Purpose Amount % of Total
Local Assistance $13,075,758,300 60.6%
State Operations 5,037,388,600 23.3
Aids to Individuals and Organizations 3,483,594,900 16.1
TOTAL $21,596,741,800 100.0%
TABLE 11
Budget Comparisons
All Funds
1998-99
Adjusted Base 1999-00 2000-01
$19,288,048,300 $20,204,709,900 $20,955,869,000
Annual Increase
Amount $916,661,600 $751,159,100
Percent 4.8% 3.7%
Change Over
1998-99 Base Base Year Doubled
Year Doubled 1999-01 Amount %
$38,576,096,600 $41,160,578,900 $2,584,482,300 6.7%
General Purpose Revenue
1998-99
Adjusted Base 1999-00 2000-01
$10,101,063,400 $10,553,830,600 $11,042,911,200
Annual Increase
Amount $452,767,200 $489,080,600
Percent 4.5% 4.6%
Change Over
1998-99 Base Base Year Doubled
Year Doubled 1999-01 Amount %
$20,202,126,800 $21,596,741,800 $1,394,615,000 6.9%
GENERAL FUND TAXES
1. GENERAL FUND TAX CHANGES
Governor: The following table outlines the general fund tax changes recommended by the Governor, along with the estimated fiscal effect in each year of the 1999-01 biennium. The items relating to the integrated tax system, nexus investigations and temporary events are summarized under "Revenue -- Tax Administration." [It should be noted that the fiscal effect of decreasing the utility tax rate on car line companies was not included in the tax revenue estimates that appear in the bill.]
1999-01 General Fund Tax Changes
(In Millions)
1999-01
1999-00 2000-01 Biennium
Individual Income
Income Tax Modifications $0.00 -$289.00 -$289.00
Corporate Income and Franchise
Single Sales Factor Apportionment -24.60 -50.00 -74.60
Combined Reporting 23.10 47.00 70.10
Nexus Investigations 0.10 0.21 0.31
General Sales and Use
Integrated Tax System 0.00 4.78 4.78
Timeshare Property 1.20 1.44 2.64
Late Filing Fee 1.13 1.40 2.53
Nexus Investigations 0.00 1.00 1.00
Temporary Events 0.35 0.69 1.04
