STATE GOVERNMENT FINANCES: 1997 Amount Percent Per Maryland (in thousands) Distribution capita Population (thousands) 5,094 Total Revenue 20,128,472 100.00 3,951.41 General revenue 14,799,832 73.53 2,905.35 Intergovernmental revenue 3,411,382 16.95 669.69 Taxes 8,604,406 42.75 1,689.13 General sales 2,095,319 10.41 411.33 Selective sales 1,599,834 7.95 314.06 License taxes 349,632 1.74 68.64 Individual income tax 3,768,560 18.72 739.80 Corporate income tax 343,499 1.71 67.43 Other taxes 447,562 2.22 87.86 Current charges 1,442,899 7.17 283.25 Miscellaneous general revenue 1,341,145 6.66 263.28 Utility revenue 92,447 0.46 18.15 Liquor stores revenue 0 0.00 0.00 Insurance trust revenue 5,236,193 26.01 1,027.91 Total expenditure 16,199,545 100.00 3,180.12 Intergovernmental expenditure 3,536,070 21.83 694.16 Direct expenditure 12,663,475 78.17 2,485.96 Current operation 8,524,965 52.62 1,673.53 Capital outlay 1,150,434 7.10 225.84 Insurance benefits and repayments 1,839,637 11.36 361.14 Assistance and subsidies 546,602 3.37 107.30 Interest on debt 601,837 3.72 118.15 Exhibit: Salaries and wages 2,792,968 17.24 548.29 Total expenditure 16,199,545 100.00 3,180.12 General expenditure 14,001,947 86.43 2,748.71 Intergovernmental expenditure 3,536,070 21.83 694.16 Direct expenditure 10,465,877 64.61 2,054.55 General expenditure, by function: Education 4,400,969 27.17 863.95 Public welfare 3,023,036 18.66 593.45 Hospitals 319,502 1.97 62.72 Health 779,238 4.81 152.97 Highways 1,245,276 7.69 244.46 Police protection 250,796 1.55 49.23 Correction 741,403 4.58 145.54 Natural resources 316,791 1.96 62.19 Parks and recreation 157,527 0.97 30.92 Governmental administration 667,813 4.12 131.10 Interest on general debt 601,837 3.72 118.15 Other and unallocable 1,497,759 9.25 294.02 Utility expenditure 357,961 2.21 70.27 Liquor stores expenditure 0 0.00 0.00 Insurance trust expenditure 1,839,637 11.36 361.14 Debt at end of fiscal year 9,873,357 100.00 1,938.23 Cash and security holdings 40,443,157 100.00 7,939.37