STATE GOVERNMENT FINANCES: 1998 Amount Percent Per Rhode Island (in thousands) Distribution capita Population (thousands) 988 Total Revenue 4,437,538 100.00 4,489.25 General revenue 3,781,200 85.21 3,825.27 Intergovernmental revenue 1,146,311 25.83 1,159.67 Taxes 1,821,305 41.04 1,842.53 General sales 525,672 11.85 531.80 Selective sales 374,530 8.44 378.89 License taxes 87,653 1.98 88.67 Individual income tax 735,639 16.58 744.21 Corporate income tax 69,714 1.57 70.53 Other taxes 28,097 0.63 28.42 Current charges 287,332 6.48 290.68 Miscellaneous general revenue 526,252 11.86 532.39 Utility revenue 9,899 0.22 10.01 Liquor stores revenue 0 0.00 0.00 Insurance trust revenue 646,439 14.57 653.97 Total expenditure 3,964,337 100.00 4,010.54 Intergovernmental expenditure 548,018 13.82 554.40 Direct expenditure 3,416,319 86.18 3,456.13 Current operation 2,239,177 56.48 2,265.27 Capital outlay 228,411 5.76 231.07 Insurance benefits and repayments 512,674 12.93 518.65 Assistance and subsidies 166,825 4.21 168.77 Interest on debt 269,232 6.79 272.37 Exhibit: Salaries and wages 751,378 18.95 760.13 Total expenditure 3,964,337 100.00 4,010.54 General expenditure 3,413,431 86.10 3,453.21 Intergovernmental expenditure 548,018 13.82 554.40 Direct expenditure 2,865,413 72.28 2,898.81 General expenditure, by function: Education 982,103 24.77 993.55 Public welfare 1,017,366 25.66 1,029.22 Hospitals 77,953 1.97 78.86 Health 129,777 3.27 131.29 Highways 189,681 4.78 191.89 Police protection 25,495 0.64 25.79 Correction 126,578 3.19 128.05 Natural resources 37,752 0.95 38.19 Parks and recreation 34,044 0.86 34.44 Governmental administration 195,295 4.93 197.57 Interest on general debt 269,227 6.79 272.36 Other and unallocable 328,160 8.28 331.98 Utility expenditure 38,232 0.96 38.68 Liquor stores expenditure 0 0.00 0.00 Insurance trust expenditure 512,674 12.93 518.65 Debt at end of fiscal year 5,351,703 100.00 5,414.07 Cash and security holdings 9,786,539 100.00 9,900.59