| STATE OF CONNECTICUT GENERAL FUND | |||||
| STATEMENT OF ESTIMATED AND REALIZED REVENUE | |||||
| FOR THE FIVE MONTHS ENDED NOVEMBER 30, 2002 | Exhibit C | ||||
| (In Thousands) | |||||
| Increases | |||||
|---|---|---|---|---|---|
| Estimated | or | Revised | Realized | Unrealized | |
| Revenue | (Decreases) | Estimates | Revenue | Revenue | |
| TAXES | |||||
| Personal Income | $ 4,553,000 | $ (324,000) | $ 4,229,000 | $ 1,099,915 | $ 3,129,085 |
| Sales and Use | 3,141,300 | (48,900) | 3,092,400 | 812,472 | 2,279,928 |
| Corporations | 470,400 | 38,400 | 508,800 | 127,269 | 381,531 |
| Inheritance and Estate | 143,500 | 16,500 | 160,000 | 88,517 | 71,483 |
| Insurance Companies | 218,000 | 6,800 | 224,800 | 42,766 | 182,034 |
| Public Service Corporations | 172,900 | (2,100) | 170,800 | 33,647 | 137,153 |
| Cigarettes and Tobacco | 237,000 | 4,500 | 241,500 | 84,987 | 156,513 |
| Real Estate Conveyance | 111,000 | 7,700 | 118,700 | 60,820 | 57,880 |
| Oil Companies | 77,500 | 8,900 | 86,400 | 32,478 | 53,922 |
| Alcoholic Beverages | 42,000 | - | 42,000 | 10,439 | 31,561 |
| Admissions, Dues and Cabaret | 28,500 | 500 | 29,000 | 10,327 | 18,673 |
| Miscellaneous | 37,900 | (9,000) | 28,900 | 3,380 | 25,520 |
| Totals | 9,233,000 | (300,700) | 8,932,300 | 2,407,017 | 6,525,283 |
| Less Refunds of Taxes | (794,600) | 7,600 | (787,000) | (182,219) | (604,781) |
| Less R & D Credit Exchange | (14,000) | - | (14,000) | (4,914) | (9,086) |
| Net Taxes | 8,424,400 | (293,100) | 8,131,300 | 2,219,884 | 5,911,416 |
| OTHER REVENUE | |||||
| Transfers - Special Revenue | 273,000 | (4,100) | 268,900 | 92,381 | 176,519 |
| Indian Gaming Payments | 399,000 | (2,300) | 396,700 | 134,120 | 262,580 |
| Licenses, Permits and Fees | 128,500 | 300 | 128,800 | 37,048 | 91,752 |
| Sales of Commodities and Services | 31,000 | (100) | 30,900 | 13,230 | 17,670 |
| Rents, Fines and Escheats | 88,400 | (5,200) | 83,200 | 8,791 | 74,409 |
| Investment Income | 28,000 | (14,400) | 13,600 | 4,341 | 9,259 |
| Miscellaneous | 121,000 | (6,300) | 114,700 | 54,050 | 60,650 |
| Total Other Revenue | 1,068,900 | (32,100) | 1,036,800 | 343,961 | 692,839 |
| Less Refunds of Payments | (500) | - | (500) | (141) | (359) |
| Net Other Revenue | 1,068,400 | (32,100) | 1,036,300 | 343,820 | 692,480 |
| OTHER SOURCES | |||||
| Federal Grants | 2,303,200 | 66,200 | 2,369,400 | 996,109 | 1,373,291 |
| Transfer to the Resources of the General Fund | 284,100 | 3,000 | 287,100 | 179,961 | 107,139 |
| Transfer from the Tobacco Settlement Fund | 133,000 | - | 133,000 | 7,097 | 125,903 |
| Transfers to Pequot Mohegan Fund | (121,200) | 6,700 | (114,500) | - | (114,500) |
| Total Other Sources | 2,599,100 | 75,900 | 2,675,000 | 1,183,167 | 1,491,833 |
| Total Budgeted Revenue | 12,091,900 | (249,300) | 11,842,600 | 3,746,871 | 8,095,729 |
| Restricted Federal and Other Revenue- | |||||
| Net of Inter-Agency Transfers | 796,822 | 723,750 | 1,520,572 | 444,908 | 1,075,664 |
| Totals | $ 12,888,722 | $ 474,450 | $13,363,172 | $4,191,779 | $ 9,171,393 |
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