PAGE 344

SECTION 88 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2008-2009
			House of		Conference
			Representatives	Senate	Committee
			Estimate	Estimate	Estimate
			FY 2008-2009	FY 2008-2009	FY 2008-2009
			May 8, 2008	April 16, 2008	May 22, 2008
			--------------------	--------------------	--------------------
REGULAR SOURCES:
	Retail Sales Tax		2,697,542,457	2,698,853,250	2,698,853,250
	Income Tax (Total)		3,217,053,750	3,218,558,076	3,218,558,076
		Individual	2,968,168,006	2,969,672,332	2,969,672,332
		Corporation	248,885,744	248,885,744	248,885,744
			--------------------	--------------------	--------------------
		Total Income and Sales Tax	5,914,596,207	5,917,411,326	5,917,411,326
			--------------------	--------------------	--------------------
All Other Revenue
	Admissions Tax		27,466,616	27,466,616	27,466,616
	Aircraft Tax		5,115,477	5,115,477	5,115,477
	Alcoholic Liquor Tax		56,237,031	56,237,031	56,237,031
	Bank Tax		24,425,001	24,425,001	24,425,001
	Beer and Wine Tax		104,825,325	104,825,325	104,825,325
	Business License Tax		33,670,954	33,670,954	33,670,954
	Coin-Operated Device Tax		1,284,316	1,284,316	1,284,316
	Corporation License Tax		73,918,514	73,918,514	73,918,514
	Departmental Revenue		45,392,056	43,992,056	43,992,056
	Documentary Tax		57,870,466	57,870,466	57,870,466
	Earned on Investments		93,000,000	93,000,000	93,000,000
	Insurance Tax		176,494,186	176,494,186	176,494,186
	Motor Transport Fees		20,000	20,000	20,000
	Motor Vehicle Licenses		15,240,336	15,350,886	15,350,886
	Private Car Lines Tax		4,034,169	4,034,169	4,034,169
	Public Service Authority		16,340,234	16,340,234	16,340,234
	Retailers' License Tax		883,722	883,722	883,722
	Savings & Loan Association Tax		4,002,478	4,002,478	4,002,478
	Workers' Compensation Insurance Tax		14,655,680	14,655,680	14,655,680
			--------------------	--------------------	--------------------
		Total All Other Revenue	754,876,561	753,587,111	753,587,111
			--------------------	--------------------	--------------------
Total Regular Sources			6,669,472,768	6,670,998,437	6,670,998,437

PAGE 345

SECTION 88 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2008-2009
			House of		Conference
			Representatives	Senate	Committee
			Estimate	Estimate	Estimate
			FY 2008-2009	FY 2008-2009	FY 2008-2009
			May 8, 2008	April 16, 2008	May 22, 2008
			--------------------	--------------------	--------------------
MISCELLANEOUS SOURCES:
	Circuit & Family Court Fines		10,664,363	10,664,363	10,664,363
	Debt Service Reimbursement		1,722,838	1,722,838	1,722,838
	Indirect Cost Recoveries		16,679,391	16,679,391	16,679,391
	Mental Health Fees		3,200,000	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			47,659,400	47,659,400	47,659,400
			--------------------	--------------------	--------------------
	Total Regular and Miscellaneous Revenue		6,717,132,168	6,718,657,837	6,718,657,837
Other Sources:
	Operating Transfer		33,712,890	31,600,000	30,400,000
			--------------------	--------------------	--------------------
		Total Other Sources	33,712,890	31,600,000	30,400,000
Less:
	Transfer to General Reserve Fund		(12,974,290)	(12,974,290)	(12,974,290)
Total General Fund Revenue			6,737,870,768	6,737,283,547	6,736,083,547
	Department of Transportation Revenue		1,051,099,010	1,051,099,010	1,051,099,010
	Education Improvement Act		644,714,375	644,714,375	644,714,375
	Education Lottery Revenue		260,722,729	255,800,000	260,722,729
	Revenue Earmarked for Tax Relief Trust Funds		527,704,278	527,704,278	527,704,278
			--------------------	--------------------	--------------------
		Total All Sources of Revenues	9,222,111,160	9,216,601,210	9,220,323,939
			--------------------	--------------------	--------------------

This web page was last updated on Tuesday, June 23, 2009 at 10:34 A.M.