STATE GOVERNMENT FINANCES: 1998 Amount Percent Per Minnesota (in thousands) Distribution capita Population (thousands) 4,725 Total Revenue 24,508,758 100.00 5,186.58 General revenue 17,856,170 72.86 3,778.75 Intergovernmental revenue 3,938,396 16.07 833.45 Taxes 11,503,928 46.94 2,434.48 General sales 3,243,611 13.23 686.42 Selective sales 1,689,402 6.89 357.51 License taxes 875,040 3.57 185.18 Individual income tax 4,749,801 19.38 1,005.16 Corporate income tax 753,188 3.07 159.39 Other taxes 192,886 0.79 40.82 Current charges 1,166,743 4.76 246.91 Miscellaneous general revenue 1,247,103 5.09 263.91 Utility revenue 0 0.00 0.00 Liquor stores revenue 0 0.00 0.00 Insurance trust revenue 6,652,588 27.14 1,407.83 Total expenditure 18,418,302 100.00 3,897.71 Intergovernmental expenditure 6,022,123 32.70 1,274.41 Direct expenditure 12,396,179 67.30 2,623.30 Current operation 8,610,822 46.75 1,822.23 Capital outlay 1,108,448 6.02 234.57 Insurance benefits and repayments 1,755,966 9.53 371.60 Assistance and subsidies 611,656 3.32 129.44 Interest on debt 309,287 1.68 65.45 Exhibit: Salaries and wages 3,047,451 16.55 644.91 Total expenditure 18,418,302 100.00 3,897.71 General expenditure 16,662,336 90.47 3,526.11 Intergovernmental expenditure 6,022,123 32.70 1,274.41 Direct expenditure 10,640,213 57.77 2,251.70 General expenditure, by function: Education 6,481,515 35.19 1,371.63 Public welfare 4,558,705 24.75 964.72 Hospitals 231,861 1.26 49.07 Health 467,222 2.54 98.87 Highways 1,240,704 6.74 262.56 Police protection 114,120 0.62 24.15 Correction 332,410 1.80 70.35 Natural resources 396,474 2.15 83.90 Parks and recreation 125,068 0.68 26.47 Governmental administration 668,855 3.63 141.54 Interest on general debt 309,287 1.68 65.45 Other and unallocable 1,736,115 9.43 367.40 Utility expenditure 0 0.00 0.00 Liquor stores expenditure 0 0.00 0.00 Insurance trust expenditure 1,755,966 9.53 371.60 Debt at end of fiscal year 5,332,686 100.00 1,128.51 Cash and security holdings 44,816,421 100.00 9,484.12