The U.S. Census Bureau
 
Table 1.  State and Local Government Finances by Level of Government and by State: 2005-06
(Dollar amounts are in thousands. Coefficients of variation (CV) are expressed as percents. For meaning
of abbreviations and symbols, see note below table.)
Description Vermont
State & local State & local  State  Local  Local
government government government government government
amount1 CV amount amount1 CV
1 2 3 4 5
         
 Revenue1 5,731,780 0.22 4,880,873 2,162,028 0.60
         
General revenue1 5,111,970 0.24 4,459,078 1,964,013 0.66
         
Intergovernmental revenue1 1,355,255 0.71 1,288,175 1,378,201 0.72
     From Federal Government 1,355,255 0.71 1,287,546 67,709 14.16
     From State government1 (1) 0.00 - 1,310,492 0.24
     From local governments1 (1) 0.00 629 (1) 0.00
         
General revenue from own sources   3,756,715 0.19 3,170,903 585,812 1.19
    Taxes   2,752,997 0.18 2,406,661 346,336 1.46
          Property 1,148,328 0.42 824,375 323,953 1.49
          Sales and gross receipts   810,900 0.13 801,203 9,697 10.58
               General sales   330,024 0.17 326,055 3,969 14.28
               Selective sales 480,876 0.10 475,148 5,728 8.02
                    Motor fuel 86,018 0.00 86,018 - 0.00
                    Alcoholic beverage 18,614 0.00 18,614 - 0.00
                    Tobacco products 48,931 0.00 48,931 - 0.00
                    Public utilities   11,732 0.00 10,201 1,531 0.00
                    Other selective sales   315,581 0.15 311,384 4,197 10.95
          Individual income   542,012 0.00 542,012 - 0.00
          Corporate income   86,083 0.00 86,083 - 0.00
          Motor vehicle license   59,503 0.01 59,428 75 7.40
          Other taxes   106,171 0.40 93,560 12,611 3.41
         
     Charges and miscellaneous general  revenue   1,003,718 0.44 764,242 239,476 1.84
          Current charges   588,932 0.35 438,968 149,964 1.36
               Education   403,601 0.00 379,645 23,956 0.00
                    Institutions  of higher education   379,576 0.00 379,576 - 0.00
                    School lunch sales (gross) 18,124 0.00 - 18,124 0.00
               Hospitals   225 0.00 225 - 0.00
               Highways   930 2.96 21 909 3.03
               Air transportation (airports)   13,356 0.33 261 13,095 0.33
               Parking facilities   5,160 0.00 - 5,160 0.00
               Sea and inland port facilities   76 0.00 - 76 0.00
               Natural resources   1,626 0.80 1,391 235 5.56
               Parks and recreation   15,601 1.37 7,005 8,596 2.49
               Housing and community development   9,044 0.00 2,494 6,550 0.00
               Sewerage   45,920 0.50 - 45,920 0.50
               Solid waste management   21,215 8.35 609 20,606 8.59
               Other charges   72,178 1.30 47,317 24,861 3.76
         
          Miscellaneous general revenue   414,786 0.95 325,274 89,512 4.39
               Interest earnings   173,884 0.18 152,706 21,178 1.48
               Special assessments   4,122 2.55 - 4,122 2.55
               Sale of property   3,618 0.22 245 3,373 0.23
               Other general revenue   233,162 1.62 172,323 60,839 6.20
         
Utility revenue 179,710 0.46 - 179,710 0.46
     Water supply   50,491 1.64 - 50,491 1.64
     Electric power   125,145 0.03 - 125,145 0.03
     Gas supply   - 0.00 - - 0.00
     Transit   4,074 0.00 - 4,074 0.00
         
Liquor store revenue   39,739 0.00 39,739 - 0.00
         
Insurance trust revenue   400,361 0.00 382,056 18,305 0.00
     Unemployment compensation   59,982 0.00 59,982 - 0.00
     Employee retirement   340,379 0.00 322,074 18,305 0.00
     Workers' compensation   - 0.00 - - 0.00
     Other insurance trust revenue   - 0.00 - - 0.00
         
 Expenditure1 5,389,968 0.20 4,647,719 2,093,708 0.50
         
By character and object:        
     Intergovernmental expenditure1 6,996 0.00 1,357,660 795 61.20
     Direct expenditure   5,382,972 0.20 3,290,059 2,092,913 0.50
          Current operations   4,427,958 0.23 2,563,903 1,864,055 0.55
          Capital outlay   440,642 0.58 255,764 184,878 1.37
               Construction   368,329 0.53 227,041 141,288 1.39
               Other capital outlay   72,313 1.75 28,723 43,590 2.90
          Assistance and subsidies   116,518 0.00 116,518 - 0.00
          Interest on debt   183,733 0.31 145,634 38,099 1.48
          Insurance benefits and repayments 214,121 0.00 208,240 5,881 0.00
          Exhibit: Salaries and wages   1,570,631 0.16 648,114 922,517 0.27
         
Direct expenditure by function 5,382,972 0.20 3,290,059 2,092,913 0.50
     Direct general expenditure   4,912,858 0.22 3,020,853 1,892,005 0.57
          Capital outlay   421,126 0.61 254,979 166,147 1.54
          Other direct general expenditure    4,491,732 0.23 2,765,874 1,725,858 0.61
         
          Education services:        
               Education   2,029,094 0.04 784,345 1,244,749 0.06
                    Capital outlay   199,886 0.00 140,522 59,364 0.00
                 Higher education   665,304 0.00 665,304 - 0.00
                    Capital outlay   140,100 0.00 140,100 - 0.00
                 Elementary & secondary   1,244,749 0.06 - 1,244,749 0.06
                    Capital outlay   59,364 0.00 - 59,364 0.00
                 Other education   119,041 0.00 119,041 - 0.00
               Libraries   16,023 1.96 3,267 12,756 2.46
         
          Social services and income maintenance:        
               Public welfare   1,122,519 0.02 1,121,285 1,234 15.03
                    Cash assistance payments 59,174 0.00 59,174 - 0.00
                    Vendor payments   810,000 0.01 809,930 70 82.77
                    Other public welfare   253,345 0.07 252,181 1,164 15.33
               Hospitals   5,363 0.42 5,311 52 43.64
                    Capital outlay   25 41.93 15 10 104.82
               Health   140,252 0.41 131,648 8,604 6.68
               Employment security administration    15,408 0.00 15,408 - 0.00
               Veterans' services   574 0.00 574 - 0.00
         
          Transportation:        
               Highways   379,810 0.89 225,847 153,963 2.20
                    Capital outlay   123,330 1.78 94,952 28,378 7.72
               Air transportation (airports) 26,785 0.02 11,392 15,393 0.04
               Parking facilities   4,843 0.00 - 4,843 0.00
               Sea and inland port facilities   125 0.00 - 125 0.00
         
          Public safety:        
               Police protection   135,961 0.29 74,395 61,566 0.63
               Fire protection   41,383 6.16 - 41,383 6.16
               Correction   101,311 0.01 101,302 9 85.17
                    Capital outlay   471 0.00 471 - 0.00
               Protective inspection and regulation   17,247 0.00 16,579 668 0.00
         
          Environment and housing:        
               Natural resources   92,499 0.18 90,940 1,559 10.67
                    Capital outlay   1,976 0.87 1,863 113 15.18
               Parks and recreation   35,620 1.91 16,140 19,480 3.50
                    Capital outlay   3,929 5.52 3,114 815 26.59
               Housing and community development    110,088 0.08 68,440 41,648 0.21
               Sewerage   58,757 0.62 - 58,757 0.62
                    Capital outlay   15,832 0.41 - 15,832 0.41
               Solid waste management   36,172 4.65 10,258 25,914 6.49
                    Capital outlay   1,401 15.37 50 1,351 15.94
         
          Governmental administration:        
               Financial administration   77,757 2.91 49,813 27,944 8.09
               Judicial and legal   57,719 0.42 50,906 6,813 3.56
               General public buildings 32,547 2.27 24,499 8,048 9.20
               Other governmental administration    58,172 11.77 19,720 38,452 17.80
          Interest on general debt   172,490 0.16 145,634 26,856 1.02
         
          General expenditure, n.e.c.:        
               Miscellaneous commercial activities   1,509 9.21 - 1,509 9.21
               Other and unallocable   142,830 1.94 53,150 89,680 3.08
         
     Utility expenditure 216,989 0.55 21,962 195,027 0.61
               Capital outlay   19,516 1.66 785 18,731 1.73
          Water supply   55,327 1.96 - 55,327 1.96
          Electric power   124,400 0.36 - 124,400 0.36
          Gas supply   - 0.00 - - 0.00
          Transit   37,262 0.00 21,962 15,300 0.00
         
     Liquor store expenditure   39,004 0.00 39,004 - 0.00
    0.00     0.00
     Insurance trust expenditure 214,121 0.00 208,240 5,881 0.00
          Unemployment compensation   76,781 0.00 76,781 - 0.00
          Employee retirement   137,340 0.00 131,459 5,881 0.00
          Workers' compensation   - 0.00 - - 0.00
          Other insurance trust   - 0.00 - - 0.00
         
 Debt outstanding   3,853,686 0.28 2,982,108 871,578 1.23
         
Short-term    104,779 0.18 90,529 14,250 1.29
Long-term    3,748,907 0.29 2,891,579 857,328 1.25
     Public debt for private purposes   1,612,532 0.00 1,611,703 829 0.00
Long-term debt issued   481,970 2.21 386,323 95,647 11.13
Long-term debt retired   315,828 0.46 214,350 101,478 1.44
  - 0.00 - - 0.00
 Cash and security holdings   6,594,905 0.33 6,101,007 493,898 4.44
         
Insurance trust funds   3,240,763 0.00 3,129,887 110,876 0.00
     Unemployment compensation    199,688 0.00 199,688 - 0.00
     Employee retirement   3,041,075 0.00 2,930,199 110,876 0.00
     Workers' compensation   - 0.00 - - 0.00
     Miscellaneous   - 0.00 - - 0.00
         
Other than insurance trust funds   3,354,142 0.65 2,971,120 383,022 5.72
     By purpose:        
          Offsets to debt   2,169,697 0.13 2,149,792 19,905 14.22
          Bond funds   69,623 13.78 28,928 40,695 23.58
          Other   1,114,822 1.28 792,400 322,422 4.44
1 Duplicative intergovernmental transactions are excluded.
Abbreviations and symbols:  -  zero or rounds to zero;  (X)   not applicable
n.e.c. = "not elsewhere classified"

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Source: U.S. Census Bureau, Governments Division
Created: July 01 2008
Last Revised: July 01 2008