SPECIAL REVENUE FUNDS
SCHEDULE C-4
TRANSPORTATION FUND | SCHEDULE C-4 | ||
---|---|---|---|
STATEMENT OF ESTIMATED AND REALIZED REVENUE | |||
FISCAL YEAR ENDED JUNE 30, 2004 | |||
REALIZED REVENUE |
BUDGETED REVENUE |
REALIZED OVER(UNDER) BUDGETED |
|
TAXES | |||
Motor Fuels Tax | $464,472,236 | $466,100,000 | $(1,627,764) |
Sales Tax - DMV | 70,411,914 | 67,000,000 | 3,411,914 |
Oil Companies | 10,500,000 | 10,500,000 | - |
Totals | 545,384,150 | 543,600,000 | 1,784,150 |
Less Refunds | (10,095,525) | (8,200,000) | (1,895,525) |
Net Taxes | 535,288,625 | 535,400,000 | (111,375) |
OTHER REVENUE | |||
Motor Vehicle Receipts | 219,159,125 | 208,600,000 | 10,559,125 |
Licenses, Permits and Fees | 155,073,776 | 144,800,000 | 10,273,776 |
Interest Income | 24,524,415 | 27,000,000 | (2,475,585) |
Federal Grants - | 3,300,000 | (3,300,000) | |
Release from Debt Service Reserve | 3,729,644 | 3,700,000 | 29,644 |
Transfer to TSB Account | (22,849,979) | (10,000,000) | (12,849,979) |
Transfers to Other Funds | (8,500,000) | (8,500,000) | - |
Totals | 371,136,981 | 368,900,000 | 2,236,981 |
Less Refunds of Payments | (2,507,473) | (2,800,000) | 292,527 |
Net Other Revenue | 368,629,508 | 366,100,000 | 2,529,508 |
Total Budgeted Revenue | $903,918,133 | $901,500,000 | $2,418,133 |