General Appropriations Bill H. 4600 for the fiscal year beginning July 1, 1996
PAGE 465 SECTION 71 ESTIMATE OF GENERAL, SCHOOL, HIGHWAY, AND EDUCATION IMPROVEMENT ACT REVENUES FISCAL YEAR 1996-97 House of Governor's Representatives Senate Estimate Estimate Estimated FY 1996-97 FY 1996-97 FY 1996-97 December 20, 1995 March 5, 1996 May 3, 1996 ----------------- ------------- ----------- REGULAR SOURCES: Retail Sales Tax 1,605,327,166 1,605,307,166 1,605,290,366 Income Tax (Total) 2,087,786,264 2,092,086,264 2,091,998,264 Individual 1,831,705,929 1,836,005,929 1,835,917,929 Corporation 256,080,335 256,080,335 256,080,335 ------------- ------------- ------------- Total Income and Sales Tax 3,693,113,430 3,697,393,430 3,697,288,630 ------------- ------------- ------------- 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 49,597,107 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 40,116,983 42,370,273 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 10,184,963 19,520,755 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 101,733,073 0 104,405,073 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 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 655,041,580 561,879,102 668,547,465 ----------- ----------- ----------- Total Regular Sources 4,348,155,010 4,259,272,532 4,365,836,095 ------------- ------------- -------------
PAGE 466 SECTION 71 ESTIMATE OF GENERAL, SCHOOL, HIGHWAY, AND EDUCATION IMPROVEMENT ACT REVENUES FISCAL YEAR 1996-97 House of Governor's Representatives Senate Estimate Estimate Estimated FY 1996-97 FY 1996-97 FY 1996-97 December 20, 1995 March 5, 1996 May 3, 1996 ----------------- ------------- ----------- MISCELLANEOUS SOURCES: Circuit & Family Court Fines 8,344,800 8,344,800 8,374,800 Debt Service Reimbursement 11,220,554 23,812,904 16,538,174 Indirect Cost Recoveries 25,655,059 25,648,301 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 ______________ _______________ ______________ Total Miscellaneous Sources 58,612,711 71,198,303 63,953,573 ______________ _______________ ______________ Total Regular and Miscellaneous Rev 4,406,767,721 4,330,470,835 4,429,789,668 Less: Act 162 of 1993-Spending Limitation (52,422,258) (52,422,258) (52,422,258) ______________ _______________ ______________ Base Revenue Estimate 4,354,345,463 4,278,048,577 4,377,367,410 ______________ _______________ ______________ Total General Fund Revenue 4,354,345,463 4,278,048,577 4,377,367,410 ______________ _______________ ______________ Department of Transportation Revenue 721,322,521 711,986,729 711,986,729 Education Improvement Act 403,331,792 403,331,792 403,322,592 ______________ _______________ ______________ Total All Sources of Revenues 5,478,999,776 5,393,367,098 5,492,676,731