STATE GOVERNMENT FINANCES: 1998 Amount Percent Per South Carolina (in thousands) Distribution capita Population (thousands) 3,836 Total Revenue 15,202,985 100.00 3,963.28 General revenue 11,415,166 75.09 2,975.83 Intergovernmental revenue 3,442,418 22.64 897.41 Taxes 5,683,148 37.38 1,481.54 General sales 2,162,858 14.23 563.84 Selective sales 731,430 4.81 190.68 License taxes 404,915 2.66 105.56 Individual income tax 2,087,461 13.73 544.18 Corporate income tax 213,622 1.41 55.69 Other taxes 82,862 0.55 21.60 Current charges 1,615,530 10.63 421.15 Miscellaneous general revenue 674,070 4.43 175.72 Utility revenue 727,824 4.79 189.74 Liquor stores revenue 0 0.00 0.00 Insurance trust revenue 3,059,995 20.13 797.71 Total expenditure 13,574,926 100.00 3,538.86 Intergovernmental expenditure 3,142,089 23.15 819.11 Direct expenditure 10,432,837 76.85 2,719.74 Current operation 7,852,702 57.85 2,047.13 Capital outlay 865,033 6.37 225.51 Insurance benefits and repayments 1,069,675 7.88 278.85 Assistance and subsidies 255,985 1.89 66.73 Interest on debt 389,442 2.87 101.52 Exhibit: Salaries and wages 2,694,447 19.85 702.42 Total expenditure 13,574,926 100.00 3,538.86 General expenditure 11,845,862 87.26 3,088.11 Intergovernmental expenditure 3,142,089 23.15 819.11 Direct expenditure 8,703,773 64.12 2,268.99 General expenditure, by function: Education 4,208,554 31.00 1,097.13 Public welfare 2,955,074 21.77 770.36 Hospitals 707,356 5.21 184.40 Health 627,252 4.62 163.52 Highways 711,195 5.24 185.40 Police protection 170,145 1.25 44.36 Correction 422,760 3.11 110.21 Natural resources 185,264 1.36 48.30 Parks and recreation 49,984 0.37 13.03 Governmental administration 288,667 2.13 75.25 Interest on general debt 221,370 1.63 57.71 Other and unallocable 1,298,241 9.56 338.44 Utility expenditure 659,389 4.86 171.90 Liquor stores expenditure 0 0.00 0.00 Insurance trust expenditure 1,069,675 7.88 278.85 Debt at end of fiscal year 5,191,423 100.00 1,353.36 Cash and security holdings 22,234,136 100.00 5,796.23