SECTION 71
REVENUE

ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION,
EDUCATION IMPROVEMENT ACT AND
EDUCATION LOTTERY REVENUES
FISCAL YEAR 2006-2007

REGULAR SOURCES:
  Retail Sales Tax                                   2,495,764,823
  Income Tax (Total)                                 2,822,682,576
    Individual                                       2,599,913,486
    Corporation                                        222,769,090
                                                     -------------  
    Total Income and Sales Tax                       5,318,447,399
                                                     -------------
All Other Revenue
  Admissions Tax                                        26,414,809
  Aircraft Tax                                           5,367,808
  Alcoholic Liquor Tax                                  58,014,404
  Bank Tax                                              30,277,979
  Beer and Wine Tax                                     98,965,589
  Business License Tax                                  29,491,785
  Coin-Operated Device Tax                               1,900,000
  Corporation License Tax                               80,424,232
  Departmental Revenue                                  44,406,256
  Documentary Tax                                       58,212,826
  Earned on Investments                                 56,600,000
  Electric Power Tax                                    13,253,187
  Insurance Tax                                        159,207,805
  Motor Transport Fees                                      18,000
  Motor Vehicle Licenses                                18,239,812
  Petroleum Inspection Tax                               2,495,893
  Private Car Lines Tax                                  2,481,691
  Public Service Authority                              14,170,211
  Retailers' License Tax                                   946,564
  Savings & Loan Association Tax                         2,978,651
  Workers' Compensation Insurance Tax                   15,644,989
                                                     -------------
    Total All Other Revenue                            719,512,491
                                                     -------------
Total Regular Sources                                6,037,959,890
                                                     -------------
MISCELLANEOUS SOURCES:
  Circuit & Family Court Fines                           9,912,290
  Debt Service Reimbursement                             1,953,928
  Indirect Cost Recoveries                              18,052,819
  Mental Health Fees                                     3,600,000
  Parole & Probation Supervision Fees                    3,392,808
  Unclaimed Property Fund Transfer                      10,000,000

Total Miscellaneous Sources                             46,911,845
                                                     -------------
  Total Regular and Miscellaneous Revenue            6,084,871,735

Other Sources:
  Balances Available from the Prior Year:
    BEA Certified FY 2005-06 Year-End Surplus           29,868,957
    Excess Debt Service APPRO FY 2005-06                 3,507,254
    Excess Agency Cash Balances                          4,000,000
                                                     -------------
Total Other Sources                                     37,376,211

Less: Transfer to General Reserve Fund                 (14,243,425)

Total General Fund Revenue                           6,108,004,521

  Department of Transportation Revenue               1,285,539,533

  Education Improvement Act                            650,238,358

  Education Lottery Revenue                            287,300,000

  Revenue Earmarked for Tax Relief Trust Funds         504,644,634
                                                     -------------
  Total All Sources of Revenues                      8,835,727,046
                                                     -------------
END OF PART 1A

This web page was last updated on Tuesday, June 23, 2009 at 11:33 A.M.