South Carolina General Assembly
119th Session, 2011-2012

H. 4813
General Appropriations Bill for fiscal year 2012-2013
As Reported by the Conference Committee

PAGE 319
SECTION 88
ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION,
EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES
FISCAL YEAR 2012-13
 
      House of   Conference
Representatives Senate Committee
Estimate Estimate Estimate
FY 2012-2013 FY 2012-2013 FY 2012-2013
June 6, 2012 May 24, 2012 June 27, 2012
-------------------- -------------------- --------------------
REGULAR SOURCES:
  Retail Sales Tax 2,466,148,213 2,466,430,613 2,466,430,613
Income Tax (Total) 2,877,829,486 2,927,774,468 2,922,568,738
Individual 2,687,463,657 2,737,408,639 2,732,202,909
Corporation 190,365,829 190,365,829 190,365,829
  -------------------- -------------------- --------------------
 
Total Income and Sales Tax 5,343,977,699 5,394,205,081 5,388,999,351
  -------------------- -------------------- --------------------
All Other Revenue
Admissions Tax 27,803,724 27,765,424 27,765,424
Aircraft Tax 4,014,377 4,014,377 4,014,377
Alcoholic Liquor Tax 62,138,620 62,138,620 62,138,620
Bank Tax 16,639,978 16,639,978 16,639,978
Beer and Wine Tax 105,547,794 105,547,794 105,547,794
Business License Tax 23,811,376 23,811,376 23,811,376
Coin-Operated Device Tax 1,746,052 1,746,052 1,746,052
Corporation License Tax 94,479,543 94,479,543 94,479,543
Departmental Revenue 36,590,056 39,554,354 36,590,056
Documentary Tax 22,571,698 22,571,698 22,571,698
Earned on Investments 29,000,000 29,000,000 29,000,000
Estate & Gift Tax 5,000 5,000 5,000
Insurance Tax 196,999,264 196,999,264 196,999,264
Motor Transport Fees 5,000 5,000 5,000
Motor Vehicle Licenses 15,980,088 15,980,088 15,980,088
Private Car Lines Tax 4,092,317 4,092,317 4,092,317
Public Service Authority 19,792,150 19,792,150 19,792,150
Retailers' License Tax 966,428 966,428 966,428
Savings & Loan Association Tax 1,811,348 1,811,348 1,811,348
Workers' Compensation Insurance Tax 12,025,746 12,025,746 12,025,746
  -------------------- -------------------- --------------------
 
Total All Other Revenue 676,020,559 678,946,557 675,982,259
  -------------------- -------------------- --------------------
 
Total Regular Sources 6,019,998,258 6,073,151,638 6,064,981,610


PAGE 320
SECTION 88
ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION,
EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES
FISCAL YEAR 2012-13
 
      House of   Conference
Representatives Senate Committee
Estimate Estimate Estimate
FY 2012-2013 FY 2012-2013 FY 2012-2013
June 6, 2012 May 24, 2012 June 27, 2012
-------------------- -------------------- --------------------
MISCELLANEOUS SOURCES:
  Circuit & Family Court Fines 9,951,395 9,951,395 9,951,395
Debt Service Reimbursement 112,780 112,780 112,780
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 39,518,205 39,518,205 39,518,205
  -------------------- -------------------- --------------------
 
Total Regular and Miscellaneous Revenue 6,059,516,463 6,112,669,843 6,104,499,815
 
Other Sources:
Nonrecurring Operating Transfers (1,927,407) 13,573,914 (16,563,407)
  -------------------- -------------------- --------------------
 
General Fund Revenue 6,057,589,056 6,126,243,757 6,087,936,408
 
Department of Transportation Revenue 1,362,949,427 1,401,707,396 1,401,707,396
 
Education Improvement Act
Recurring 616,727,053 616,797,653 616,797,653
Nonrecurring 27,719,814 27,719,814 27,719,814
  -------------------- -------------------- --------------------
Total Education Improvement Act 644,446,867 644,517,467 644,517,467
  -------------------- -------------------- --------------------
 
Education Lottery Revenue 284,735,117 284,735,117 284,735,117
 
Revenue Earmarked for Tax Relief
Trust Funds 549,161,002 549,161,002 549,161,002
  -------------------- -------------------- --------------------
 
Total All Sources of Revenues 8,898,881,469 9,006,364,739 8,968,057,390
  -------------------- -------------------- --------------------

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