State of Connecticut

GENERAL FUND

STATE OF CONNECTICUT GENERAL FUND
STATEMENT OF ESTIMATED AND REALIZED REVENUE
SCHEDULE B-2
FISCAL YEAR ENDED June 30, 2013
REALIZED
REVENUE
BUDGETED
REVENUE
REALIZED
OVER(UNDER)
BUDGETED
TAXES      
Personal Income $8,719,245,221 $8,554,300,000 $164,945,221
Sales and Use 3,896,997,722 4,045,935,000 (148,937,278)
Corporations 742,515,261 793,000,000 (50,484,739)
Public Service Corporations 266,647,001 275,200,000 (8,552,999)
Inheritance and Estate 439,518,640 166,200,000 273,318,640
Insurance Companies 260,857,534 234,400,000 26,457,534
Cigarettes and Tobacco 399,822,459 411,130,000 (11,307,541)
Real Estate Conveyance 113,830,283 100,300,000 13,530,283
Oil Companies 175,526,382 182,600,000 (7,073,618)
Electric Generation 66,823,496 71,000,000 (4,176,504)
Alcoholic Beverages 60,406,420 59,300,000 1,106,420
Admissions, Dues, and Cabaret 36,544,403 39,600,000 (3,055,597)
Miscellaneous 523,028,236 550,800,000 (27,771,764)
Totals 15,701,763,058 15,483,765,000 217,998,058
Less Refunds of Taxes (1,144,993,083) (1,067,100,000) (77,893,083)
Less R & D Credit Exchange (4,086,259) (8,500,000) 4,413,741
Net Taxes 14,552,683,716 14,408,165,000 144,518,716
       
OTHER REVENUE      
Transfers - Special Revenue 315,452,211 305,100,000 10,352,211
Indian Gaming Payments 296,396,137 336,200,000 (39,803,863)
Licenses, Permits, and Fees 262,068,473 258,821,000 3,247,473
Sales of Commodities and Services 36,298,033 34,800,000 1,498,033
Rents, Fines, and Escheats 144,141,224 107,698,000 36,443,224
Investment Income (792,338) 2,800,000 (3,592,338)
Miscellaneous 163,818,166 162,900,000 918,166
Total Other Revenue 1,217,381,906 1,208,319,000 9,062,906
Less Refunds of Payments (74,016,252) (50,000,000) (24,016,252)
Net Other Revenue 1,143,365,654 1,158,319,000 (14,953,346)
       
OTHER SOURCES      
Federal Grants 3,733,909,941 3,629,044,000 104,865,941
Transfer from the Tobacco Settlement Fund 103,100,000 93,100,000 10,000,000
Transfer to the Resources of the General Fund (66,228,236) (83,659,000) 17,430,764
Transfers to the Pequot/Mohegan Fund (61,800,000) (61,800,000) -
Total Other Sources 3,708,981,705 3,576,685,000 132,296,705
       
Total Budgeted Revenue $19,405,031,075 $19,143,169,000 $261,862,075