**Statistical Calculations**

Watchdog Indiana Home Page Watchdog Lebanon Home Page Indiana State Finances Population Data Consumer Price Index State Long-Term Bonded Debt Data Selected State & Local Revenue Data State Cash Revenue Data State Cash Spending Data

**2002 Versus 1997 State
Statistics**

$17,532,315,000 FY 2002 Cash Revenues

__$14,292,016,000__ FY 1997 Cash Revenues

$ 3,240,299,000 Increase

($3,240,299,000 X 100) / ($14,292,016,000) = 22.67% Increase

$18,450,674,000 FY 2002 Cash Spending

__$14,288,042,000__ FY 1997 Cash Spending

$ 4,162,632,000 Increase

($4,162,632,000 X 100) / ($14,288,042,000) = 29.13% Increase

179.9 June 2002 Consumer Price Index

__160.3__ June 1997 Consumer Price Index

19.6 Increase

(19.6 X 100) / (160.3) = 12.22% Inflation Increase

Average Annual Inflation Increase = 12.22% / 5years = 2.44%

6,159,068 2002 Indiana Population

__5,955,267__ 1997 Indiana Population

203,801 Increase

(203,801 X 100) / (5,955,267) = 3.42% Population Increase

FY 2002 Per Capita Cash Revenues = $17,532,315,000 / 6,159,068 = $2,846

FY 1997 Per Capita Cash Revenues = $14,292,016,000 / 5,955,267 = $2,399

FY 2002 Per Capita Cash Spending = $18,450,674,000 / 6,159,068 = $2,995

FY 1997 Per Capita Cash Spending = $14,288,042,000 / 5,955,267 = $2,399

$2,846 FY 2002 Per Capita Cash Revenues

__$2,399__ FY 1997 Per Capita Cash Revenues

$ 447 Increase

($447 X 100) / ($2,399) = 18.63% Increase

18.63% / 12.22% = 1.52 Times More Than Inflation

$2,995 FY 2002 Per Capita Cash Spending

__$2,399__ FY 1997 Per Capita Cash Spending

$ 596 Increase

($596 X 100) / ($2,399) = 24.84% Increase

24.84% / 12.22% = 2.03 Times More Than Inflation

$4,906,220,000 06/30/02 Long-Term Bonded Debt Total

__$4,259,854,000__ 06/30/97 Long-Term Bonded Debt Total

$ 646,366,000 Increase

($646,366,000 X 100) / ($4,259,854,000) = 15.17% Increase

15.17% / 12.22% = 1.24 Times More Than Inflation

$2,399 FY 1997 Per Capita Cash Revenues

__X 1.1222__ Inflation Increase

$2,692 FY 2002 Inflation Adjusted Per Capita Cash Revenues

$2,399 FY 1997 Per Capita Cash Spending

__X 1.1222__ Inflation Increase

$2,692 FY 2002 Inflation Adjusted Per Capita Cash Spending

FY 2002 Inflation Adjusted Cash Revenues = $2,692 X 6,159,068 = $16,580,211,056

FY 2002 Inflation Adjusted Cash Spending = $2,692 X 6,159,068 = $16,580,211,056

$17,532,315,000 FY 2002 Actual Cash Rev.

__$16,580,211,056__ FY 2002 Inflation Adj. Rev.

$ 952,103,944 Excess State Cash Revenues

$18,450,674,000 FY 2002 Actual Cash Spend.

__$16,580,211,056__ FY 2002 Inflation Adj. Spend.

$ 1,870,462,944 Excess State Cash Spending

$6,542,217,695 FY 2002 Total Property Tax Levy (before credits)

FY 2000 Per Capita Property Tax = $6,542,217,695 / 6,159,068 = $1,062

$5,173,179,014 FY 1997 Total Property Tax Levy (before credits)

FY 1997 Per Capita Property Tax = $5,173,179,014 / 5,872,370 = $881

$1,062 FY 2002 Per Capita Property Tax

__$ 881__ FY 1997 Per Capita Property Tax

$ 181 Increase

($181 X 100) / ($881) = 20.54% Increase

20.54% / 12.22% = 1.68 Times More Than Inflation

Watchdog Indiana Home Page Watchdog Lebanon Home Page Indiana State Finances Population Data Consumer Price Index State Long-Term Bonded Debt Data Selected State & Local Revenue Data State Cash Revenue Data State Cash Spending Data

This page was last updated on 03/19/10.