GENERAL FUND
STATE OF CONNECTICUT GENERAL FUND STATEMENT OF ESTIMATED AND REALIZED REVENUE |
SCHEDULE B-2 | ||
---|---|---|---|
FISCAL YEAR ENDED June 30, 2016 | |||
REALIZED REVENUE |
BUDGETED REVENUE |
REALIZED OVER(UNDER) BUDGETED | |
TAXES | |||
Personal Income | $9,181,648,456 | $9,834,400,000 | $(652,751,544) |
Sales and Use | 4,181,851,794 | 4,121,100,000 | 60,751,794 |
Corporations | 880,449,029 | 902,200,000 | (21,750,971) |
Public Service Corporations | 289,893,949 | 308,000,000 | (18,106,051) |
Inheritance and Estate | 221,821,138 | 173,400,000 | 48,421,138 |
Insurance Companies | 238,843,242 | 243,800,000 | (4,956,758) |
Cigarettes and Tobacco | 373,517,933 | 361,200,000 | 12,317,933 |
Real Estate Conveyance | 196,497,929 | 194,700,000 | 1,797,929 |
Oil Companies | 170,326 | - | 170,326 |
Alcoholic Beverages | 63,113,342 | 61,700,000 | 1,413,342 |
Admissions, Dues, and Cabaret | 39,330,800 | 38,300,000 | 1,030,800 |
Miscellaneous | 718,849,956 | 697,700,000 | 21,149,956 |
Totals | 16,385,987,894 | 16,936,500,000 | (550,512,106) |
Less Refunds of Taxes | (1,223,198,208) | (1,217,800,000) | (5,398,208) |
Less R & D Credit Exchange | (7,623,243) | (7,100,000) | (523,243) |
Net Taxes | 15,155,166,443 | 15,711,600,000 | (556,433,557) |
OTHER REVENUE | |||
Transfers - Special Revenue | 339,961,137 | 343,400,000 | (3,438,863) |
Indian Gaming Payments | 265,906,540 | 258,800,000 | 7,106,540 |
Licenses, Permits, and Fees | 296,501,817 | 308,500,000 | (11,998,183) |
Sales of Commodities and Services | 43,453,909 | 38,000,000 | 5,453,909 |
Rents, Fines, and Escheats | 141,741,259 | 126,000,000 | 15,741,259 |
Investment Income | 909,612 | 2,500,000 | (1,590,388) |
Miscellaneous | 179,820,357 | 171,300,000 | 8,520,357 |
Total Other Revenue | 1,268,294,631 | 1,248,500,000 | 19,794,631 |
Less Refunds of Payments | (60,336,138) | (74,200,000) | 13,863,862 |
Net Other Revenue | 1,207,958,493 | 1,174,300,000 | 33,658,493 |
OTHER SOURCES | |||
Federal Grants | 1,301,531,960 | 1,265,200,000 | 36,331,960 |
Transfer from the Tobacco Settlement Fund | 110,600,000 | 106,600,000 | 4,000,000 |
Transfer to/from the Resources of the General Fund | 67,253,406 | (33,500,000) | 100,753,406 |
Transfers to the Pequot/Mohegan Fund | (61,687,907) | (61,800,000) | 112,093 |
Total Other Sources | 1,417,697,459 | 1,276,500,000 | 141,197,459 |
Total Budgeted Revenue | $17,780,822,395 | $18,162,400,000 | $(381,577,605) |