PAGE 328
SECTION 116 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2014-15
						Board of		House of
				Appropriation		Economic Advisors		Representatives
				Act		Estimate		Estimate
				Estimate		FY 2014-2015		FY 2014-2015
				FY 2013-14		February 13, 2014		March 12, 2014
				--------------------		--------------------		--------------------
REGULAR SOURCES:
	Sales Tax			2,472,635,319		2,580,800,239		2,580,800,239
	Income Tax (Total)			3,094,194,669		3,307,153,771		3,307,153,771
		Individual		2,845,960,772		3,011,579,966		3,011,579,966
		Corporation		248,233,897		295,573,805		295,573,805
				--------------------		--------------------		--------------------
		Total Income and Sales Tax		5,566,829,988		5,887,954,010		5,887,954,010
				--------------------		--------------------		--------------------
All Other Revenue
	Admissions Tax			30,249,806		29,586,391		29,266,939
	Aircraft Tax			4,283,730		4,700,472		4,700,472
	Alcoholic Liquor Tax			64,272,201		67,305,644		67,305,644
	Bank Tax			29,448,498		40,000,000		40,000,000
	Beer and Wine Tax			104,716,438		102,563,724		102,563,724
	Business License Tax			25,725,172		27,126,360		27,126,360
	Coin-Operated Device Tax			1,477,874		1,570,367		1,570,367
	Corporation License Tax			112,978,118		83,832,779		83,832,779
	Departmental Revenue			36,590,056		36,450,056		36,450,056
	Documentary Tax			27,777,647		32,871,609		32,871,609
	Earned on Investments			22,000,000		18,000,000		18,000,000
	Insurance Tax			188,366,540		221,491,879		221,491,879
	Motor Vehicle Licenses			10,202,066		10,031,759		10,031,759
	Private Car Lines Tax			3,959,619		3,718,973		3,718,973
	Public Service Authority			21,000,000		22,000,000		22,000,000
	Retailers' License Tax			909,350		826,509		826,509
	Savings & Loan Association Tax			1,384,043		3,261,277		3,261,277
	Workers' Compensation Insurance Tax			10,651,975		10,206,684		10,206,684
				--------------------		--------------------		--------------------
		Total All Other Revenue		695,993,133		715,544,483		715,225,031
				--------------------		--------------------		--------------------
Total Regular Sources				6,262,823,121		6,603,498,493		6,603,179,041

PAGE 329
SECTION 116 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2014-15
						Board of		House of
				Appropriation		Economic Advisors		Representatives
				Act		Estimate		Estimate
				Estimate		FY 2014-2015		FY 2014-2015
				FY 2013-14		February 13, 2014		March 12, 2014
				--------------------		--------------------		--------------------
MISCELLANEOUS SOURCES:
	Circuit & Family Court Fines			9,527,928		8,199,717		8,199,717
	Debt Service Reimbursement			89,557		65,234		65,234
	Indirect Cost Recoveries			11,061,222		11,061,222		11,061,222
	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				39,071,515		37,718,981		37,718,981
				--------------------		--------------------		--------------------
	Total Regular and Miscellaneous Revenue			6,301,894,636		6,641,217,474		6,640,898,022
Other Sources:
	Nonrecurring Revenues & Transfers			37,372,707		-		-
	FY 2012-13 BEA Estimated Surplus			50,739,599		-		-
				--------------------		--------------------		--------------------
General Fund Revenue				6,390,006,942		6,641,217,474		6,640,898,022
Less: Transfer to General Reserve Fund				(11,248,376)		-		-
				--------------------		--------------------		--------------------
Total General Fund Revenue (Net of
	Transfer to General Reserve Fund)			6,378,758,566		6,641,217,474		6,640,898,022
Department of Transportation Revenue				1,531,979,884		1,577,717,541		1,577,717,541
Education Improvement Act:
	FY 2014-15 Recurring Revenue			628,623,830		645,325,060		645,325,060
	FY 2012-13 Estimated Surplus			8,000,000		-		-
				--------------------		--------------------		--------------------
Total Education Improvement Act				636,623,830		645,325,060		645,325,060
Education Lottery Revenues
	Lottery Income			287,500,000		291,600,000		291,600,000
	FY 2013-14 Projected Surplus			-		45,470,643		45,470,643
				--------------------		--------------------		--------------------
Total Education Lottery Revenues				287,500,000		337,070,643		337,070,643
Revenue Earmarked for Tax Relief
	Trust Funds			544,213,970		552,691,659		552,691,659
				--------------------		--------------------		--------------------
Total All Sources of Revenues				9,379,076,250		9,754,022,377		9,753,702,925
				--------------------		--------------------		--------------------

This web page was last updated on Wednesday, April 16, 2014 at 11:29 A.M.