STATE GOVERNMENT FINANCES: 1998


                                                    Amount          Percent            Per
New York                                    (in thousands)     Distribution         capita

Population (thousands)                              18,175                                
Total Revenue                                   96,131,441           100.00       5,289.13
  General revenue                               80,720,172            83.97       4,441.20
    Intergovernmental revenue                   33,790,935            35.15       1,859.17
    Taxes                                       36,154,533            37.61       1,989.21
      General sales                              7,615,370             7.92         419.00
      Selective sales                            4,807,569             5.00         264.51
      License taxes                                966,735             1.01          53.19
      Individual income tax                     18,289,070            19.03       1,006.26
      Corporate income tax                       3,127,524             3.25         172.08
      Other taxes                                1,348,265             1.40          74.18
    Current charges                              4,449,558             4.63         244.81
    Miscellaneous general revenue                6,325,146             6.58         348.01
  Utility revenue                                2,278,627             2.37         125.37
  Liquor stores revenue                                  0             0.00           0.00
  Insurance trust revenue                       13,132,642            13.66         722.55
                                                                                          
Total expenditure                               87,338,292           100.00       4,805.33
  Intergovernmental expenditure                 27,271,351            31.22       1,500.46
  Direct expenditure                            60,066,941            68.78       3,304.87
    Current operation                           39,982,970            45.78       2,199.85
    Capital outlay                               6,454,288             7.39         355.11
    Insurance benefits and repayments            8,515,164             9.75         468.50
    Assistance and subsidies                       935,442             1.07          51.47
    Interest on debt                             4,179,077             4.78         229.93
Exhibit: Salaries and wages                     10,309,890            11.80         567.25
                                                                                          
Total expenditure                               87,338,292           100.00       4,805.33
  General expenditure                           73,869,205            84.58       4,064.26
    Intergovernmental expenditure               27,271,351            31.22       1,500.46
    Direct expenditure                          46,597,854            53.35       2,563.80
  General expenditure, by function:                                                       
    Education                                   17,402,994            19.93         957.51
    Public welfare                              28,537,685            32.67       1,570.14
    Hospitals                                    3,346,194             3.83         184.11
    Health                                       2,351,440             2.69         129.38
    Highways                                     2,772,205             3.17         152.53
    Police protection                              419,160             0.48          23.06
    Correction                                   2,372,095             2.72         130.51
    Natural resources                              343,235             0.39          18.88
    Parks and recreation                           376,460             0.43          20.71
    Governmental administration                  3,497,236             4.00         192.42
    Interest on general debt                     3,693,869             4.23         203.24
    Other and unallocable                        8,756,632            10.03         481.79
  Utility expenditure                            4,953,923             5.67         272.56
  Liquor stores expenditure                              0             0.00           0.00
  Insurance trust expenditure                    8,515,164             9.75         468.50
                                                                                          
  Debt at end of fiscal year                    73,254,370           100.00       4,030.44
                                                                                          
  Cash and security holdings                   168,409,568           100.00       9,265.85