South Carolina General Assembly
117th Session, 2007-2008

H. 4800
General Appropriations Bill for fiscal year 2008-2009
As Passed by the General Assembly

PAGE 344
SECTION 88
ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION,
EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES
FISCAL YEAR 2008-2009
 
      House of   Conference
Representatives Senate Committee
Estimate Estimate Estimate
FY 2008-2009 FY 2008-2009 FY 2008-2009
May 8, 2008 April 16, 2008 May 22, 2008
-------------------- -------------------- --------------------
REGULAR SOURCES:
  Retail Sales Tax 2,697,542,457 2,698,853,250 2,698,853,250
Income Tax (Total) 3,217,053,750 3,218,558,076 3,218,558,076
Individual 2,968,168,006 2,969,672,332 2,969,672,332
Corporation 248,885,744 248,885,744 248,885,744
  -------------------- -------------------- --------------------
 
Total Income and Sales Tax 5,914,596,207 5,917,411,326 5,917,411,326
  -------------------- -------------------- --------------------
All Other Revenue
Admissions Tax 27,466,616 27,466,616 27,466,616
Aircraft Tax 5,115,477 5,115,477 5,115,477
Alcoholic Liquor Tax 56,237,031 56,237,031 56,237,031
Bank Tax 24,425,001 24,425,001 24,425,001
Beer and Wine Tax 104,825,325 104,825,325 104,825,325
Business License Tax 33,670,954 33,670,954 33,670,954
Coin-Operated Device Tax 1,284,316 1,284,316 1,284,316
Corporation License Tax 73,918,514 73,918,514 73,918,514
Departmental Revenue 45,392,056 43,992,056 43,992,056
Documentary Tax 57,870,466 57,870,466 57,870,466
Earned on Investments 93,000,000 93,000,000 93,000,000
Insurance Tax 176,494,186 176,494,186 176,494,186
Motor Transport Fees 20,000 20,000 20,000
Motor Vehicle Licenses 15,240,336 15,350,886 15,350,886
Private Car Lines Tax 4,034,169 4,034,169 4,034,169
Public Service Authority 16,340,234 16,340,234 16,340,234
Retailers' License Tax 883,722 883,722 883,722
Savings & Loan Association Tax 4,002,478 4,002,478 4,002,478
Workers' Compensation Insurance Tax 14,655,680 14,655,680 14,655,680
  -------------------- -------------------- --------------------
 
Total All Other Revenue 754,876,561 753,587,111 753,587,111
  -------------------- -------------------- --------------------
 
Total Regular Sources 6,669,472,768 6,670,998,437 6,670,998,437


PAGE 345
SECTION 88
ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION,
EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES
FISCAL YEAR 2008-2009
 
      House of   Conference
Representatives Senate Committee
Estimate Estimate Estimate
FY 2008-2009 FY 2008-2009 FY 2008-2009
May 8, 2008 April 16, 2008 May 22, 2008
-------------------- -------------------- --------------------
MISCELLANEOUS SOURCES:
  Circuit & Family Court Fines 10,664,363 10,664,363 10,664,363
Debt Service Reimbursement 1,722,838 1,722,838 1,722,838
Indirect Cost Recoveries 16,679,391 16,679,391 16,679,391
Mental Health Fees 3,200,000 3,200,000 3,200,000
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 47,659,400 47,659,400 47,659,400
  -------------------- -------------------- --------------------
 
Total Regular and Miscellaneous Revenue 6,717,132,168 6,718,657,837 6,718,657,837
 
Other Sources:
Operating Transfer 33,712,890 31,600,000 30,400,000
  -------------------- -------------------- --------------------
 
Total Other Sources 33,712,890 31,600,000 30,400,000
 
Less:
Transfer to General Reserve Fund (12,974,290) (12,974,290) (12,974,290)
 
Total General Fund Revenue 6,737,870,768 6,737,283,547 6,736,083,547
 
Department of Transportation Revenue 1,051,099,010 1,051,099,010 1,051,099,010
 
Education Improvement Act 644,714,375 644,714,375 644,714,375
 
Education Lottery Revenue 260,722,729 255,800,000 260,722,729
 
Revenue Earmarked for Tax Relief Trust Funds 527,704,278 527,704,278 527,704,278
  -------------------- -------------------- --------------------
 
Total All Sources of Revenues 9,222,111,160 9,216,601,210 9,220,323,939
  -------------------- -------------------- --------------------

This web page was last updated on Tuesday, June 23, 2009 at 10:34 A.M.