SECTION 88
                                   REVENUE

                   ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION,
                     EDUCATION IMPROVEMENT ACT AND EDUCATION
                               LOTTERY REVENUES
                              FISCAL YEAR 2012-2013

REGULAR SOURCES:

  Retail Sales Tax                                       2,466,430,613
  Income Tax (Total)                                     2,922,568,738
    Individual                                           2,732,202,909
    Corporation                                            190,365,829
                                                       ---------------
    Total Income and Sales Tax                           5,388,999,351
                                                       ---------------
All Other Revenue
  Admissions Tax                                            27,765,424
  Aircraft Tax                                               4,014,377
  Alcoholic Liquor Tax                                      62,138,620
  Bank Tax                                                  16,639,978
  Beer and Wine Tax                                        105,547,794
  Business License Tax                                      23,811,376
  Coin-Operated Device Tax                                   1,746,052
  Corporation License Tax                                   94,479,543
  Departmental Revenue                                      36,590,056
  Documentary Tax                                           22,571,698
  Earned on Investments                                     29,000,000
  Estates & Gift Tax                                             5,000
  Insurance Tax                                            196,999,264
  Motor Transport Fees                                           5,000
  Motor Vehicle Licenses                                    15,980,088
  Private Car Lines Tax                                      4,092,317
  Public Service Authority                                  19,792,150
  Retailers' License Tax                                       966,428
  Savings & Loan Association Tax                             1,811,348
  Workers' Compensation Insurance Tax                       12,025,746
                                                       ---------------

Total All Other Revenue                                    675,982,259
                                                       ---------------
Total Regular Sources                                    6,064,981,610
                                                       ---------------
MISCELLANEOUS SOURCES:
  Circuit & Family Court Fines                               9,951,395
  Debt Service Reimbursement                                   112,780
  Indirect Cost Recoveries                                  11,061,222
  Parole & Probation Supervision Fees                        3,392,808
  Unclaimed Property Fund Transfer                          15,000,000
                                                       ---------------
  Total Miscellaneous Sources                               39,518,205
                                                       ---------------
    Total Regular and Miscellaneous Revenue              6,104,499,815

Other Sources:
  Nonrecurring Operating Transfer                         (16,563,407)
                                                       ---------------
Total Other Sources                                       (16,563,407)

General Fund Revenue                                     6,087,936,408

    Department of Transportation Revenue                 1,401,707,396

    Education Improvement Act
      FY 2011-12                                           616,797,653
      FY 2010-11 Estimated Surplus                          27,719,814
                                                       ---------------
    Total Education Improvement Act                        644,517,467

    Education Lottery Revenue                              284,735,117

    Revenue Earmarked for Tax Relief Trust Funds           549,161,002
                                                       ---------------
    Total All Sources of Revenues                        8,968,057,390
                                                       ===============

This web page was last updated on Friday, July 6, 2012 at 11:27 A.M.