South Carolina General Assembly

General Appropriations Bill H. 3400 for the fiscal year beginning July 1, 1997

.............................................................................................................................PAGE 419

SECTION 71
ESTIMATE OF GENERAL, SCHOOL, HIGHWAY,
AND EDUCATION IMPROVEMENT ACT REVENUES
FISCAL YEAR 1997-98

  Board of   Ways & Means
  Economic Advisors Governor's Committee
  Estimate Estimate Estimate
  FY 1997-98 FY 1997-98 FY 1997-98
  November 8, 1996 January 7, 1997 February 20, 1997
  ________________ _____________ ______________
REGULAR SOURCES:
Retail Sales Tax 1,701,415,454 1,701,415,454 1,705,613,454
Income Tax (Total) 2,254,288,937 2,251,588,937 2,247,128,937
Individual 2,021,008,967 2,018,308,967 2,022,008,967
Corporation 233,279,970 233,279,970 225,119,970
  ________________ _____________ ______________
 
Total Income and Sales Tax 3,955,704,391 3,953,004,391 3,952,742,391
  ________________ _____________ ______________
All Other Revenue
Admissions Tax 3,000,000 3,000,000 3,000,000
Aircraft Tax 3,757,103 3,757,103 3,757,103
Alcoholic Liquor Tax 46,696,646 46,696,646 46,696,646
Bank Tax 14,046,015 14,046,015 14,046,015
Beer and Wine Tax 79,607,336 79,607,336 79,607,336
Business License Tax 27,419,058 27,419,058 27,419,058
Coin-Operated Device Tax 25,000,000 25,000,000 28,962,000
Corporation License Tax 44,434,980 44,434,980 44,434,980
Department of Agriculture 7,453,609 7,453,609 7,403,009
Departmental Revenue 43,428,505 43,413,505 43,464,105
Documentary Tax 21,798,582 21,798,582 21,798,582
Earned on Investments 50,000,000 50,000,000 52,000,000
Electric Power Tax 20,900,821 20,900,821 20,900,821
Estate Tax 22,828,466 22,828,466 22,828,466
Fertilizer Inspection Tax 200,000 200,000 200,000
Gasoline Tax-Counties      
Insurance Tax 90,577,000 87,739,500 87,834,675
Motor Transport Fees 2,500,000 2,500,000 2,500,000
Motor Vehicle Licenses 107,841,210 107,841,210 107,841,210
Private Car Lines Tax 1,800,000 1,800,000 1,800,000
Public Service Authority 6,934,000 6,934,000 6,934,000
Retailers' License Tax 1,036,309 1,036,309 1,036,309
Savings & Loan Association Tax 4,025,394 4,025,394 4,025,394
Soft Drinks Tax 18,031,206 18,031,206 18,031,206
Workers' Compensation Insurance Tax 9,581,962 9,581,962 9,581,962
  ________________ _____________ ______________
 
Total All Other Revenue 652,898,202 650,045,702 656,102,877
  ________________ _____________ ______________
 
Total Regular Sources 4,608,602,593 4,603,050,093 4,608,845,268
  ________________ _____________ ______________
 

..................................................................................................................................PAGE 420

SECTION 71
ESTIMATE OF GENERAL, SCHOOL, HIGHWAY,
AND EDUCATION IMPROVEMENT ACT REVENUES
FISCAL YEAR 1997-98

  Board of   Ways & Means
  Economic Advisors Governor's Committee
  Estimate Estimate Estimate
  FY 1997-98 FY 1997-98 FY 1996-97
  November 8, 1996 January 7, 1997 February 20, 1997
  ________________ _____________ ______________
 
MISCELLANEOUS SOURCES:
 
Circuit & Family Court Fines 8,553,420 8,553,420 8,553,420
Debt Service Reimbursement 19,759,729 19,759,729 19,759,729
Indirect Cost Recoveries 24,533,571 24,533,571 24,533,571
Mental Health Fees 3,800,000 3,800,000 3,800,00
Parole & Probation Supervision Fees 3,564,243 3,564,243 3,564,243
Unclaimed Property Fund Transfer 5,497,639 5,497,639 5,497,639
Waste Treatment Loan Repayment 200,000 200,000 200,000
Non-recurring Revenue  
  ______________ _______________ ______________
Total Miscellaneous Sources 65,908,602 65,908,602 65,908,602
  ______________ _______________ ______________
Total Regular and Miscellaneous Revenue 4,674,511,195 4,668,958,695 4,674,753,870
Less: Act 162 of 1993-Spending Limitation (80,425,035)    
Operating transfer     (308,483,242)
Transfer to General Reserve Fund   (3,373,537)  
  ________________ _____________ ______________
Base Revenue Estimate 4,594,086,160 4,665,585,158 4,366,270,628
  ______________ _______________ ______________
Total General Fund Revenue 4,594,086,160 4,665,585,158 4,366,270,628
  ______________ _______________ ______________
 
Department of Transportation Revenue 734,617,995 734,617,995 734,617,995
 
Education Improvement Act 428,353,864 428,353,864 429,403,364
 
Total All Sources of Revenues 5,757,058,019 5,828,557,017 5,530,291,967
  ________________ _____________ ______________