Annual Report of the State Comptroller Budgetary Basis Fiscal Year Ended June 30, 2003 - General Fund - Schedule B-2

State of Connecticut

GENERAL FUND

SCHEDULE B-2

GENERAL FUND
STATEMENT OF ESTIMATED AND REALIZED REVENUE
SCHEDULE B-2
FISCAL YEAR ENDED JUNE 30, 2003
TAXES REALIZED
REVENUE
BUDGETED
REVENUE
REALIZED
OVER(UNDER)
BUDGETED
Personal Income $4,263,070,186 $4,553,000,000 $(289,929,814)
Sales and Use 3,025,743,350 3,141,300,000 (15,556,650)
Corporations 507,975,065 470,400,000 37,575,065
Inheritance and Estate 184,320,384 143,500,000 40,820,384
Insurance Companies 239,358,208 218,000,000 21,358,208
Public Service Corporations 197,959,054 172,900,000 25,059,054
Cigarettes and Tobacco 256,052,301 237,000,000 19,052,301
Real Estate Conveyance 149,317,277 111,000,000 38,317,277
Oil Companies 117,451,285 77,500,000 39,951,285
Alcoholic Beverages 42,490,335 42,000,000 490,335
Admissions, Dues and Cabaret 31,695,767 28,500,000 3,195,767
Miscellaneous 33,730,560 37,900,000 (4,169,440)
Totals 9,049,163,772 9,233,000,000 (183,836,228)
Less Refunds of Taxes (808,208,929) (794,600,000) (13,608,929)
Less R & D Credit Exchange (11,148,097) (14,000,000) 2,851,903
Net Taxes 8,229,806,746 8,424,400,000 (194,593,254)
       
OTHER REVENUE      
Transfers - Special Revenue 262,776,055 273,000,000 -10,223,945
Indian Gaming Payments 387,255,464 399,000,000 -11,744,536
Licenses, Permits and Fees 125,179,133 128,500,000 -3,320,867
Sales of Commodities and Services 32,869,081 31,000,000 1,869,081
Rents, Fines and Escheats 81,490,158 88,400,000 -6,909,842
Investment Income 7,083,280 28,000,000 -20,916,720
Miscellaneous 182,363,883 121,000,000 61,363,883
Total Other Revenue 1,079,017,054 1,068,900,000 10,117,054
Less Refunds of Payments (396,555) (500,000) 103,445
Net Other Revenue 1,078,620,499 1,068,400,000 10,220,499
       
OTHER SOURCES      
Federal Grants 2,318,420,783 2,303,200,000 15,220,783
Transfer to the Resources of the General Fund 351,460,825 284,100,000 67,360,825
Transfer from the Tobacco Settlement Fund 138,025,169 133,000,000 5,025,169
Transfers to the Pequot/Mohegan Fund (93,009,000) (121,200,000) 28,191,000
Total Other Sources 2,714,897,777 2,599,100,000 115,797,777
       
Total Budgeted Revenue 12,023,325,022 $12,091,900,000 $(68,574,978)
       
Restricted Federal and Other Revenue-      
Net of Inter-Agency Transfers 1,254,709,481    
       
Total $13,278,034,503