PAGE 318

SECTION 88 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2011-2012
			House of		Conference
			Representatives	Senate	Committee
			Estimate	Estimate	Estimate
			FY 2011-2012	FY 2011-2012	FY 2011-2012
			June 2, 2011	May 24, 2011	June 21, 2011
			--------------------	--------------------	--------------------
REGULAR SOURCES:
	Retail Sales Tax		2,250,595,976	2,250,803,376	2,250,803,376
	Income Tax (Total)		2,509,189,878	2,509,189,878	2,509,189,878
		Individual	2,322,282,386	2,322,282,386	2,322,282,386
		Corporation	186,907,492	186,907,492	186,907,492
			--------------------	--------------------	--------------------
		Total Income and Sales Tax	4,759,785,854	4,759,993,254	4,759,993,254
			--------------------	--------------------	--------------------
All Other Revenue
	Admissions Tax		28,731,859	28,731,859	28,731,859
	Aircraft Tax		5,638,820	5,638,820	5,638,820
	Alcoholic Liquor Tax		58,618,229	58,618,229	58,618,229
	Bank Tax		15,984,667	15,984,667	15,984,667
	Beer and Wine Tax		104,253,221	104,253,221	104,253,221
	Business License Tax		29,763,207	29,763,207	29,763,207
	Coin-Operated Device Tax		1,636,968	1,636,968	1,636,968
	Corporation License Tax		91,736,574	91,736,574	91,736,574
	Departmental Revenue		36,725,056	39,740,056	36,650,056
	Documentary Tax		31,549,841	31,549,841	31,549,841
	Earned on Investments		36,000,000	36,000,000	36,000,000
	Estate & Gift Tax		50,000	50,000	50,000
	Insurance Tax		177,937,694	177,937,694	177,937,694
	Motor Transport Fees		3,500	3,500	3,500
	Motor Vehicle Licenses		12,861,693	12,861,693	12,861,693
	Private Car Lines Tax		4,271,691	4,271,691	4,271,691
	Public Service Authority		21,315,705	21,315,705	21,315,705
	Retailers' License Tax		827,656	827,656	827,656
	Savings & Loan Association Tax		3,630,361	3,630,361	3,630,361
	Workers' Compensation Insurance Tax		13,401,914	13,401,914	13,401,914
			--------------------	--------------------	--------------------
		Total All Other Revenue	674,938,656	677,953,656	674,863,656
			--------------------	--------------------	--------------------
Total Regular Sources			5,434,724,510	5,437,946,910	5,434,856,910

PAGE 319

SECTION 88 ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION, EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES FISCAL YEAR 2011-2012
			House of		Conference
			Representatives	Senate	Committee
			Estimate	Estimate	Estimate
			FY 2011-2012	FY 2011-2012	FY 2011-2012
			June 2, 2011	May 24, 2011	June 21, 2011
			--------------------	--------------------	--------------------
MISCELLANEOUS SOURCES:
	Circuit & Family Court Fines		9,919,954	9,919,954	9,919,954
	Debt Service Reimbursement		188,108	188,108	188,108
	Indirect Cost Recoveries		11,061,222	11,061,222	11,061,222
	Mental Health Fees		3,400,000	-	-
	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			42,962,092	39,562,092	39,562,092
			--------------------	--------------------	--------------------
	Total Regular and Miscellaneous Revenue		5,477,686,602	5,477,509,002	5,474,419,002
Other Sources:
	Nonrecurring Operating Transfers		604,312	1,243,469	1,243,469
			--------------------	--------------------	--------------------
Total Other Sources			604,312	1,243,469	1,243,469
	General Fund Revenue		5,478,290,914	5,478,752,471	5,475,662,471
		Less:
		Transfer to General Reserve Fund	(17,141,169)	(17,141,169)	(17,141,169)
			--------------------	--------------------	--------------------
	General Fund Revenue (Net of Transfer
		to General Reserve Fund)	5,461,149,745	5,461,611,302	5,458,521,302
	Department of Transportation Revenue		1,137,353,752	1,137,353,752	1,137,353,752
	Education Improvement Act
		FY 2011-2012	562,998,994	563,050,844	563,050,844
		FY 2010-2011 Estimated Surplus	35,066,085	35,066,085	35,066,085
			--------------------	--------------------	--------------------
	Total Education Improvement Act		598,065,079	598,116,929	598,116,929
	Education Lottery Revenue		266,500,000	267,233,000	267,233,000
	Revenue Earmarked for Tax Relief Trust Funds		545,680,709	545,680,709	545,680,709
			--------------------	--------------------	--------------------
		Total All Sources of Revenues	8,008,749,285	8,009,995,692	8,006,905,692
			--------------------	--------------------	--------------------

This web page was last updated on Tuesday, June 21, 2011 at 3:16 P.M.