PAGE 317

SECTION 88 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2011-2012
				House of
			Appropriation	Representatives	Senate
			Act	Estimate	Estimate
			Estimate	FY 2011-2012	FY 2011-2012
			FY 2010-11	March 16, 2011	May 24, 2011
			--------------------	--------------------	--------------------
REGULAR SOURCES:
	Retail Sales Tax		2,137,179,935	2,245,595,976	2,250,803,376
	Income Tax (Total)		2,166,309,651	2,408,877,809	2,509,189,878
		Individual	2,046,313,876	2,255,962,715	2,322,282,386
		Corporation	119,995,775	152,915,094	186,907,492
			--------------------	--------------------	--------------------
		Total Income and Sales Tax	4,303,489,586	4,654,473,785	4,759,993,254
			--------------------	--------------------	--------------------
All Other Revenue
	Admissions Tax		27,466,616	28,589,479	28,731,859
	Aircraft Tax		5,115,477	5,638,820	5,638,820
	Alcoholic Liquor Tax		57,361,772	58,618,229	58,618,229
	Bank Tax		7,425,001	16,626,567	15,984,667
	Beer and Wine Tax		107,385,376	104,253,221	104,253,221
	Business License Tax		28,000,000	31,763,207	29,763,207
	Coin-Operated Device Tax		1,517,694	1,636,968	1,636,968
	Corporation License Tax		90,339,862	83,736,574	91,736,574
	Departmental Revenue		40,065,056	36,725,056	39,740,056
	Documentary Tax		37,966,113	31,549,841	31,549,841
	Earned on Investments		46,000,000	36,000,000	36,000,000
	Estate & Gift Tax		-	50,000	50,000
	Insurance Tax		173,600,092	177,937,694	177,937,694
	Motor Transport Fees		10,000	3,500	3,500
	Motor Vehicle Licenses		15,627,286	12,861,693	12,861,693
	Private Car Lines Tax		4,034,169	4,271,691	4,271,691
	Public Service Authority		16,340,234	21,315,705	21,315,705
	Retailers' License Tax		883,722	827,656	827,656
	Savings & Loan Association Tax		2,002,478	3,630,361	3,630,361
	Workers' Compensation Insurance Tax		14,655,680	13,401,914	13,401,914
			--------------------	--------------------	--------------------
		Total All Other Revenue	675,796,628	669,438,176	677,953,656
			--------------------	--------------------	--------------------
Total Regular Sources			4,979,286,214	5,323,911,961	5,437,946,910

PAGE 318

SECTION 88 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2011-2012
				House of
			Appropriation	Representatives	Senate
			Act	Estimate	Estimate
			Estimate	FY 2011-2012	FY 2011-2012
			FY 2010-11	March 16, 2011	May 24, 2011
			--------------------	--------------------	--------------------
MISCELLANEOUS SOURCES:
	Circuit & Family Court Fines		10,664,363	9,919,954	9,919,954
	Debt Service Reimbursement		188,108	188,108	188,108
	Indirect Cost Recoveries		16,731,391	16,731,391	11,061,222
	Mental Health Fees		3,200,000	3,400,000	-
	Parole & Probation Supervision Fees		3,392,808	3,392,808	3,392,808
	Unclaimed Property Fund Transfer		15,000,000	15,000,000	15,000,000
			--------------------	--------------------	--------------------
Total Miscellaneous Sources			49,176,670	48,632,261	39,562,092
			--------------------	--------------------	--------------------
	Total Regular and Miscellaneous Revenue		5,028,462,884	5,372,544,222	5,477,509,002
Other Sources:
	Nonrecurring Operating Transfers		142,051,007	-	1,243,469
			--------------------	--------------------	--------------------
Total Other Sources			142,051,007	-	1,243,469
	General Fund Revenue		5,170,513,891	5,372,544,222	5,478,752,471
		Less:
		Transfer to General Reserve Fund	(55,441,728)	(17,141,169)	(17,141,169)
	General Fund Revenue (Net of Transfer
		to General Reserve Fund)	5,115,072,163	5,355,403,053	5,461,611,302
	Department of Transportation Revenue		1,289,487,000	1,137,353,752	1,137,353,752
	Education Improvement Act
		FY 2011-2012 (BEA Feb. 12, 2011)	522,234,107	563,498,994	563,050,844
		FY 2010-2011 Estimated Surplus (BEA Feb. 12, 2011)	-	33,816,085	35,066,085
			--------------------	--------------------	--------------------
	Total Education Improvement Act		522,234,107	597,315,079	598,116,929
	Education Lottery Revenue		255,716,300	266,500,000	267,233,000
	Revenue Earmarked for Tax Relief Trust Funds		545,880,212	545,680,709	545,680,709
			--------------------	--------------------	--------------------
		Total All Sources of Revenues	7,728,389,782	7,902,252,593	8,009,995,692
			--------------------	--------------------	--------------------

This web page was last updated on Thursday, May 26, 2011 at 11:23 A.M.