The U.S. Census Bureau
 
Table 1.  State and Local Government Finances by Level of Government
                 and by State: 2001 - 02
(Dollar amounts are in thousands.  For meaning of abbreviations and symbols, see note below table. Revised October 2005)
Description Vermont
State & local  State  Local
government government government
amount1 amount amount1
1 2 3
   
 Population (April 1, 2000, in thousands) 609 (X) (X)
     
                    Revenue1 4,045,603 3,259,608 1,668,473
     
               General revenue1 3,857,389 3,229,227 1,510,640
     
Intergovernmental revenue1 1,087,106 1,086,896 882,688
     From federal government 1,087,106 1,041,012 46,094
     From state government X X 836,594
     From local government1 X 45,884 X
     
General revenue from own sources   2,770,283 2,142,331 627,952
    Taxes   1,965,132 1,518,479 446,653
          Property 823,610 390,695 432,915
          Sales and gross receipts   572,821 569,702 3,119
               General sales   214,746 214,746 -
               Selective sales 358,075 354,956 3,119
                    Motor fuel 71,187 71,187 -
                    Alcoholic beverage 15,579 15,579 -
                    Tobacco products 26,599 26,599 -
                    Public utilities   10,036 8,680 1,356
                    Other selective sales   234,674 232,911 1,763
          Individual income   407,835 407,835 -
          Corporate income   37,306 37,306 -
          License taxes 73,954 73,954 -
            Motor vehicle license   40,974 40,974 -
          Other taxes   49,606 38,987 10,619
     
     Charges and miscellaneous general  revenue   805,151 623,852 181,299
          Current charges   436,720 323,767 112,953
               Education   293,781 276,170 17,611
                    Institutions of higher education   275,989 275,989 -
                    School lunch sales (gross) 15,132 - 15,132
               Hospitals   211 211 -
               Highways   2,417 109 2,308
               Air transportation (airports)   9,227 163 9,064
               Parking facilities   5,834 - 5,834
               Sea and inland port facilities   - - -
               Natural resources   2,247 2,065 182
               Parks and recreation   11,417 6,499 4,918
               Housing and community development   6,795 958 5,837
               Sewerage   36,002 - 36,002
               Solid waste management   14,992 32 14,960
               Other charges   53,797 37,560 16,237
     
          Miscellaneous general revenue   368,431 300,085 68,346
               Interest earnings   168,846 151,759 17,087
               Special assessments   2,728 - 2,728
               Sale of property   373 - 373
               Other general revenue   196,484 148,326 48,158
     
               Other than general revenue 188,214 30,381 157,833
     
Utility revenue 167,336 - 167,336
     Water supply   54,708 - 54,708
     Electric power   109,060 - 109,060
     Gas supply   - - -
     Transit   3,568 - 3,568
     
Liquor store revenue   32,957 32,957 -
     
Insurance trust revenue   -12,079 -2,576 -9,503
     Unemployment compensation   65,066 65,066 -
     Employee retirement   -77,145 -67,642 -9,503
     Workers' compensation   - - -
     Other insurance trust revenue   - - -
     
                Expenditure1 4,218,112 3,511,510 1,615,701
     
     Intergovernmental expenditure1 9,889 918,858 130
     Direct expenditure   4,208,223 2,592,652 1,615,571
          Current operations   3,379,582 1,960,732 1,418,850
          Capital outlay   359,749 210,890 148,859
               Construction   289,661 178,973 110,688
               Other capital outlay   70,088 31,917 38,171
          Assistance and subsidies   112,251 112,251 -
          Interest on debt   177,451 134,013 43,438
          Insurance benefits and repayments 179,190 174,766 4,424
          Exhibit: Salaries and wages   1,284,424 544,324 740,100
     
Direct expenditure by function 4,208,223 2,592,652 1,615,571
     Direct general expenditure   3,804,994 2,372,150 1,432,844
          Capital outlay   326,210 201,013 125,197
          Other direct general expenditure    3,478,784 2,171,137 1,307,647
     
          Education services:      
               Education   1,460,238 523,562 936,676
                       Capital outlay   100,025 36,178 63,847
                   Higher education   428,518 428,518 -
                        Capital outlay   35,927 35,927 -
                   Elementary & secondary   936,676 - 936,676
                        Capital outlay   63,847 - 63,847
                   Other education   95,044 95,044 -
               Libraries   14,108 3,087 11,021
     
          Social services and income maintenance: :    
               Public welfare   756,815 756,196 619
                    Cash assistance payments 56,639 56,639 -
                    Vendor payments   494,404 494,342 62
                    Other public welfare   205,772 205,215 557
               Hospitals   9,485 9,469 16
                    Capital outlay   104 102 2
               Health   78,036 72,280 5,756
               Social insurance administration    2,664 2,664 -
               Veterans' services   - - -
     
          Transportation:      
               Highways   362,207 238,720 123,487
                    Capital outlay   141,627 122,361 19,266
               Air transportation (airports) 16,856 10,211 6,645
               Parking facilities   5,660 - 5,660
               Sea and inland port facilities   12 - 12
               Transit subsidies   47 - 47
     
          Public safety:      
               Police protection   91,960 48,332 43,628
               Fire protection   35,318 - 35,318
               Correction   79,555 79,527 28
                    Capital outlay   544 544 -
               Protective inspection and regulation   22,145 21,583 562
     
          Environment and housing:      
               Natural resources   66,499 65,370 1,129
                    Capital outlay   1,868 1,653 215
               Parks and recreation   30,927 14,736 16,191
                    Capital outlay   3,751 1,773 1,978
               Housing and community development    90,095 55,949 34,146
               Sewerage   41,556 1,245 40,311
                    Capital outlay   8,022 62 7,960
               Solid waste management   35,111 10,155 24,956
                    Capital outlay   1,282 24 1,258
     
          Governmental administration:      
               Financial administration   125,448 85,230 40,218
               Judicial and legal   42,624 39,049 3,575
               General public buildings 54,495 50,426 4,069
               Other governmental administration    32,001 17,702 14,299
          Interest on general debt   163,638 134,013 29,625
     
          General expenditure, n.e.c.:      
               Miscellaneous commercial activities   - - -
               Other and unallocable   187,494 132,644 54,850
     
     Utility expenditure 190,748 12,445 178,303
               Capital outlay   33,539 9,877 23,662
          Water supply   58,568 - 58,568
          Electric power   100,325 - 100,325
          Gas supply   - - -
          Transit   31,855 12,445 19,410
     
     Liquor store expenditure   33,291 33,291 -
     
     Insurance trust expenditure 179,190 174,766 4,424
          Unemployment compensation   82,199 82,199 -
          Employee retirement   96,991 92,567 4,424
          Workers' compensation   - - -
          Other insurance trust   - - -
     
               Debt outstanding   3,209,750 2,465,782 743,968
     
Short-term    17,682 28 17,654
Long-term    3,192,068 2,465,754 726,314
     Full faith and credit   975,054 505,355 469,699
     Nonguaranteed   2,217,014 1,960,399 256,615
     
Long-term debt by purpose:      
     Public debt for private purposes   1,343,007 1,342,030 977
     Education   451,688 205,224 246,464
     Utilities   242,265 - 242,265
     Other   1,155,108 918,500 236,608
Long-term debt issued   494,165 421,852 72,313
Long-term debt retired   382,716 281,707 101,009
     
                Cash and security holdings   5,288,872 4,879,739 409,133
     
Insurance trust funds   2,520,390 2,430,625 89,765
     Unemployment compensation    303,564 303,564 -
     Employee retirement   2,216,826 2,127,061 89,765
     Workers' compensation   - - -
     Miscellaneous   - - -
     
Other than insurance trust funds   2,768,482 2,449,114 319,368
     By purpose:      
          Offsets to debt   1,734,605 1,722,462 12,143
          Bond funds   86,476 60,070 26,406
          Other   947,401 666,582 280,819
1 Duplicative intergovernmental transactions are excluded.
Abbreviations and symbols:  -  zero or rounds to zero;  (NA)   not available;  (X)   not applicable
Population source: U. S. Census Bureau, Population Division, released December 28, 2000

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Source: U.S. Census Bureau, Governments Division
Created: December 09 2005
Last Revised: December 09 2005