STATE GOVERNMENT FINANCES: 1998 Amount Percent Per Connecticut (in thousands) Distribution capita Population (thousands) 3,274 Total Revenue 16,520,398 100.00 5,045.83 General revenue 14,452,190 87.48 4,414.14 Intergovernmental revenue 3,016,337 18.26 921.28 Taxes 9,393,604 56.86 2,869.09 General sales 3,031,699 18.35 925.97 Selective sales 1,688,832 10.22 515.82 License taxes 360,017 2.18 109.96 Individual income tax 3,405,916 20.62 1,040.27 Corporate income tax 534,939 3.24 163.39 Other taxes 372,201 2.25 113.68 Current charges 943,349 5.71 288.13 Miscellaneous general revenue 1,098,900 6.65 335.64 Utility revenue 23,567 0.14 7.20 Liquor stores revenue 0 0.00 0.00 Insurance trust revenue 2,044,641 12.38 624.50 Total expenditure 14,516,273 100.00 4,433.71 Intergovernmental expenditure 2,627,781 18.10 802.60 Direct expenditure 11,888,492 81.90 3,631.11 Current operation 7,845,322 54.05 2,396.20 Capital outlay 846,824 5.83 258.65 Insurance benefits and repayments 1,635,081 11.26 499.40 Assistance and subsidies 578,243 3.98 176.61 Interest on debt 983,022 6.77 300.24 Exhibit: Salaries and wages 2,687,424 18.51 820.82 Total expenditure 14,516,273 100.00 4,433.71 General expenditure 12,680,829 87.36 3,873.11 Intergovernmental expenditure 2,627,781 18.10 802.60 Direct expenditure 10,053,048 69.25 3,070.51 General expenditure, by function: Education 3,143,491 21.65 960.12 Public welfare 3,036,491 20.92 927.44 Hospitals 1,054,818 7.27 322.17 Health 402,252 2.77 122.86 Highways 685,700 4.72 209.43 Police protection 114,216 0.79 34.89 Correction 480,406 3.31 146.73 Natural resources 73,103 0.50 22.33 Parks and recreation 42,325 0.29 12.93 Governmental administration 676,949 4.66 206.76 Interest on general debt 983,022 6.77 300.24 Other and unallocable 1,988,056 13.70 607.21 Utility expenditure 200,363 1.38 61.20 Liquor stores expenditure 0 0.00 0.00 Insurance trust expenditure 1,635,081 11.26 499.40 Debt at end of fiscal year 17,727,048 100.00 5,414.38 Cash and security holdings 26,339,471 100.00 8,044.87