General Appropriations Bill H. 4600 for the fiscal year beginning July 1, 1996
PAGE 391 SECTION 71 ESTIMATE OF GENERAL, SCHOOL, HIGHWAY, AND EDUCATION IMPROVEMENT ACT REVENUES FISCAL YEAR 1996-97 Board of House of Economic Advisors Governor's Representatives Estimate Estimate Estimate FY 1996-97 FY 1996-97 FY 1996-97 November 8, 1995 December 20, 1995 March 5, 1996 REGULAR SOURCES: Retail Sales Tax 1,605,327,166 1,605,327,166 1,605,307,166 Income Tax (Total) 2,091,886,264 2,087,786,264 2,092,086,264 Individual 1,835,805,929 1,831,705,929 1,836,005,929 Corporation 256,080,335 256,080,335 256,080,335 Total Income and Sales Tax 3,697,213,430 3,693,113,430 3,697,393,430 All Other Revenue Admissions Tax 3,000,000 3,000,000 3,000,000 Aircraft Tax 3,888,415 3,888,415 3,888,415 Alcoholic Liquor Tax 49,587,107 49,587,107 49,587,107 Bank Tax 10,000,000 10,000,000 10,000,000 Beer and Wine Tax 78,090,076 78,090,076 78,090,076 Business License Tax 31,363,645 31,363,645 31,363,645 Coin-Operated Device Tax 25,000,000 25,000,000 25,000,000 Corporation License Tax 50,212,015 50,212,015 50,212,015 Department of Agriculture 7,138,680 7,138,680 7,138,680 Departmental Revenue 40,882,180 40,882,180 40,116,983 Documentary Tax 18,148,647 18,148,647 18,148,647 Earned on Investments 50,000,000 50,000,000 50,000,000 Electric Power Tax 19,198,752 19,198,752 19,198,752 Estate Tax 26,250,000 26,250,000 26,250,000 Fertilizer Inspection Tax 200,000 200,000 200,000 Gasoline Tax-Counties 20,369,463 10,184,963 19,520,755 Insurance Tax 85,647,626 85,647,626 85,647,626 Motor Transport Fees 2,500,000 2,500,000 2,500,000 Motor Vehicle Licenses 104,483,073 101,733,073 0 Private Car Lines Tax 1,200,000 1,200,000 1,200,000 Public Service Authority 7,060,000 7,060,000 7,060,000 Radioactive Waste Surcharge Retailers' License Tax 939,795 939,795 939,795 Savings & Loan Association Tax 3,643,662 3,643,662 3,643,662 Soft Drinks Tax 21,219,313 21,219,313 21,219,313 Workers' Compensation Insurance Tax 7,953,631 7,953,631 7,953,631 Total All Other Revenue 667,976,080 655,041,580 561,879,102 Total Regular Sources 4,365,189,510 4,348,155,010 4,259,272,532
PAGE 392 SECTION 71 ESTIMATE OF GENERAL, SCHOOL, HIGHWAY, AND EDUCATION IMPROVEMENT ACT REVENUES FISCAL YEAR 1996-97 Board of House Of Economic Advisors Governor's Representatives Estimate Estimate Estimate FY 1996-97 FY 1996-97 FY 1996-97 November 8, 1995 December 20, 1995 March 5, 1996 MISCELLANEOUS SOURCES: Circuit & Family Court Fines 4,344,800 8,344,800 8,344,800 Debt Service Reimbursement 11,220,554 11,220,554 23,812,904 Indirect Cost Recoveries 25,655,059 25,655,059 25,648,301 Mental Health Fees 3,800,000 3,800,000 3,800,000 Parole & Probation Supervision Fees 3,392,298 3,392,298 3,392,298 Unclaimed Property Fund Transfer 6,000,000 6,000,000 6,000,000 Waste Treatment Loan Repayment 200,000 200,000 200,000 Non-recurring Revenue ______________ _______________ ______________ Total Miscellaneous Sources 54,612,711 58,612,711 71,198,303 ______________ _______________ ______________ Total Regular and Miscellaneous Revenue 4,419,802,221 4,406,767,721 4,330,470,835 Less: Act 162 of 1993- Spending Limitation (52,422,258) (52,422,258) (52,422,258) ______________ _______________ ______________ Base Revenue Estimate 4,367,379,963 4,354,345,463 4,278,048,577 ______________ _______________ ______________ Total General Fund Revenue 4,367,379,963 4,354,345,463 4,278,048,577 ______________ _______________ ______________ Department of Transportation Revenue 711,138,021 721,322,521 711,986,729 Education Improvement Act 403,331,792 403,331,792 403,331,792 Total All Sources of Revenues 5,481,849,776 5,478,999,776 5,393,367,098