (thousands) 3,908 Total Revenue 15,032,508 100.00 3,846.60 General revenue 12,431,136 82.70 3,180.95 Intergovernmental revenue 3,463,950 23.04 886.37 Taxes 6,818,992 45.36 1,744.88 General sales 1,882,682 12.52 481.75 Selective sales 1,311,431 8.72 335.58 License taxes 427,137 2.84 109.30 Individual income tax 2,205,023 14.67 564.23 Corporate income tax 292,753 1.95 74.91 Other taxes 699,966 4.66 179.11 Current charges 1,216,588 8.09 311.31 Miscellaneous general revenue 931,606 6.20 238.38 Utility revenue 0 0.00 0.00 Liquor stores revenue 0 0.00 0.00 Insurance trust revenue 2,601,372 17.30 665.65 Total expenditure 12,949,018 100.00 3,313.46 Intergovernmental expenditure 2,918,190 22.54 746.72 Direct expenditure 10,030,828 77.46 2,566.74 Current operation 6,885,246 53.17 1,761.83 Capital outlay 1,121,177 8.66 286.89 Insurance benefits and repayments 1,306,139 10.09 334.22 Assistance and subsidies 333,938 2.58 85.45 Interest on debt 384,328 2.97 98.34 Exhibit: Salaries and wages 2,405,426 18.58 615.51 Total expenditure 12,949,018 100.00 3,313.46 General expenditure 11,634,331 89.85 2,977.06 Intergovernmental expenditure 2,918,190 22.54 746.72 Direct expenditure 8,716,141 67.31 2,230.33 General expenditure, by function: Education 4,398,379 33.97 1,125.48 Public welfare 3,207,075 24.77 820.64 Hospitals 447,971 3.46 114.63 Health 302,747 2.34 77.47 Highways 1,090,645 8.42 279.08 Police protection 121,365 0.94 31.06 Correction 260,235 2.01 66.59 Natural resources 215,328 1.66 55.10 Parks and recreation 105,381 0.81 26.97 Governmental administration 467,518 3.61 119.63 Interest on general debt 384,328 2.97 98.34 Other and unallocable 633,359 4.89 162.07 Utility expenditure 8,548 0.07 2.19 Liquor stores expenditure 0 0.00 0.00 Insurance trust expenditure 1,306,139 10.09 334.22 Debt at end of fiscal year 7,120,354 100.00 1,821.99 Cash and security holdings 24,059,347 100.00 6,156.43