PAGE 354

SECTION 71 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2007-2008
			House of		Conference
			Representatives	Senate	Committee
			Estimate	Estimate	Estimate
			FY 2007-2008	FY 2007-2008	FY 2007-2008
			May 8, 2007	April 26, 2007	June 20, 2007
			--------------------	--------------------	--------------------
REGULAR SOURCES:
	Retail Sales Tax		2,695,742,000	2,627,400,000	2,600,152,000
	Income Tax (Total)		3,085,339,097	3,209,349,097	3,212,387,947
		Individual	2,818,715,206	2,939,344,320	2,927,383,170
		Corporation	266,623,891	270,004,777	285,004,777
			--------------------	--------------------	--------------------
		Total Income and Sales Tax	5,781,081,097	5,836,749,097	5,812,539,947
			--------------------	--------------------	--------------------
All Other Revenue
	Admissions Tax		26,188,809	26,188,809	26,188,809
	Aircraft Tax		4,821,373	4,821,373	4,821,373
	Alcoholic Liquor Tax		55,079,396	55,079,396	55,079,396
	Bank Tax		32,848,283	32,848,283	32,848,283
	Beer and Wine Tax		102,568,811	102,568,811	102,568,811
	Business License Tax		33,337,578	33,337,578	33,337,578
	Coin-Operated Device Tax		1,120,680	1,120,680	1,120,680
	Corporation License Tax		79,191,884	79,191,884	79,191,884
	Departmental Revenue		46,024,911	45,674,911	45,674,911
	Documentary Tax		72,124,198	72,124,198	72,124,198
	Earned on Investments		100,500,000	100,500,000	100,500,000
	Electric Power Tax		6,485,879	6,485,879	6,485,879
	Insurance Tax		156,194,482	156,194,482	156,194,482
	Motor Transport Fees		11,000	11,000	11,000
	Motor Vehicle Licenses		6,939,215	6,939,215	6,939,215
	Private Car Lines Tax		3,834,761	3,834,761	3,834,761
	Public Service Authority		15,864,305	15,864,305	15,864,305
	Retailers' License Tax		866,394	866,394	866,394
	Savings & Loan Association Tax		3,885,901	3,885,901	3,885,901
	Workers' Compensation Insurance Tax		14,078,463	14,078,463	14,078,463
			--------------------	--------------------	--------------------
		Total All Other Revenue	761,966,323	761,616,323	761,616,323
			--------------------	--------------------	--------------------
Total Regular Sources			6,543,047,420	6,598,365,420	6,574,156,270

PAGE 355

SECTION 71 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2007-2008
			House of		Conference
			Representatives	Senate	Committee
			Estimate	Estimate	Estimate
			FY 2007-2008	FY 2007-2008	FY 2007-2008
			May 8, 2007	April 26, 2007	June 20, 2007
			--------------------	--------------------	--------------------
MISCELLANEOUS SOURCES:
	Circuit & Family Court Fines		9,966,694	9,966,694	9,966,694
	Debt Service Reimbursement		1,722,838	1,722,838	1,722,838
	Indirect Cost Recoveries		18,052,819	18,052,819	18,052,819
	Mental Health Fees		3,400,000	3,400,000	3,400,000
	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			48,535,159	48,535,159	48,535,159
			--------------------	--------------------	--------------------
	Total Regular and Miscellaneous Revenue		6,591,582,579	6,646,900,579	6,622,691,429
			--------------------	--------------------	--------------------
Other Sources:
	Balances Available from the Prior Year:
		BEA Certified FY 2006-07 Year-End Surplus	62,019,971	80,417,633	113,491,661
		Excess Debt Service Appropriation FY 2006-07	5,895,419	5,895,419	5,895,419
		Operating Transfer			244,854
			--------------------	--------------------	--------------------
		Total Other Sources	67,915,390	86,313,052	119,631,934
Less: Transfer to General Reserve Fund			(19,048,978)	(19,048,978)	(19,048,978)
Total General Fund Revenue			6,640,448,991	6,714,164,653	6,723,274,385
	Department of Transportation Revenue		998,899,010	998,899,010	998,899,010
	Education Improvement Act		689,940,840	671,752,840	704,940,840
	Education Lottery Revenue		266,400,000	266,400,000	266,400,000
	Revenue Earmarked for Tax Relief Trust Funds		507,846,331	507,846,331	507,846,331
			--------------------	--------------------	--------------------
		Total All Sources of Revenues	9,103,535,172	9,159,062,834	9,201,360,566
			--------------------	--------------------	--------------------

This web page was last updated on Tuesday, June 23, 2009 at 11:14 A.M.