South Carolina General Assembly
116th Session, 2005-2006

H. 3716
General Appropriations Bill for fiscal year 2005-2006
As Reported by the Senate Finance Committee

PAGE 319
SECTION 71
ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION,
EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES
FISCAL YEAR 2005-2006
 
        House of  
Appropriation Representatives Senate Finance
Act Estimate Committee
Estimate FY 2005-2006 FY 2005-2006
FY 2004-05 March 16, 2005 April 7, 2005
-------------------- -------------------- --------------------
REGULAR SOURCES:
  Retail Sales Tax 2,249,617,591 2,396,065,472 2,396,065,472
Income Tax (Total) 2,099,579,574 2,306,735,197 2,304,485,197
Individual 1,979,363,905 2,163,456,916 2,161,206,916
Corporation 120,215,669 143,278,281 143,278,281
  -------------------- -------------------- --------------------
 
Total Income and Sales Tax 4,349,197,165 4,702,800,669 4,700,550,669
  -------------------- -------------------- --------------------
All Other Revenue
Admissions Tax 32,320,000 28,469,144 28,469,144
Aircraft Tax 3,246,796 4,819,500 4,819,500
Alcoholic Liquor Tax 52,852,981 54,578,921 54,578,921
Bank Tax 19,000,000 19,046,068 19,046,068
Beer and Wine Tax 93,838,723 98,493,195 98,493,195
Business License Tax 28,611,433 29,920,720 29,920,720
Coin-Operated Device Tax 2,400,000 2,066,569 2,066,569
Corporation License Tax 62,600,000 78,048,198 78,048,198
Departmental Revenue 55,970,800 55,467,697 55,467,697
Documentary Tax 30,191,221 45,442,126 45,442,126
Earned on Investments 16,000,000 25,000,000 25,000,000
Electric Power Tax 25,365,666 26,891,673 26,891,673
Estate Tax 19,290,000 2,857,393 2,857,393
Insurance Tax 147,000,000 141,865,927 141,865,927
Motor Transport Fees 7,500 7,500 7,500
Motor Vehicle Licenses 60,612,419 56,758,315 56,758,315
Petroleum Inspection Tax 8,300,533 8,497,934 8,497,934
Private Car Lines Tax 3,302,400 2,789,884 2,789,884
Public Service Authority 10,864,701 12,577,752 12,577,752
Retailers' License Tax 936,012 960,855 960,855
Savings & Loan Association Tax 3,400,000 3,879,114 3,879,114
Workers' Compensation Insurance Tax 12,729,362 14,156,410 14,156,410
  -------------------- -------------------- --------------------
 
Total All Other Revenue 688,840,547 712,594,895 712,594,895
  -------------------- -------------------- --------------------
 
Total Regular Sources 5,038,037,712 5,415,395,564 5,413,145,564


PAGE 320
SECTION 71
ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION,
EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES
FISCAL YEAR 2005-2006
 
        Board of  
Appropriation Representatives Senate Finance
Act Estimate Committee
Estimate FY 2005-2006 FY 2005-2006
FY 2004-05 March 16, 2005 April 7, 2005
-------------------- -------------------- --------------------
MISCELLANEOUS SOURCES:
Circuit & Family Court Fines 10,195,651 9,910,522 9,910,522
Debt Service Reimbursement 3,300,000 2,670,774 2,670,774
Indirect Cost Recoveries 22,893,411 22,893,411 22,893,411
Mental Health Fees 3,800,000 3,800,000 3,800,000
Parole & Probation Supervision Fees 3,392,423 3,392,423 3,392,423
Unclaimed Property Fund Transfer 8,000,000 10,000,000 10,000,000
Non-Recurring Revenue 132,846,177 109,692,384 139,267,107
  -------------------- -------------------- --------------------
 
Total Miscellaneous Sources 184,427,662 162,359,514 191,934,237
  -------------------- -------------------- --------------------
 
Total General Fund Revenue 5,222,465,374 5,577,755,078 5,605,079,801
 
Department of Transportation Revenue 1,139,902,672 1,202,336,532 1,202,303,484
 
Education Improvement Act 563,045,198 625,948,389 625,948,389
 
Education Lottery Revenue 341,000,000 289,000,000 289,000,000
 
Revenue Earmarked for Tax Relief Trust Funds 505,158,783 506,280,919 506,280,919
  -------------------- -------------------- --------------------
 
Total All Sources of Revenues 7,771,572,027 8,201,320,918 8,228,612,593
  -------------------- -------------------- --------------------

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