PAGE 344

SECTION 88 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2008-2009
				Ways & Means	House of
			Appropriation	Committee	Representatives
			Act	Estimate	Estimate
			Estimate	FY 2008-2009	FY 2008-2009
			FY 2007-08	February 21, 2008	May 8, 2008
			--------------------	--------------------	--------------------
REGULAR SOURCES:
	Retail Sales Tax		2,600,152,000	2,749,853,250	2,697,542,457
	Income Tax (Total)		3,212,387,947	3,247,558,076	3,217,053,750
		Individual	2,927,383,170	2,988,672,332	2,968,168,006
		Corporation	285,004,777	258,885,744	248,885,744
			--------------------	--------------------	--------------------
		Total Income and Sales Tax	5,812,539,947	5,997,411,326	5,914,596,207
			--------------------	--------------------	--------------------
All Other Revenue
	Admissions Tax		26,188,809	27,466,616	27,466,616
	Aircraft Tax		4,821,373	5,115,477	5,115,477
	Alcoholic Liquor Tax		55,079,396	56,237,031	56,237,031
	Bank Tax		32,848,283	34,425,001	24,425,001
	Beer and Wine Tax		102,568,811	104,825,325	104,825,325
	Business License Tax		33,337,578	33,670,954	33,670,954
	Coin-Operated Device Tax		1,120,680	1,284,316	1,284,316
	Corporation License Tax		79,191,884	73,918,514	73,918,514
	Departmental Revenue		45,674,911	45,392,056	45,392,056
	Documentary Tax		72,124,198	57,870,466	57,870,466
	Earned on Investments		100,500,000	93,000,000	93,000,000
	Electric Power Tax		6,485,879
	Insurance Tax		156,194,482	176,494,186	176,494,186
	Motor Transport Fees		11,000	20,000	20,000
	Motor Vehicle Licenses		6,939,215	15,350,886	15,240,336
	Private Car Lines Tax		3,834,761	4,034,169	4,034,169
	Public Service Authority		15,864,305	16,340,234	16,340,234
	Retailers' License Tax		866,394	883,722	883,722
	Savings & Loan Association Tax		3,885,901	4,002,478	4,002,478
	Workers' Compensation Insurance Tax		14,078,463	14,655,680	14,655,680
			--------------------	--------------------	--------------------
		Total All Other Revenue	761,616,323	764,987,111	754,876,561
			--------------------	--------------------	--------------------
Total Regular Sources			6,574,156,270	6,762,398,437	6,669,472,768

PAGE 345

SECTION 88 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2008-2009
				Ways & Means	House of
			Appropriation	Committee	Representatives
			Act	Estimate	Estimate
			Estimate	FY 2008-2009	FY 2008-2009
			FY 2007-08	February 21, 2008	May 8, 2008
			--------------------	--------------------	--------------------
MISCELLANEOUS SOURCES:
	Circuit & Family Court Fines		9,966,694	10,664,363	10,664,363
	Debt Service Reimbursement		1,722,838	1,722,838	1,722,838
	Indirect Cost Recoveries		18,052,819	16,679,391	16,679,391
	Mental Health Fees		3,400,000	3,200,000	3,200,000
	Parole & Probation Supervision Fees		3,392,808	3,392,808	3,392,808
	Unclaimed Property Fund Transfer		12,000,000	12,000,000	12,000,000
			--------------------	--------------------	--------------------
Total Miscellaneous Sources			48,535,159	47,659,400	47,659,400
			--------------------	--------------------	--------------------
	Total Regular and Miscellaneous Revenue		6,622,691,429	6,810,057,837	6,717,132,168
Other Sources:
	Balances Available from the Prior Year:
		BEA Certified FY 2006-07 Year-End Surplus	113,491,661
		Excess Debt Service Appropriation FY 2006-07	5,895,419
		Operating Transfer	244,854		33,712,890
			--------------------	--------------------	--------------------
		Total Other Sources	119,631,934		33,712,890
Less:
	Transfer to General Reserve Fund		(19,048,978)	(12,974,290)	(12,974,290)
Total General Fund Revenue			6,723,274,385	6,797,083,547	6,737,870,768
	Department of Transportation Revenue		998,899,010	1,051,099,010	1,051,099,010
	Education Improvement Act		704,940,840	674,714,375	644,714,375
	Education Lottery Revenue		266,400,000	255,800,000	260,722,729
	Revenue Earmarked for Tax Relief Trust Funds		507,846,331	527,704,278	527,704,278
			--------------------	--------------------	--------------------
		Total All Sources of Revenues	9,201,360,566	9,306,401,210	9,222,111,160
			--------------------	--------------------	--------------------

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