State of Connecticut

GENERAL FUND

GENERAL FUND
STATEMENT OF ESTIMATED AND REALIZED REVENUE
SCHEDULE B-2
FISCAL YEAR ENDED JUNE 30, 2008
REALIZED
REVENUE
BUDGETED
REVENUE
REALIZED
OVER(UNDER)
BUDGETED
TAXES      
Personal Income $7,512,688,284 $7,193,900,000 $318,788,284
Sales and Use 3,582,316,839 3,598,900,000 (16,583,161)
Corporations 733,941,984 870,000,000 (136,058,016)
Cigarettes and Tobacco 335,196,665 351,500,000 (16,303,335)
Insurance Companies 227,220,954 258,100,000 (30,879,046)
Public Service Corporations 237,112,562 253,100,000 (15,987,438)
Real Estate Conveyance 158,544,197 200,000,000 (41,455,803)
Inheritance and Estate 170,618,814 185,400,000 (14,781,186)
Oil Companies 205,483,240 134,700,000 70,783,240
Alcoholic Beverages 47,077,475 47,000,000 77,475
Admissions, Dues and Cabaret 37,276,886 34,400,000 2,876,886
Miscellaneous 139,979,799 145,000,000 (5,020,201)
Totals 13,387,457,699 13,272,000,000 115,457,699
Less Refunds of Taxes (852,184,147) (812,800,000) (39,384,147)
Less R & D Credit Exchange (11,362,507) (6,000,000) (5,362,507)
Net Taxes 12,523,911,045 12,453,200,000 70,711,045
       
OTHER REVENUE      
Indian Gaming Payments 411,409,920 437,500,000 (26,090,080)
Transfers - Special Revenue 287,603,607 282,600,000 5,003,607
Licenses, Permits and Fees 171,739,173 163,600,000 8,139,173
Rents, Fines and Escheats 59,922,565 52,100,000 7,822,565
Sales of Commodities and Services 30,066,542 38,000,000 (7,933,458)
Investment Income 63,942,685 85,000,000 (21,057,315)
Miscellaneous 140,088,608 148,100,000 (8,011,392)
Total Other Revenue 1,164,773,100 1,206,900,000 (42,126,900)
Less Refunds of Payments (501,193) (600,000) 98,807
Net Other Revenue 1,164,271,907 1,206,300,000 (42,028,093)
       
OTHER SOURCES      
Federal Grants 2,701,602,617 2,643,100,000 58,502,617
Transfer to the Resources of the General Fund - (16,000,000) 16,000,000
Transfer from the Tobacco Settlement Fund 115,300,000 115,300,000 -
Transfers to the Pequot/Mohegan Fund (86,300,000) (86,300,000) -
Total Other Sources 2,730,602,617 2,656,100,000 74,502,617
       
Total Budgeted Revenue $16,418,785,569 $16,315,600,000 $103,185,569