STATE GOVERNMENT FINANCES: 1998 Amount Percent Per Colorado (in thousands) Distribution capita Population (thousands) 3,971 Total Revenue 13,514,305 100.00 3,403.27 General revenue 10,953,476 81.05 2,758.39 Intergovernmental revenue 2,788,627 20.63 702.25 Taxes 5,890,211 43.59 1,483.32 General sales 1,530,832 11.33 385.51 Selective sales 787,605 5.83 198.34 License taxes 277,802 2.06 69.96 Individual income tax 2,881,537 21.32 725.65 Corporate income tax 271,143 2.01 68.28 Other taxes 141,292 1.05 35.58 Current charges 1,292,396 9.56 325.46 Miscellaneous general revenue 982,242 7.27 247.36 Utility revenue 0 0.00 0.00 Liquor stores revenue 0 0.00 0.00 Insurance trust revenue 2,560,829 18.95 644.89 Total expenditure 11,277,701 100.00 2,840.04 Intergovernmental expenditure 3,159,458 28.02 795.64 Direct expenditure 8,118,243 71.98 2,044.40 Current operation 5,720,705 50.73 1,440.63 Capital outlay 899,355 7.97 226.48 Insurance benefits and repayments 1,167,562 10.35 294.02 Assistance and subsidies 89,695 0.80 22.59 Interest on debt 240,926 2.14 60.67 Exhibit: Salaries and wages 2,235,670 19.82 563.00 Total expenditure 11,277,701 100.00 2,840.04 General expenditure 10,104,647 89.60 2,544.63 Intergovernmental expenditure 3,159,458 28.02 795.64 Direct expenditure 6,945,189 61.58 1,748.99 General expenditure, by function: Education 4,333,068 38.42 1,091.19 Public welfare 2,401,070 21.29 604.66 Hospitals 150,831 1.34 37.98 Health 282,136 2.50 71.05 Highways 989,106 8.77 249.08 Police protection 62,578 0.55 15.76 Correction 619,477 5.49 156.00 Natural resources 156,021 1.38 39.29 Parks and recreation 49,089 0.44 12.36 Governmental administration 334,164 2.96 84.15 Interest on general debt 237,246 2.10 59.75 Other and unallocable 489,861 4.34 123.36 Utility expenditure 5,492 0.05 1.38 Liquor stores expenditure 0 0.00 0.00 Insurance trust expenditure 1,167,562 10.35 294.02 Debt at end of fiscal year 3,637,200 100.00 915.95 Cash and security holdings 25,067,505 100.00 6,312.69