South Carolina General Assembly
116th Session, 2005-2006

H. 4810
General Appropriations Bill for fiscal year 2006-2007
As Ratified

                                   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 Appropriation 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 11:49 A.M.