STATE GOVERNMENT FINANCES: 1997


                                                    Amount          Percent            Per
Michigan                                    (in thousands)     Distribution         capita

Population (thousands)                               9,774                                
Total Revenue                                   45,509,221           100.00       4,656.15
  General revenue                               33,857,435            74.40       3,464.03
    Intergovernmental revenue                    8,267,080            18.17         845.82
    Taxes                                       19,855,941            43.63       2,031.51
      General sales                              7,132,110            15.67         729.70
      Selective sales                            1,739,707             3.82         177.99
      License taxes                              1,016,050             2.23         103.95
      Individual income tax                      5,930,404            13.03         606.75
      Corporate income tax                       2,228,753             4.90         228.03
      Other taxes                                1,808,917             3.97         185.07
    Current charges                              3,437,916             7.55         351.74
    Miscellaneous general revenue                2,296,498             5.05         234.96
  Utility revenue                                        0             0.00           0.00
  Liquor stores revenue                            482,833             1.06          49.40
  Insurance trust revenue                       11,168,953            24.54       1,142.72
                                                                                          
Total expenditure                               36,092,175           100.00       3,692.67
  Intergovernmental expenditure                 14,145,451            39.19       1,447.25
  Direct expenditure                            21,946,724            60.81       2,245.42
    Current operation                           15,462,769            42.84       1,582.03
    Capital outlay                               1,502,725             4.16         153.75
    Insurance benefits and repayments            3,171,551             8.79         324.49
    Assistance and subsidies                     1,022,686             2.83         104.63
    Interest on debt                               786,993             2.18          80.52
Exhibit: Salaries and wages                      5,170,072            14.32         528.96
                                                                                          
Total expenditure                               36,092,175           100.00       3,692.67
  General expenditure                           32,546,413            90.18       3,329.90
    Intergovernmental expenditure               14,145,451            39.19       1,447.25
    Direct expenditure                          18,400,962            50.98       1,882.64
  General expenditure, by function:                                                       
    Education                                   14,308,911            39.65       1,463.98
    Public welfare                               6,722,557            18.63         687.80
    Hospitals                                    1,420,141             3.93         145.30
    Health                                       2,046,674             5.67         209.40
    Highways                                     2,058,795             5.70         210.64
    Police protection                              253,342             0.70          25.92
    Correction                                   1,291,102             3.58         132.10
    Natural resources                              325,276             0.90          33.28
    Parks and recreation                            54,927             0.15           5.62
    Governmental administration                    718,300             1.99          73.49
    Interest on general debt                       786,993             2.18          80.52
    Other and unallocable                        2,559,395             7.09         261.86
  Utility expenditure                                    0             0.00           0.00
  Liquor stores expenditure                        374,211             1.04          38.29
  Insurance trust expenditure                    3,171,551             8.79         324.49
                                                                                          
  Debt at end of fiscal year                    14,431,375           100.00       1,476.51
                                                                                          
  Cash and security holdings                    60,166,323           100.00       6,155.75