Change to Base 1,467.31 1,594.69 1,702.95 1,794.94 1,747.95 1,725.20
Change to Governor 127.38 235.64 327.63 280.64 257.89
Change to Jt. Finance 108.26 200.25 153.26 130.51
Change to Assembly 91.99 45.00 22.25
Change to Senate -46.99 -69.74
Change to Legislature -22.75
TABLE 7
1999-01 General Fund Condition Statement
Acts 9 and 10
1999-00 2000-01
Revenues
Opening Balance, July 1 $701,293,000 * $550,993,800
Estimated Taxes 10,648,005,100 10,327,091,100
Departmental Revenues
Tobacco Settlement 185,031,900 148,984,800
Other 252,555,800 182,585,200
Transfer from Computer Escrow Fund 64,000,000 0
Total Available $11,850,885,800 $11,209,654,900
Appropriations, Transfers and Reserves
Gross Appropriations $11,315,683,700 $11,060,523,900
Compensation Reserves 56,100,000 117,750,000
1999 Act 4 500,000 0
Transfer to Tobacco Control Fund 23,500,000 0
Less Estimated Lapses -95,891,700 -118,987,100
Total Expenditures $11,299,892,000 $11,059,286,800
Balances
Gross Balance $550,993,800 $150,368,100
Less Required Statutory Balance -113,717,800 -134,139,300
Net Balance, June 30 $437,276,000 $16,228,800
*Reflects balance taken from the Annual Fiscal Report for 1998-99 dated October 15, 1999. Enrolled AB 133 assumed an opening balance of $714,970,000.
TABLE 8
Estimated 1999-01 General Fund Taxes
% of
Tax Source 1999-00 2000-01 Total Total
Individual Income $5,795,065,000 $5,343,763,400 $11,138,828,400 53.1%
Sales and Use 3,443,143,500 3,623,801,900 7,066,945,400 33.7
Corporate Income
and Franchise 645,703,200 639,562,400 1,285,265,600 6.1
Public Utility 244,105,000 219,950,000 464,055,000 2.2
Excise
Cigarette 238,000,000 233,000,000 471,000,000 2.3
Liquor and Wine 33,000,000 33,500,000 66,500,000 0.3
Beer ,300,000 9,300,000 18,600,000 0.1
Tobacco Products 9,575,000 9,600,000 19,175,000 0.1
Insurance Company 84,000,000 86,000,000 170,000,000 0.8
Estate 90,000,000 70,000,000 160,000,000 0.8
Miscellaneous 56,113,400 58,613,400 114,726,800 0.5
TOTAL $10,648,005,100 $10,327,091,100 $20,975,096,200 100.0%
TABLE 9
Estimated 1999-01 Departmental Revenues
(GPR-Earned Amounts)
1999-00 2000-01 1999-01
