| STATE OF CONNECTICUT GENERAL FUND | |||||
| STATEMENT OF ESTIMATED AND REALIZED REVENUE | |||||
| FOR THE NINE MONTHS ENDED MARCH 31, 2003 | Exhibit C | ||||
| (In Thousands) | |||||
| Increases | |||||
|---|---|---|---|---|---|
| Estimated | or | Revised | Realized | Unrealized | |
| Revenue | (Decreases) | Estimates | Revenue | Revenue | |
| TAXES | |||||
| Personal Income | $ 4,553,000 | $ (220,500) | $ 4,332,500 | $ 2,565,349 | $ 1,767,151 |
| Sales and Use | 3,141,300 | (78,900) | 3,062,400 | 1,837,109 | 1,225,291 |
| Corporations | 470,400 | 91,000 | 561,400 | 344,014 | 217,386 |
| Inheritance and Estate | 143,500 | 24,500 | 168,000 | 142,847 | 25,153 |
| Insurance Companies | 218,000 | 11,000 | 229,000 | 174,753 | 24,247 |
| Public Service Corporations | 172,900 | 13,100 | 186,000 | 69,069 | 116,931 |
| Cigarettes and Tobacco | 237,000 | 25,200 | 262,200 | 157,838 | 104,362 |
| Real Estate Conveyance | 111,000 | 24,500 | 135,500 | 98,554 | 36,946 |
| Oil Companies | 77,500 | 31,400 | 108,900 | 49,569 | 59,331 |
| Alcoholic Beverages | 42,000 | - | 42,000 | 25,144 | 16,856 |
| Admissions, Dues and Cabaret | 28,500 | 2,000 | 30,500 | 22,047 | 8,453 |
| Miscellaneous | 37,900 | (12,900) | 25,000 | 12,428 | 12,572 |
| Totals | 9,233,000 | (89,600) | 9,143,400 | 5,498,721 | 3,644,679 |
| Less Refunds of Taxes | (794,600) | (12,400) | (807,000) | (510,860) | (296,140) |
| Less R & D Credit Exchange | (14,000) | - | (14,000) | (9,265) | (4,735) |
| Net Taxes | 8,424,400 | (102,000) | 8,322,400 | 4,978,596 | 3,343,804 |
| OTHER REVENUE | |||||
| Transfers - Special Revenue | 273,000 | (4,100) | 268,900 | 189,822 | 79,078 |
| Indian Gaming Payments | 399,000 | (11,500) | 387,500 | 252,422 | 135,078 |
| Licenses, Permits and Fees | 128,500 | 300 | 128,800 | 80,296 | 48,504 |
| Sales of Commodities and Services | 31,000 | 1,100 | 32,100 | 24,105 | 7,995 |
| Rents, Fines and Escheats | 88,400 | (15,200) | 73,200 | 23,061 | 50,139 |
| Investment Income | 28,000 | (18,400) | 9,600 | 6,126 | 3,474 |
| Miscellaneous | 121,000 | 59,700 | 180,700 | 75,547 | 105,153 |
| Total Other Revenue | 1,068,900 | 11,900 | 1,080,800 | 651,379 | 429,421 |
| Less Refunds of Payments | (500) | - | (500) | (332) | (168) |
| Net Other Revenue | 1,068,400 | 11,900 | 1,080,300 | 651,047 | 429,253 |
| OTHER SOURCES | |||||
| Federal Grants | 2,303,200 | 12,000 | 2,315,200 | 1,747,493 | 567,707 |
| Transfer to the Resources of the General Fund | 284,100 | 74,500 | 358,600 | 266,461 | 92,139 |
| Transfer from the Tobacco Settlement Fund | 133,000 | (1,700) | 131,300 | 39,830 | 91,470 |
| Transfers to Pequot Mohegan Fund | (121,200) | 28,200 | (93,000) | (42,480) | (50,520) |
| Total Other Sources | 2,599,100 | 113,000 | 2,712,100 | 2,011,304 | 700,796 |
| Total Budgeted Revenue | 12,091,900 | 22,900 | 12,114,800 | 7,640,947 | 4,473,853 |
| Restricted Federal and Other Revenue-Net of Inter-Agency Transfers | 796,822 | 958,398 | 1,755,220 | 888,607 | 866,613 |
| Totals | $ 12,888,722 | $981,298 | $13,870,020 | $8,529,554 | $ 5,340,466 |
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