PAGE 313

SECTION 88 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2011-2012
				Board of	Ways & Means
			Appropriation	Economic Advisors	Committee
			Act	Estimate	Estimate
			Estimate	FY 2011-2012	FY 2011-2012
			FY 2010-11	November 10, 2010	February 24, 2011
			--------------------	--------------------	--------------------
REGULAR SOURCES:
	Retail Sales Tax		2,137,179,935	2,245,595,976	2,245,595,976
	Income Tax (Total)		2,166,309,651	2,358,877,809	2,408,877,809
		Individual	2,046,313,876	2,230,922,901	2,255,962,715
		Corporation	119,995,775	127,954,908	152,915,094
			--------------------	--------------------	--------------------
		Total Income and Sales Tax	4,303,489,586	4,604,473,785	4,654,473,785
			--------------------	--------------------	--------------------
All Other Revenue
	Admissions Tax		27,466,616	28,845,859	28,845,859
	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	16,626,567
	Beer and Wine Tax		107,385,376	104,253,221	104,253,221
	Business License Tax		28,000,000	31,763,207	31,763,207
	Coin-Operated Device Tax		1,517,694	1,636,968	1,636,968
	Corporation License Tax		90,339,862	83,736,574	83,736,574
	Departmental Revenue		40,065,056	40,065,056	36,650,056
	Documentary Tax		37,966,113	23,662,381	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	665,147,096	669,619,556
			--------------------	--------------------	--------------------
Total Regular Sources			4,979,286,214	5,269,620,881	5,324,093,341

PAGE 314

SECTION 88 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2011-2012
				Board of	Ways & Means
			Appropriation	Economic Advisors	Committee
			Act	Estimate	Estimate
			Estimate	FY 2011-2012	FY 2011-2012
			FY 2010-11	November 10, 2010	February 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	16,731,391
	Mental Health Fees		3,200,000	3,400,000	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	48,632,261
			--------------------	--------------------	--------------------
	Total Regular and Miscellaneous Revenue		5,028,462,884	5,318,253,142	5,372,725,602
Other Sources:
	Nonrecurring Operating Transfers		142,051,007
			--------------------	--------------------	--------------------
General Fund Revenue			5,170,513,891	5,318,253,142	5,372,725,602
	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	5,301,111,973	5,355,584,433
	Department of Transportation Revenue		1,289,487,000	1,137,353,752	1,137,353,752
	Education Improvement Act		522,234,107	563,498,994	563,498,994
	Education Lottery Revenue		255,716,300	252,400,000	266,500,000
	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	7,800,045,428	7,868,617,888
			--------------------	--------------------	--------------------

This web page was last updated on Tuesday, March 1, 2011 at 12:24 P.M.