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CONDENSED ANNUAL STATEMENT OF REVENUES AND EXPENDITURES
Fiscal Year Ended June 30, 1970
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REVENUES
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TOTAL STATE TREASURY RECEIPTS...................................
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$3,462,973,000
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LESS — INVESTMENT TRANSACTIONS, REVOLVING RECEIPTS, ETC...........
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2,046,160,000
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NET OPERATING REVENUES
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TAXES AND OTHER REVENUES (After Refunds)......................................
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.............$1,182,365,000
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CONSTRUCTION BOND ISSUES......................................................................
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.............. 20,822,000
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FEDERAL FUNDS..................................... ......
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.............. 213,626,000
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NET TOTAL........................................................
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$1,416,813,000
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EXPENDITURES
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TOTAL STATE TREASURY DISBURSEMENTS............................
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$3,466,793,000
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LESS — INVESTMENT TRANSACTIONS, REVOLVING
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DISBURSEMENTS, ETC...................................................................................
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2,110,153,000
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NET OPERATING EXPENDITURES
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EDUCATION, SOCIAL SERVICES, HEALTH..................................................
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.............,$745,026,000
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HIGHWAYS........................................................................................................
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.............. 218,552,000
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DISTRIBUTION To LOCAL GOVERNMENTS...............................................
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.............. 66,992,000
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CONSTRUCTION AND EQUIPMENT OF STATE BUILDINGS........................
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.............. 73,473,000
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DEBT SERVICE..............................................................................................
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.............. 74,631,000
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ADMINISTRATION, PUBLIC SAFETY, ETC................................................
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.............. 177,966,000
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NET TOTAL ............................................................
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$1,356,640,000
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EXCESS OF REVENUES OVER EXPENDITURES.............................
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$ 60,173,000
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