The U.S. Census Bureau
 
Table 1.  State and Local Government Finances by Level of Government and by State: 2004-05
(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 5,392,814 0.13 4,599,312 2,032,373 0.47
         
General revenue1 4,824,677 0.14 4,221,991 1,841,557 0.52
         
Intergovernmental revenue1 1,313,181 0.06 1,260,499 1,291,553 0.41
     From Federal Government 1,313,181 0.06 1,260,002 53,179 1.47
     From State government1 (1) 0.00 - 1,238,374 0.42
     From local governments1 (1) 0.00 497 (1) 0.00
         
General revenue from own sources   3,511,496 0.19 2,961,492 550,004 1.24
    Taxes   2,574,761 0.18 2,242,902 331,859 1.43
          Property 1,056,355 0.43 744,535 311,820 1.46
          Sales and gross receipts   787,102 0.13 778,104 8,998 11.26
               General sales   315,233 0.18 310,805 4,428 12.65
               Selective sales 471,869 0.10 467,299 4,570 9.91
                    Motor fuel 85,980 0.00 85,980 - 0.00
                    Alcoholic beverage 17,878 0.00 17,878 - 0.00
                    Tobacco products 48,360 0.00 48,360 - 0.00
                    Public utilities   12,165 0.00 10,721 1,444 0.00
                    Other selective sales   307,486 0.15 304,360 3,126 14.49
          Individual income   500,464 0.00 500,464 - 0.00
          Corporate income   68,962 0.00 68,962 - 0.00
          Motor vehicle license   61,793 0.01 61,769 24 21.21
          Other taxes   100,085 0.36 89,068 11,017 3.27
         
     Charges and miscellaneous general  revenue   936,735 0.49 718,590 218,145 2.09
          Current charges   542,161 0.44 403,611 138,550 1.73
               Education   361,667 0.00 340,767 20,900 0.00
                    Institutions  of higher education   340,704 0.00 340,704 - 0.00
                    School lunch sales (gross) 17,356 0.00 - 17,356 0.00
               Hospitals   - 0.00 - - 0.00
               Highways   456 3.50 27 429 3.72
               Air transportation (airports)   12,885 0.00 269 12,616 0.00
               Parking facilities   4,411 0.00 - 4,411 0.00
               Sea and inland port facilities   - 0.00 - - 0.00
               Natural resources   2,254 0.00 2,044 210 0.00
               Parks and recreation   14,872 0.88 6,454 8,418 1.55
               Housing and community development   7,182 0.00 885 6,297 0.00
               Sewerage   43,399 0.48 - 43,399 0.48
               Solid waste management   23,772 9.30 3,190 20,582 10.75
               Other charges   71,263 1.18 49,975 21,288 3.95
         
          Miscellaneous general revenue   394,574 0.97 314,979 79,595 4.83
               Interest earnings   142,716 0.20 128,857 13,859 2.02
               Special assessments   2,910 7.41 - 2,910 7.41
               Sale of property   842 0.00 139 703 0.00
               Other general revenue   248,106 1.50 185,983 62,123 5.97
         
Utility revenue 182,304 0.43 - 182,304 0.43
     Water supply   48,290 1.62 - 48,290 1.62
     Electric power   130,523 0.00 - 130,523 0.00
     Gas supply   - 0.00 - - 0.00
     Transit   3,491 0.00 - 3,491 0.00
         
Liquor store revenue   37,759 0.00 37,759 - 0.00
         
Insurance trust revenue   348,074 0.00 339,562 8,512 0.00
     Unemployment compensation   59,807 0.00 59,807 - 0.00
     Employee retirement   288,267 0.00 279,755 8,512 0.00
     Workers' compensation   - 0.00 - - 0.00
     Other insurance trust revenue   - 0.00 - - 0.00
         
 Expenditure1 5,179,203 0.19 4,435,774 2,009,783 0.49
         
By character and object:        
     Intergovernmental expenditure1 628 0.00 1,266,715 267 50.72
     Direct expenditure   5,178,575 0.19 3,169,059 2,009,516 0.49
          Current operations   4,309,239 0.19 2,517,805 1,791,434 0.46
          Capital outlay   385,265 1.29 210,757 174,508 2.85
               Construction   307,008 1.43 181,035 125,973 3.48
               Other capital outlay   78,257 2.89 29,722 48,535 4.66
          Assistance and subsidies   114,982 0.00 114,982 - 0.00
          Interest on debt   169,629 0.22 133,578 36,051 1.03
          Insurance benefits and repayments 199,460 0.00 191,937 7,523 0.00
          Exhibit: Salaries and wages   1,516,812 0.12 618,075 898,737 0.20
         
Direct expenditure by function 5,178,575 0.19 3,169,059 2,009,516 0.49
     Direct general expenditure   4,728,618 0.21 2,921,026 1,807,592 0.55
          Capital outlay   367,293 1.36 210,003 157,290 3.17
          Other direct general expenditure    4,361,325 0.19 2,711,023 1,650,302 0.50
         
          Education services:        
               Education   1,904,780 0.00 701,073 1,203,707 0.00
                    Capital outlay   158,364 0.00 94,988 63,376 0.00
                 Higher education   585,892 0.00 585,892 - 0.00
                    Capital outlay   94,561 0.00 94,561 - 0.00
                 Elementary & secondary   1,203,707 0.00 - 1,203,707 0.00
                    Capital outlay   63,376 0.00 - 63,376 0.00
                 Other education   115,181 0.00 115,181 - 0.00
               Libraries   15,248 2.63 3,289 11,959 3.36
         
          Social services and income maintenance:        
               Public welfare   1,129,781 0.01 1,128,982 799 17.52
                    Cash assistance payments 60,915 0.00 60,915 - 0.00
                    Vendor payments   821,895 0.00 821,807 88 6.50
                    Other public welfare   246,971 0.06 246,260 711 19.70
               Hospitals   883 2.57 832 51 44.49
                    Capital outlay   37 28.33 27 10 104.82
               Health   132,757 0.40 126,249 6,508 8.09
               Employment security administration    16,072 0.00 16,072 - 0.00
               Veterans' services   374 0.00 374 - 0.00
         
          Transportation:        
               Highways   363,362 1.35 222,678 140,684 3.47
                    Capital outlay   121,130 3.30 94,344 26,786 14.94
               Air transportation (airports) 22,193 0.00 6,195 15,998 0.00
               Parking facilities   5,643 0.00 - 5,643 0.00
               Sea and inland port facilities   25 0.00 - 25 0.00
         
          Public safety:        
               Police protection   134,328 0.27 76,199 58,129 0.63
               Fire protection   42,435 1.71 - 42,435 1.71
               Correction   96,665 0.00 96,660 5 87.60
                    Capital outlay   659 0.00 659 - 0.00
               Protective inspection and regulation   16,281 0.00 15,611 670 0.00
         
          Environment and housing:        
               Natural resources   86,737 0.07 85,637 1,100 5.13
                    Capital outlay   1,883 0.91 1,808 75 22.87
               Parks and recreation   34,911 2.07 14,362 20,549 3.51
                    Capital outlay   5,049 6.75 2,623 2,426 14.04
               Housing and community development    123,243 0.06 76,764 46,479 0.17
               Sewerage   57,886 0.53 - 57,886 0.53
                    Capital outlay   17,734 0.06 - 17,734 0.06
               Solid waste management   35,417 3.85 10,067 25,350 5.38
                    Capital outlay   2,283 13.01 21 2,262 13.13
         
          Governmental administration:        
               Financial administration   75,005 2.71 45,325 29,680 6.85
               Judicial and legal   54,837 0.38 49,973 4,864 4.28
               General public buildings 33,609 2.32 25,124 8,485 9.17
               Other governmental administration    56,987 11.33 20,935 36,052 17.91
          Interest on general debt   158,580 0.16 133,578 25,002 1.00
         
          General expenditure, n.e.c.:        
               Miscellaneous commercial activities   1,601 13.37 - 1,601 13.37
               Other and unallocable   128,978 3.12 65,047 63,931 6.29
         
     Utility expenditure 213,675 0.51 19,274 194,401 0.56
               Capital outlay   17,972 1.79 754 17,218 1.87
          Water supply   52,282 1.92 - 52,282 1.92
          Electric power   127,145 0.35 - 127,145 0.35
          Gas supply   - 0.00 - - 0.00
          Transit   34,248 0.00 19,274 14,974 0.00
         
     Liquor store expenditure   36,822 0.00 36,822 - 0.00
    0.00     0.00
     Insurance trust expenditure 199,460 0.00 191,937 7,523 0.00
          Unemployment compensation   71,646 0.00 71,646 - 0.00
          Employee retirement   127,814 0.00 120,291 7,523 0.00
          Workers' compensation   - 0.00 - - 0.00
          Other insurance trust   - 0.00 - - 0.00
         
 Debt outstanding   3,628,770 0.18 2,788,351 840,419 0.78
         
Short-term    84,951 0.76 68,745 16,206 3.99
Long-term    3,543,819 0.18 2,719,606 824,213 0.79
     Public debt for private purposes   1,588,877 0.00 1,588,004 873 0.00
Long-term debt issued   591,597 0.40 528,853 62,744 3.78
Long-term debt retired   370,044 3.00 290,386 79,658 13.95
  - 0.00 - - 0.00
 Cash and security holdings   6,246,295 0.12 5,790,339 455,956 1.69
         
Insurance trust funds   3,049,350 0.00 2,947,168 102,182 0.00
     Unemployment compensation    217,401 0.00 217,401 - 0.00
     Employee retirement   2,831,949 0.00 2,729,767 102,182 0.00
     Workers' compensation   - 0.00 - - 0.00
     Miscellaneous   - 0.00 - - 0.00
         
Other than insurance trust funds   3,196,945 0.24 2,843,171 353,774 2.18
     By purpose:        
          Offsets to debt   2,104,953 0.13 2,084,504 20,449 13.32
          Bond funds   58,579 2.56 30,715 27,864 5.38
          Other   1,033,413 0.78 727,952 305,461 2.64
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: June 03 2008
Last Revised: June 03 2008