STATE GOVERNMENT FINANCES: 1997


                                                    Amount          Percent            Per
Massachusetts                               (in thousands)     Distribution         capita

Population (thousands)                               6,118                                
Total Revenue                                   26,537,977           100.00       4,337.69
  General revenue                               23,810,978            89.72       3,891.95
    Intergovernmental revenue                    5,808,872            21.89         949.47
    Taxes                                       13,305,471            50.14       2,174.81
      General sales                              2,876,066            10.84         470.10
      Selective sales                            1,341,352             5.05         219.25
      License taxes                                431,012             1.62          70.45
      Individual income tax                      7,181,821            27.06       1,173.88
      Corporate income tax                       1,213,366             4.57         198.33
      Other taxes                                  261,854             0.99          42.80
    Current charges                              1,907,084             7.19         311.72
    Miscellaneous general revenue                2,789,551            10.51         455.96
  Utility revenue                                   68,768             0.26          11.24
  Liquor stores revenue                                  0             0.00           0.00
  Insurance trust revenue                        2,658,231            10.02         434.49
                                                                                          
Total expenditure                               25,790,660           100.00       4,215.54
  Intergovernmental expenditure                  5,636,518            21.85         921.30
  Direct expenditure                            20,154,142            78.15       3,294.24
    Current operation                           12,943,968            50.19       2,115.72
    Capital outlay                               2,536,074             9.83         414.53
    Insurance benefits and repayments            2,106,276             8.17         344.28
    Assistance and subsidies                       779,822             3.02         127.46
    Interest on debt                             1,788,002             6.93         292.25
Exhibit: Salaries and wages                      3,331,581            12.92         544.55
                                                                                          
Total expenditure                               25,790,660           100.00       4,215.54
  General expenditure                           23,588,935            91.46       3,855.66
    Intergovernmental expenditure                5,636,518            21.85         921.30
    Direct expenditure                          17,952,417            69.61       2,934.36
  General expenditure, by function:                                                       
    Education                                    4,956,373            19.22         810.13
    Public welfare                               5,881,466            22.80         961.34
    Hospitals                                      886,275             3.44         144.86
    Health                                       1,325,680             5.14         216.69
    Highways                                     2,144,031             8.31         350.45
    Police protection                              266,975             1.04          43.64
    Correction                                     811,276             3.15         132.60
    Natural resources                              202,166             0.78          33.04
    Parks and recreation                           142,859             0.55          23.35
    Governmental administration                    982,292             3.81         160.56
    Interest on general debt                     1,770,908             6.87         289.46
    Other and unallocable                        4,218,634            16.36         689.54
  Utility expenditure                               95,449             0.37          15.60
  Liquor stores expenditure                              0             0.00           0.00
  Insurance trust expenditure                    2,106,276             8.17         344.28
                                                                                          
  Debt at end of fiscal year                    29,386,049           100.00       4,803.21
                                                                                          
  Cash and security holdings                    35,435,241           100.00       5,791.96