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This article aims to describe the financial expenditure associated with the operations and processes of world governments of all levels. Data is drawn from annual financial statements and operational reports.

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Contents 1 External review 2 Government-owned corporations 2.1 Services 2.2 Goods 3 Local government 4 Commonwealth of Nations 5 United States 5.1 By business 5.1.1 Department of Agriculture 5.1.2 Department of Defense 5.1.3 Department of Education 5.1.4 Department of Health & Human Services 5.1.5 Department of Justice 5.1.6 Office of Personnel Management 5.1.7 Social Security Administration 5.1.8 U.S. Postal Service 5.2 By level 6 Privatization 7 See also 8 External links 8.1 United States 8.1.1 All levels 8.1.2 Federal level

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External review

Some governments let external analysts review the operations and financials just like Wall Street analysts review public companies. An import element of that review is to hold regular, perhaps quarterly, public conference calls between management and analysts, which are recorded for anyone to hear. This is however so far (2004) a rare occurrence.

Government-owned corporations

Services

Government subsidiaries may produce services like:

• Education (ex community college)
• Emergency services
• Entertainment (ex Canadian Broadcasting Corporation)
• Entitlements
• Financial services
• Financing
• Fire fighting
• Healthcare
• Insurance
• Law
• Law enforcement
• Police
• Postal service
• Transport (ex government transportation)

Goods

Government subsidiaries may produce goods like:

• Coal
• Electrical infrastructure
• Oil (ex Pemex)
• Roads, bridges, tunnels
• Sewers
• Steel
• Water infrastructure

Local government

At the level of local government, territorial or other authorities may set up government corporations such as "Local Authority Trading Enterprises" (LATEs).

Commonwealth of Nations

See also: crown corporation, state-owned enterprises of New Zealand

In monarchical commonwealth countries country-wide government corporations often use the style "crown corporation". Notable exceptions include both the state-owned enterprises and the crown entities in New Zealand. Examples of crown corporations include the Canadian Broadcasting Corporation (CBC) in Canada and Air Canada before it underwent privatisation. Cabinet ministers (ministers of the crown) often control the shares in such public corporations.

United States

Main article: United States government operations

In the United States, businesses that are government owned include Amtrak and the United States Postal Service. Many states have government owned businesses for operations as well. Generally speaking, a statute passed by a legislature specifically sets up a government owned company in order to undertake a specific public purpose with public funds or public property.

By business

From the US Treasury Financial Statements for the year ended September 30, 2004

Department of Agriculture

The Department of Agriculture w/.

• Expenditures: 84.1 billion

Department of Defense

The Department of Defense w/.

• Expenditures: $672.1 billion

Department of Education

The Department of Education operates w/.

• Expenditures: $63.9 billion

Department of Health & Human Services

See also: social security (United States)

The Department of Health & Human Services w/.

• Expenditures: $583.9 billion

Department of Justice

The Department of Justice w/.

• Expenditures: $35.4 billion

Office of Personnel Management

The Office of Personnel Management w/.

• Expenditures: $22.3 billion

Social Security Administration

The Social Security Administration (SSA) manages the United States' social insurance program, consisting of retirement, disability, and survivors benefits.

• Expenditures: $534.9 billion

U.S. Postal Service

The U.S. Postal Service (USPS) w/.

• Expenditures: $54.0 billion

By level

During 2003. From 1

• All
  • Expenditures: $3,399.7 billion
• Federal
  • Expenditures: $2,241.6 billion
• State and local
  • Expenditures: $1,498.1 billion

Privatization

Main article: privatization

In Japan, Japan Post is partially owned by the government, but is about to get sold to the public during the following years (following 2004). Japan Railway (JR), NTT and Japan Tobacco was formally owned by the government.

See also

• Government
• Government debt
• Government ownership
• State-owned enterprise

External links

United States

All levels

• Current Report: Financial Report of the United States: Publications & Guidance: Financial Management Service

Federal level

• Current Report: Combined Statement of Receipts, Outlays, and Balances of the United States Government (Combined Statement): Publications & Guidance: Financial Management Service

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