South Carolina General Assembly
115th Session, 2003-2004

H. 3749
General Appropriations Bill for fiscal year 2003-2004
As Amended on Second Senate Reading

PAGE 335
SECTION 71
ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION,
EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES
FISCAL YEAR 2003-2004
 
        House Of  
Governor's Representatives Senate
Estimate Estimate Finance Amendment
FY 2003-2004 FY 2003-2004 FY 2003-2004
December 19, 2002 March 18, 2003 May 15, 2003
--------------------- --------------------- ---------------------
REGULAR SOURCES:
  Retail Sales Tax 2,308,345,742 2,169,549,590 2,169,549,590
Income Tax (Total) 2,194,203,731 2,071,856,882 2,046,327,233
Individual 2,077,396,286 1,964,368,464 1,940,742,357
Corporation 116,807,445 107,488,418 105,584,876
  --------------------- --------------------- ---------------------
 
Total Income and Sales Tax 4,502,549,473 4,241,406,472 4,215,876,823
  --------------------- --------------------- ---------------------
All Other Revenue
Admissions Tax 35,615,885 35,615,885 35,615,885
Aircraft Tax 2,600,329 2,600,329 2,600,329
Alcoholic Liquor Tax 47,283,233 47,283,233 47,283,233
Bank Tax 13,184,512 29,552,512 29,552,512
Beer and Wine Tax 93,573,494 93,573,494 93,573,494
Business License Tax 28,430,232 28,430,232 28,130,232
Coin-Operated Device Tax 2,500,000 2,500,000 2,500,000
Corporation License Tax 62,167,449 72,417,450 72,417,450
Departmental Revenue 55,863,360 61,163,360 61,163,360
Documentary Tax 41,267,523 41,267,523 41,267,523
Earned on Investments 19,200,000 15,000,000 15,000,000
Electric Power Tax 24,626,860 24,626,860 24,626,860
Estate Tax 41,289,589 41,289,589 41,289,589
Insurance Tax 119,218,719 119,218,719 119,218,719
Motor Transport Fees 15,000 15,000 15,000
Motor Vehicle Licenses 107,101,537 57,901,537 50,701,537
Petroleum Inspection Tax 8,177,865 8,177,865 8,177,865
Private Car Lines Tax 3,793,498 3,793,498 3,793,498
Public Service Authority 12,344,892 12,344,892 12,344,892
Retailers' License Tax 900,703 900,703 900,703
Savings & Loan Association Tax 4,527,346 4,527,346 4,527,346
Workers' Compensation Insurance Tax 11,813,250 11,813,250 11,813,250
  --------------------- --------------------- ---------------------
 
Total All Other Revenue 735,495,276 714,013,277 706,513,277
  --------------------- --------------------- ---------------------
 
Total Regular Sources 5,238,044,749 4,955,419,749 4,922,390,100


PAGE 336
SECTION 71
ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION,
EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES
FISCAL YEAR 2003-2004
 
        House Of  
Governor's Representatives Senate
Estimate Estimate Finance Amendment
FY 2003-2004 FY 2003-2004 FY 2003-2004
December 19, 2002 March 18, 2003 May 15, 2003
--------------------- --------------------- ---------------------
MISCELLANEOUS SOURCES:
Circuit & Family Court Fines 9,917,948 9,897,948 9,897,948
Debt Service Reimbursement 3,750,469 3,750,469 3,750,469
Indirect Cost Recoveries 22,893,411 22,893,411 22,665,483
Mental Health Fees 3,800,000 3,800,000 3,800,000
Parole & Probation Supervision Fees 3,392,423 3,392,423 3,392,423
Unclaimed Property Fund Transfer 6,600,000 6,600,000 6,600,000
Non-Recurring Revenue 89,284,872 12,165,449
  --------------------- --------------------- ---------------------
 
Total Miscellaneous Sources 139,639,123 62,499,700 50,106,323
  --------------------- --------------------- ---------------------
 
Total Regular and Miscellaneous Revenue 5,377,683,872 5,017,919,449 4,972,496,423
 
Less: Transfer to General Reserve Fund (49,299,599) (49,299,599)
  --------------------- --------------------- ---------------------
 
Total General Fund Revenue 5,377,683,872 4,968,619,850 4,923,196,824
 
Department of Transportation Revenue 861,914,182 861,914,182 861,914,182
 
Education Improvement Act 577,986,435 543,187,398 543,187,398
 
Education Lottery Revenue 157,000,000 194,628,485 192,000,000
 
Revenue Earmarked for Tax Relief Trust Funds 490,801,000 490,801,000 516,330,649
 
Total All Sources of Revenues 7,465,385,489 6,864,522,430 6,844,629,053
  --------------------- --------------------- ---------------------


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