SECTION 88
                               REVENUE

             ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION,
       EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES
                         FISCAL YEAR 2008-2009

REGULAR SOURCES:
  Retail Sales Tax                                       2,698,853,250
  Income Tax (Total)                                     3,218,558,076
    Individual                                           2,969,672,332
    Corporation                                            248,885,744
                                                       ---------------
    Total Income and Sales Tax                           5,917,411,326
                                                       ---------------
All Other Revenue
  Admissions Tax                                            27,466,616
  Aircraft Tax                                               5,115,477
  Alcoholic Liquor Tax                                      56,237,031
  Bank Tax                                                  24,425,001
  Beer and Wine Tax                                        104,825,325
  Business License Tax                                      33,670,954
  Coin-Operated Device Tax                                   1,284,316
  Corporation License Tax                                   73,918,514
  Departmental Revenue                                      43,992,056
  Documentary Tax                                           57,870,466
  Earned on Investments                                     93,000,000
  Insurance Tax                                            176,494,186
  Motor Transport Fees                                          20,000
  Motor Vehicle Licenses                                    15,350,886
  Private Car Lines Tax                                      4,034,169
  Public Service Authority                                  16,340,234
  Retailers' License Tax                                       883,722
  Savings & Loan Association Tax                             4,002,478
  Workers' Compensation Insurance Tax                       14,655,680

    Total All Other Revenue                                753,587,111
                                                       ---------------
Total Regular Sources                                    6,670,998,437
                                                       ---------------

MISCELLANEOUS SOURCES:
  Circuit & Family Court Fines                              10,664,363
  Debt Service Reimbursement                                 1,722,838
  Indirect Cost Recoveries                                  16,679,391
  Mental Health Fees                                         3,200,000
  Parole & Probation Supervision Fees                        3,392,808
  Unclaimed Property Fund Transfer                          12,000,000
                                                       ---------------
Total Miscellaneous Sources                                 47,659,400
                                                       ---------------
  Total Regular and Miscellaneous Revenue                6,718,657,837
                                                       ---------------
Other Sources:
    Operating Transfer                                      30,400,000
                                                       ---------------
Total Other Sources                                         30,400,000


Less: Transfer to General Reserve Fund                    (12,974,290)
                                                       ---------------
Total General Fund Revenue                               6,736,083,547

  Department of Transportation Revenue                   1,051,099,010

  Education Improvement Act                                644,714,375

  Education Lottery Revenue                                260,722,729

  Revenue Earmarked for Tax Relief Trust Funds             527,704,278
                                                       ---------------
Total All Sources of Revenues                            9,220,323,939
                                                       ===============

This web page was last updated on Tuesday, June 23, 2009 at 11:10 A.M.