STATE GOVERNMENT FINANCES: 1998 Amount Percent Per Texas (in thousands) Distribution capita Population (thousands) 19,760 Total Revenue 57,807,137 100.00 2,925.52 General revenue 48,065,757 83.15 2,432.53 Intergovernmental revenue 14,605,424 25.27 739.16 Taxes 24,629,000 42.61 1,246.43 General sales 12,474,161 21.58 631.30 Selective sales 7,409,373 12.82 374.98 License taxes 3,533,965 6.11 178.85 Individual income tax 0 0.00 0.00 Corporate income tax 0 0.00 0.00 Other taxes 1,211,501 2.10 61.31 Current charges 4,328,408 7.49 219.05 Miscellaneous general revenue 4,502,925 7.79 227.89 Utility revenue 0 0.00 0.00 Liquor stores revenue 0 0.00 0.00 Insurance trust revenue 9,741,380 16.85 492.99 Total expenditure 51,064,773 100.00 2,584.30 Intergovernmental expenditure 14,026,888 27.47 709.88 Direct expenditure 37,037,885 72.53 1,874.42 Current operation 26,233,907 51.37 1,327.65 Capital outlay 3,672,504 7.19 185.86 Insurance benefits and repayments 4,659,719 9.13 235.82 Assistance and subsidies 1,563,511 3.06 79.13 Interest on debt 908,244 1.78 45.96 Exhibit: Salaries and wages 7,006,120 13.72 354.57 Total expenditure 51,064,773 100.00 2,584.30 General expenditure 46,405,054 90.87 2,348.48 Intergovernmental expenditure 14,026,888 27.47 709.88 Direct expenditure 32,378,166 63.41 1,638.60 General expenditure, by function: Education 19,769,645 38.71 1,000.51 Public welfare 10,833,211 21.21 548.25 Hospitals 2,305,130 4.51 116.66 Health 1,450,106 2.84 73.39 Highways 3,520,271 6.89 178.15 Police protection 291,058 0.57 14.73 Correction 2,598,309 5.09 131.50 Natural resources 642,634 1.26 32.52 Parks and recreation 66,426 0.13 3.36 Governmental administration 1,311,198 2.57 66.36 Interest on general debt 908,244 1.78 45.96 Other and unallocable 2,708,822 5.30 137.09 Utility expenditure 0 0.00 0.00 Liquor stores expenditure 0 0.00 0.00 Insurance trust expenditure 4,659,719 9.13 235.82 Debt at end of fiscal year 14,408,011 100.00 729.16 Cash and security holdings 145,605,309 100.00 7,368.83