STATE GOVERNMENT FINANCES: 1997


                                                    Amount          Percent            Per
United States                               (in thousands)     Distribution         capita

Population (thousands)                             267,107                                
Total Revenue                                1,039,440,392           100.00       3,891.48
  General revenue                              814,649,339            78.37       3,049.90
    Intergovernmental revenue                  230,859,380            22.21         864.30
    Taxes                                      443,335,463            42.65       1,659.77
      General sales                            147,068,715            14.15         550.60
      Selective sales                           68,668,393             6.61         257.08
      License taxes                             28,216,617             2.71         105.64
      Individual income tax                    144,668,011            13.92         541.61
      Corporate income tax                      30,661,951             2.95         114.79
      Other taxes                               24,051,776             2.31          90.05
    Current charges                             72,303,271             6.96         270.69
    Miscellaneous general revenue               68,151,225             6.56         255.15
  Utility revenue                                4,045,724             0.39          15.15
  Liquor stores revenue                          3,291,509             0.32          12.32
  Insurance trust revenue                      217,453,820            20.92         814.11
                                                                                          
Total expenditure                              893,392,972           100.00       3,344.70
  Intergovernmental expenditure                264,207,209            29.57         989.14
  Direct expenditure                           629,185,763            70.43       2,355.56
    Current operation                          425,898,730            47.67       1,594.49
    Capital outlay                              59,657,707             6.68         223.35
    Insurance benefits and repayments           94,737,761            10.60         354.68
    Assistance and subsidies                    21,866,744             2.45          81.87
    Interest on debt                            27,024,821             3.02         101.18
Exhibit: Salaries and wages                    135,597,841            15.18         507.65
                                                                                          
Total expenditure                              893,392,972           100.00       3,344.70
  General expenditure                          788,175,737            88.22       2,950.79
    Intergovernmental expenditure              264,207,209            29.57         989.14
    Direct expenditure                         523,968,528            58.65       1,961.64
  General expenditure, by function:                                                       
    Education                                  275,820,952            30.87       1,032.62
    Public welfare                             203,204,283            22.75         760.76
    Hospitals                                   29,313,344             3.28         109.74
    Health                                      33,879,585             3.79         126.84
    Highways                                    60,203,916             6.74         225.39
    Police protection                            7,500,993             0.84          28.08
    Correction                                  29,042,709             3.25         108.73
    Natural resources                           12,908,623             1.44          48.33
    Parks and recreation                         3,900,274             0.44          14.60
    Governmental administration                 28,656,493             3.21         107.28
    Interest on general debt                    26,310,095             2.94          98.50
    Other and unallocable                       77,434,470             8.67         289.90
  Utility expenditure                            7,782,506             0.87          29.14
  Liquor stores expenditure                      2,696,968             0.30          10.10
  Insurance trust expenditure                   94,737,761            10.60         354.68
                                                                                          
  Debt at end of fiscal year                   455,697,359           100.00       1,706.05
                                                                                          
  Cash and security holdings                 1,785,700,142           100.00       6,685.34