NOTE: The July 1, 1999, unappropriated balance of the transportation fund was $36,022,700. Therefore, the total amount available in the transportation fund for the 1999-01 biennium is estimated to be $2,567,378,200.
FIGURE 11
1999-01 Transportation Fund Appropriations
By Category
Percent
Category Amount of Total
Local Assistance $1,034,575,900 40.4%
Highway Programs 930,437,100 36.3
Debt Retirement* 208,071,100 8.1
Division of Motor Vehicles 151,513,700 5.9
Departmental Administration 98,976,900 3.9
Division of State Patrol 87,032,500 3.4
Other Agencies 34,286,500 1.3
Reserves 17,693,200 0.7
TOTAL $2,562,586,900 100.0%
*Includes debt service on revenue bonds, which is subtracted from vehicle registration revenues prior to deposit in the transportation fund.
NOTE: Lapses from the appropriations above are estimated to be $6,000,000 in 1999-01. Therefore, expenditures in the 1999-01 biennium are estimated to be $2,556,586,900.
TABLE 15
1999-01 Lottery Fund Condition Statement
1999-00 2000-01
Opening Balance $33,467,000 $8,437,200
Operating Revenues
Ticket Sales $421,776,400 $427,279,200
Retailer Fees and Miscellaneous 84,000 84,000
Gross Revenues $421,860,400 $427,363,200
Expenditures
Prizes $241,690,100 $244,368,500
Basic and Bonus Retailer Compensation 1 0 30,573,800
Vendor Payments 2 0 12,419,000
General Program Operations 3 0 0
Appropriation to DOJ - Lottery Enforcement 4 0 0
Appropriation to DOR -- Credit Administration 5 130,600 152,900
Appropriation to Counties and Cities--Credit Certification 6 892,500 0
Total Expenditures $242,713,200 $287,514,200
Net Proceeds $179,147,200 $139,849,000
Interest Earnings $3,730,000 $2,400,000
Gaming-Related Revenue 7 $4,688,300 $3,302,200
Total Available for Tax Relief 8 $221,032,500 $153,988,400
Appropriations for Property Tax Relief
Lottery and Gaming Credit9 $212,595,300 $130,441,100
Farmland Tax Relief Credit 10 0 15,000,000
Total Appropriations for Property Tax Relief $212,595,300 $145,441,100
Gross Closing Balance $8,437,200 $8,547,300
Reserve (2% of Gross Revenues) $8,437,200 $8,547,300
Net Closing Balance $0 $0
1 Under Act 9, $27,927,600 GPR is provided for this purpose in 1999-00.
2 Under Act 9, $12,178,700 GPR is provided for this purpose in 1999-00.
3 Under Act 9, $21,095,800 GPR is provided for this purpose in 1999-00. Funding in 2000-01 ($21,095,800) is not provided at this time.
4 Under Act 9, $226,000 GPR is provided for this purpose in 1999-00. Funding in 2000-01 ($226,700) is not provided at this time.
5 The SEG funding indicated was provided on September 16, 1999, under s. 13.10 of the statutes. In addition, $43,300 GPR is provided under Act 9 for this purpose in 1999-00.
6 Estimated amount based on 1999 Act 5 provisions.
7 Estimated amounts based on constitutional requirement and 1999 Act 5 provisions.
8 Opening balance, net proceeds, interest earnings and gaming-related revenue.
9 Restoration of lottery general program operations funding in 2000-01 ($21,095,800 SEG) and DOJ enforcement funding in 2000-01 ($226,700 SEG) would reduce the estimated lottery and gaming credit amount in 2000-01 to $109,118,600.
10 Under Act 9, $15,000,000 GPR is provided for this purpose in 1999-00.
FIGURE 12
1999-01 Lottery Fund Expenditures*
Percent
Amount of Total
Operating Expenditures ($530,227,400 ) (59.7%)
Prizes 486,058,600 54.7
Retailer Compensation 30,573,800 3.5
Vendor Payments 12,419,000 1.4
Appropriations to DOJ and DOR 1,176,000 0.1
