General Appropriations Bill H. 4600 for the fiscal year beginning July 1, 1996
PAGE 391
SECTION 71
ESTIMATE OF GENERAL, SCHOOL, HIGHWAY,
AND EDUCATION IMPROVEMENT ACT REVENUES
FISCAL YEAR 1996-97
Board of Ways & Means
Economic Advisors Governor's Committee
Estimate Estimate Estimate
FY 1996-97 FY 1996-97 FY 1996-97
November 8, 1995 December 20, 1995 February 15, 1996
REGULAR SOURCES:
Retail Sales Tax 1,605,327,166 1,605,327,166 1,605,307,166
Income Tax (Total) 2,091,886,264 2,087,786,264 2,091,886,264
Individual 1,835,805,929 1,831,705,929 1,835,805,929
Corporation 256,080,335 256,080,335 256,080,335
Total Income and Sales Tax 3,697,213,430 3,693,113,430 3,697,193,430
All Other Revenue
Admissions Tax 3,000,000 3,000,000 3,000,000
Aircraft Tax 3,888,415 3,888,415 3,888,415
Alcoholic Liquor Tax 49,587,107 49,587,107 49,587,107
Bank Tax 10,000,000 10,000,000 10,000,000
Beer and Wine Tax 78,090,076 78,090,076 78,090,076
Business License Tax 31,363,645 31,363,645 31,363,645
Coin-Operated Device Tax 25,000,000 25,000,000 25,000,000
Corporation License Tax 50,212,015 50,212,015 50,212,015
Department of Agriculture 7,138,680 7,138,680 7,138,680
Departmental Revenue 40,882,180 40,882,180 40,116,983
Documentary Tax 18,148,647 18,148,647 18,148,647
Earned on Investments 50,000,000 50,000,000 50,000,000
Electric Power Tax 19,198,752 19,198,752 19,198,752
Estate Tax 26,250,000 26,250,000 26,250,000
Fertilizer Inspection Tax 200,000 200,000 200,000
Gasoline Tax-Counties 20,369,463 10,184,963 19,520,755
Insurance Tax 85,647,626 85,647,626 85,647,626
Motor Transport Fees 2,500,000 2,500,000 2,500,000
Motor Vehicle Licenses 104,483,073 101,733,073 0
Private Car Lines Tax 1,200,000 1,200,000 1,200,000
Public Service Authority 7,060,000 7,060,000 7,060,000
Radioactive Waste Surcharge
Retailers' License Tax 939,795 939,795 939,795
Savings & Loan Association Tax 3,643,662 3,643,662 3,643,662
Soft Drinks Tax 21,219,31 21,219,31 21,219,313
Workers' Compensation Insurance Tax 7,953,631 7,953,631 7,953,631
Total All Other Revenue 667,976,080 655,041,580 561,879,102
Total Regular Sources 4,365,189,510 4,348,155,010 4,259,072,532
PAGE 392
SECTION 71
ESTIMATE OF GENERAL, SCHOOL, HIGHWAY,
AND EDUCATION IMPROVEMENT ACT REVENUES
FISCAL YEAR 1996-97
Board of Ways & Means
Economic Advisors Governor's Committee
Estimate Estimate Estimate
FY 1996-97 FY 1996-97 FY 1996-97
November 8, 1995 December 20, 1995 February 15, 1996
MISCELLANEOUS SOURCES:
Circuit & Family Court Fines 4,344,800 8,344,800 8,344,800
Debt Service Reimbursement 11,220,554 11,220,554 23,690,951
Indirect Cost Recoveries 25,655,059 25,655,059 25,648,301
Mental Health Fees 3,800,000 3,800,000 3,800,00
Parole & Probation Supervision Fees 3,392,298 3,392,298 3,392,298
Unclaimed Property Fund Transfer 6,000,000 6,000,000 6,000,000
Waste Treatment Loan Repayment 200,000 200,000 200,000
Non-recurring Revenue
______________ _______________ ______________
Total Miscellaneous Sources 54,612,711 58,612,711 71,076,350
______________ _______________ ______________
Total Regular and Miscellaneous Revenue 4,419,802,221 4,406,767,721 4,330,148,882
Less: Act 162 of 1993-Spending Limitation (52,422,258) (52,422,258) (52,422,258)
______________ _______________ ______________
Base Revenue Estimate 4,367,379,963 4,354,345,463 4,277,726,624
______________ _______________ ______________
Total General Fund Revenue 4,367,379,963 4,354,345,463 4,277,726,624
______________ _______________ ______________
Department of Transportation Revenue 711,138,021 721,322,521 711,986,729
Education Improvement Act 403,331,792 403,331,792 403,331,792
Total All Sources of Revenues 5,481,849,776 5,478,999,776 5,393,045,145