STATE GOVERNMENT FINANCES: 1998 Amount Percent Per Mississippi (in thousands) Distribution capita Population (thousands) 2,752 Total Revenue 10,611,243 100.00 3,855.70 General revenue 8,399,929 79.16 3,052.20 Intergovernmental revenue 2,947,073 27.77 1,070.85 Taxes 4,242,525 39.98 1,541.56 General sales 2,034,804 19.18 739.37 Selective sales 763,267 7.19 277.34 License taxes 300,255 2.83 109.10 Individual income tax 847,075 7.98 307.79 Corporate income tax 244,301 2.30 88.77 Other taxes 52,823 0.50 19.19 Current charges 782,361 7.37 284.28 Miscellaneous general revenue 427,970 4.03 155.51 Utility revenue 0 0.00 0.00 Liquor stores revenue 148,358 1.40 53.91 Insurance trust revenue 2,062,956 19.44 749.60 Total expenditure 9,335,836 100.00 3,392.27 Intergovernmental expenditure 2,876,187 30.81 1,045.09 Direct expenditure 6,459,649 69.19 2,347.18 Current operation 4,452,290 47.69 1,617.78 Capital outlay 1,013,915 10.86 368.42 Insurance benefits and repayments 690,420 7.40 250.87 Assistance and subsidies 146,971 1.57 53.40 Interest on debt 156,053 1.67 56.70 Exhibit: Salaries and wages 1,504,935 16.12 546.83 Total expenditure 9,335,836 100.00 3,392.27 General expenditure 8,526,198 91.33 3,098.08 Intergovernmental expenditure 2,876,187 30.81 1,045.09 Direct expenditure 5,650,011 60.52 2,052.99 General expenditure, by function: Education 3,041,818 32.58 1,105.27 Public welfare 1,887,879 20.22 685.98 Hospitals 466,143 4.99 169.38 Health 248,810 2.67 90.41 Highways 867,780 9.30 315.32 Police protection 55,715 0.60 20.24 Correction 220,605 2.36 80.16 Natural resources 190,599 2.04 69.26 Parks and recreation 138,674 1.49 50.39 Governmental administration 232,400 2.49 84.44 Interest on general debt 156,053 1.67 56.70 Other and unallocable 1,019,722 10.92 370.53 Utility expenditure 0 0.00 0.00 Liquor stores expenditure 119,218 1.28 43.32 Insurance trust expenditure 690,420 7.40 250.87 Debt at end of fiscal year 2,673,577 100.00 971.47 Cash and security holdings 16,484,105 100.00 5,989.66