PAGE 314

SECTION 88 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2012-13
				Board of	Ways & Means
			Appropriation	Economic Advisors	Committee
			Act	Estimate	Estimate
			Estimate	FY 2012-2013	FY 2012-2013
			FY 2011-12	February 15, 2012	February 23, 2012
			--------------------	--------------------	--------------------
REGULAR SOURCES:
	Retail Sales Tax		2,250,803,376	2,426,430,613	2,426,148,213
	Income Tax (Total)		2,509,189,878	2,832,838,012	2,832,829,486
		Individual	2,322,282,386	2,647,472,183	2,647,463,657
		Corporation	186,907,492	185,365,829	185,365,829
			--------------------	--------------------	--------------------
		Total Income and Sales Tax	4,759,993,254	5,259,268,625	5,258,977,699
			--------------------	--------------------	--------------------
All Other Revenue
	Admissions Tax		28,731,859	27,917,724	27,917,724
	Aircraft Tax		5,638,820	4,014,377	4,014,377
	Alcoholic Liquor Tax		58,618,229	62,138,620	62,138,620
	Bank Tax		15,984,667	29,639,978	29,639,978
	Beer and Wine Tax		104,253,221	105,547,794	105,547,794
	Business License Tax		29,763,207	23,811,376	23,811,376
	Coin-Operated Device Tax		1,636,968	1,746,052	1,746,052
	Corporation License Tax		91,736,574	94,479,543	94,479,543
	Departmental Revenue		36,650,056	36,650,056	36,590,056
	Documentary Tax		31,549,841	22,571,698	22,571,698
	Earned on Investments		36,000,000	29,000,000	29,000,000
	Estate & Gift Tax		50,000	5,000	5,000
	Insurance Tax		177,937,694	196,999,264	196,999,264
	Motor Transport Fees		3,500	5,000	5,000
	Motor Vehicle Licenses		12,861,693	15,980,088	15,980,088
	Private Car Lines Tax		4,271,691	4,092,317	4,092,317
	Public Service Authority		21,315,705	19,792,150	19,792,150
	Retailers' License Tax		827,656	966,428	966,428
	Savings & Loan Association Tax		3,630,361	1,811,348	1,811,348
	Workers' Compensation Insurance Tax		13,401,914	12,025,746	12,025,746
			--------------------	--------------------	--------------------
		Total All Other Revenue	674,863,656	689,194,559	689,134,559
			--------------------	--------------------	--------------------
Total Regular Sources			5,434,856,910	5,948,463,184	5,948,112,258

PAGE 315

SECTION 88 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2012-13
				Board of	Ways & Means
			Appropriation	Economic Advisors	Committee
			Act	Estimate	Estimate
			Estimate	FY 2012-2013	FY 2012-2013
			FY 2011-12	February 15, 2012	February 23, 2012
			--------------------	--------------------	--------------------
MISCELLANEOUS SOURCES:
	Circuit & Family Court Fines		9,919,954	9,951,395	9,951,395
	Debt Service Reimbursement		188,108	112,780	112,780
	Indirect Cost Recoveries		11,061,222	11,061,222	11,061,222
	Mental Health Fees		-	-	-
	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			39,562,092	39,518,205	39,518,205
			--------------------	--------------------	--------------------
	Total Regular and Miscellaneous Revenue		5,474,419,002	5,987,981,389	5,987,630,463
Other Sources:
	Nonrecurring Operating Transfers		1,243,469	-	604,312
			--------------------	--------------------	--------------------
General Fund Revenue			5,475,662,471	5,987,981,389	5,988,234,775
	Less:
		Transfer to General Reserve Fund	(17,141,169)	-	-
			--------------------	--------------------	--------------------
	General Fund Revenue (Net of Transfer
		to General Reserve Fund)	5,458,521,302	5,987,981,389	5,988,234,775
	Department of Transportation Revenue		1,137,353,752	1,150,057,148	1,362,949,427
	Education Improvement Act
		Recurring	598,116,929	606,797,653	606,727,053
		Nonrecurring			17,719,814
			--------------------	--------------------	--------------------
	Total Education Improvement Act		598,116,929	606,797,653	624,446,867
			--------------------	--------------------	--------------------
	Education Lottery Revenue		267,233,000	254,000,000	266,733,000
	Revenue Earmarked for Tax Relief
		Trust Funds	545,680,709	549,161,002	549,161,002
			--------------------	--------------------	--------------------
		Total All Sources of Revenues	8,605,022,621	9,154,794,845	9,415,971,938
			--------------------	--------------------	--------------------

This web page was last updated on Wednesday, February 29, 2012 at 9:27 A.M.