2002-04 Revenue Estimates
The following table shows revenue estimates for the 2002-2004 biennium, as adopted in the 2003 Appropriation Act (Chapter 1042, 2003 Acts of Assembly).
| General Fund Revenues | ||
|---|---|---|
| Revenue Source | Biennial total $ in millions |
|
| Balance June 30, 2002 | $133.2 | |
| Additions to balance | $17.9 | |
| Lottery profits, ABC profits and other transfers | $1,739.9 | |
| Official revenue estimate: | ||
| Miscellaneous Taxes & Revenue | $1,924.6 | |
| Public Services | $169.8 | |
| Insurance Premiums | $647.7 | |
| Corporate Income | $617.1 | |
| Sales Tax | $4,802.6 | |
| Individual Income | $14,010.4 | |
| $22,172.2 | ||
| Total general fund revenue available for appropriation | $24,063.2 | |
| Nongeneral Fund Revenues | ||
| Revenue Source | Biennial total $ in millions |
|
| Balance June 30, 2004 | $1,709.6 | |
| Bond proceeds | $1,095.4 | |
| Official revenue estimate: | ||
| Federal Grants & Contracts | $11,502.5 | |
| Institutional Revenue From Institutions of Higher Education, Hospitals, etc. | $6,468.3 | |
| Transportation Taxes and Fees | $4,174.4 | |
| Other Taxes | $206.6 | |
| Other Rights & Privileges | $834.3 | |
| Alcoholic Beverage Sales | $721.5 | |
| Assessment & Receipts for Support of Special Services | $497.9 | |
| Unemployment Compensation | $623.6 | |
| Other Grants & Contracts | $294.5 | |
| Interest, Dividends, and Rents | $191.7 | |
| Fines, Forfeitures, Court fees, Codes, Penalties & Escheats | $102.4 | |
| Other Sales of Property & Commodities | $61.8 | |
| Other Revenue | $2,088.2 | |
| $27,767.7 | ||
| Total nongeneral fund revenue available for appropriation | $30,572.8 | |
| Total resources | $54,635.9 | |