STATE GOVERNMENT FINANCES: 1997 Amount Percent Per Texas (in thousands) Distribution capita Population (thousands) 19,439 Total Revenue 63,864,034 100.00 3,285.36 General revenue 45,546,186 71.32 2,343.03 Intergovernmental revenue 13,800,422 21.61 709.93 Taxes 23,024,628 36.05 1,184.46 General sales 11,361,888 17.79 584.49 Selective sales 7,042,103 11.03 362.27 License taxes 3,265,491 5.11 167.99 Individual income tax 0 0.00 0.00 Corporate income tax 0 0.00 0.00 Other taxes 1,355,146 2.12 69.71 Current charges 3,814,664 5.97 196.24 Miscellaneous general revenue 4,906,472 7.68 252.40 Utility revenue 0 0.00 0.00 Liquor stores revenue 0 0.00 0.00 Insurance trust revenue 18,317,848 28.68 942.32 Total expenditure 48,887,370 100.00 2,514.91 Intergovernmental expenditure 12,805,943 26.19 658.78 Direct expenditure 36,081,427 73.81 1,856.14 Current operation 25,788,698 52.75 1,326.65 Capital outlay 3,151,034 6.45 162.10 Insurance benefits and repayments 4,762,969 9.74 245.02 Assistance and subsidies 1,535,654 3.14 79.00 Interest on debt 843,072 1.72 43.37 Exhibit: Salaries and wages 6,508,824 13.31 334.83 Total expenditure 48,887,370 100.00 2,514.91 General expenditure 44,124,401 90.26 2,269.89 Intergovernmental expenditure 12,805,943 26.19 658.78 Direct expenditure 31,318,458 64.06 1,611.11 General expenditure, by function: Education 18,303,434 37.44 941.58 Public welfare 11,524,742 23.57 592.87 Hospitals 1,961,616 4.01 100.91 Health 1,331,742 2.72 68.51 Highways 3,290,971 6.73 169.30 Police protection 293,623 0.60 15.10 Correction 2,252,637 4.61 115.88 Natural resources 571,590 1.17 29.40 Parks and recreation 67,392 0.14 3.47 Governmental administration 1,238,556 2.53 63.72 Interest on general debt 843,072 1.72 43.37 Other and unallocable 2,445,026 5.00 125.78 Utility expenditure 0 0.00 0.00 Liquor stores expenditure 0 0.00 0.00 Insurance trust expenditure 4,762,969 9.74 245.02 Debt at end of fiscal year 12,461,867 100.00 641.08 Cash and security holdings 121,587,189 100.00 6,254.81