| State | Population Rank | Insurance Trust | Insurance Dollars | ||
|---|---|---|---|---|---|
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Alabama | #23 | |||
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Alaska | #48 | |||
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Arizona | #20 | |||
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Arkansas | #33 | |||
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California | #1 | |||
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Colorado | #24 | |||
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Connecticut | #29 | |||
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Delaware | #45 | |||
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Florida | #4 | |||
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Georgia | #10 | |||
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Hawaii | #42 | |||
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Idaho | #39 | |||
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Illinois | #5 | |||
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Indiana | #14 | |||
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Iowa | #30 | |||
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Kansas | #32 | |||
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Kentucky | #25 | |||
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Louisiana | #22 | |||
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Maine | #40 | |||
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Maryland | #19 | |||
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Massachusetts | #13 | |||
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Michigan | #8 | |||
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Minnesota | #21 | |||
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Mississippi | #31 | |||
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Missouri | #17 | |||
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Montana | #44 | |||
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Nebraska | #38 | |||
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Nevada | #35 | |||
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New Hampshire | #41 | |||
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New Jersey | #9 | |||
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New Mexico | #36 | |||
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New York | #3 | |||
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North Carolina | #11 | |||
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North Dakota | #47 | |||
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Ohio | #7 | |||
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Oklahoma | #27 | |||
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Oregon | #28 | |||
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Pennsylvania | #6 | |||
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Rhode Island | #43 | |||
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South Carolina | #26 | |||
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South Dakota | #46 | |||
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Tennessee | #16 | |||
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Texas | #2 | |||
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Utah | #34 | |||
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Vermont | #49 | |||
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Virginia | #12 | |||
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Washington | #15 | |||
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West Virginia | #37 | |||
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Wisconsin | #18 | |||
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Wyoming | #50 | |||
(Charts constructed from United States Census Data)
In providing a wide range of services to the public, a government may perform in different ways. Take, for instance, public welfare services, which may be provided directly with the government's own employees, be funded through intergovernmental expenditures, or constitute direct cash payments to welfare recipients.
The Census Bureau's classification system for government finances attempts to measure not only the types and levels of government services but also how they are performed. This is achieved through statistics on government expenditure that are reported on the basis of purpose (or function) and on the nature of the expenditure involved (or character and object). 8.5 Insurance Trust Expenditure Insurance trust expenditure consists of social insurance payments to beneficiaries, public employee retirement annuities and other benefits, and withdrawals of insurance or employee retirement contributions. In effect, it only includes amounts paid to beneficiaries or members of the systems. The following are excluded from insurance trust expenditures: * Costs of administering insurance trust programs, including management of investments (classified as a general government expenditure). * Contributions to a government's own insurance trust funds (an intragovernmental transfer). * Contributions or other payments to insurance trust funds administered by another government (classified as current operation expenditure when such amounts represent employer contributions on behalf of the contributing government's employees and as agency transaction when such amounts represent sums withheld from employee salaries and wages). * "Pay-as-you-go" plans or "gratuities" to former employees--i.e., payments not involving a plan of employee assessments or accumulation of retirement reserves (classified as current operation expenditure). * Group insurance premiums covering the government's own employees and contributions to private insurers or to public employee association retirement systems (classified as current operation expenditure). Insurance trust expenditure is classified according to the major types of insurance trust systems recognized by the Census Bureau.
This chart lists all the finance codes that relate to insurance trust revenue, expenditure, and cash and securities. It covers not only those codes used for the regular finances (Col. C) but also the special exhibit codes (Col. D). For definitions of regular finance codes, see appropriate description sheets elsewhere in this manual. See this chapter for definitions of exhibit codes.
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