2008-10 Revenue Estimates
The following table shows revenue estimates for the 2008-10 biennium, as adopted in the 2008 Appropriation Act (Chapter 879, 2008 Acts of Assembly).
| General Fund Revenues | ||
|---|---|---|
| Revenue Source | Biennial total $ in millions |
|
| Balance June 30, 2008 | $312.80 | |
| Additions to balance | $248.00 | |
| Transfers | $772.30 | |
| Official revenue estimate: | ||
| Miscellaneous Taxes & Revenue | $2,066.80 | |
| Public Services | $179.60 | |
| Insurance Premiums | $612.10 | |
| Corporate Income | $1,434.20 | |
| Sales Tax | $6,616.90 | |
| Individual Income | $22,370.40 | |
| $33,280.00 | ||
| Total general fund revenue available for appropriation | $34,613.00 | |
| Nongeneral Fund Revenues | ||
| Revenue Source | Biennial total $ in millions |
|
| Balance June 30, 2008 | $2,988.50 | |
| Bond proceeds | $1,583.30 | |
| Lottery Proceeds Fund | $922.00 | |
| Official revenue estimate: | ||
| Federal Grants & Contracts | $15,389.30 | |
| Institutional Revenue From Institutions of Higher Education, Hospitals, etc. | $9,894.90 | |
| Transportation Taxes and Fees | $5,279.10 | |
| Other Taxes | $1,132.60 | |
| Other Rights & Privileges | $1,282.70 | |
| Alcoholic Beverage Sales | $1,118.80 | |
| Assessment & Receipts for Support of Special Services | $895.90 | |
| Unemployment Compensation | $716.10 | |
| Other Grants & Contracts | $707.30 | |
| Interest, Dividends, and Rents | $295.90 | |
| Fines, Forfeitures, Court fees, Codes, Penalties & Escheats | $345.40 | |
| Other Sales of Property & Commodities | $511.20 | |
| Other Revenue | $2,691.80 | |
| $40,260.80 | ||
| Total nongeneral fund revenue available for appropriation | $45,754.60 | |
| Total resources | $80,367.60 | |