| STATE OF CONNECTICUT GENERAL FUND | |||||
| STATEMENT OF ESTIMATED AND REALIZED REVENUE | |||||
| FOR THE ELEVEN MONTHS ENDED MAY 31, 2003 | Exhibit C | ||||
| (In Thousands) | |||||
| Increases | |||||
|---|---|---|---|---|---|
| Estimated | or | Revised | Realized | Unrealized | |
| Revenue | (Decreases) | Estimates | Revenue | Revenue | |
| TAXES | |||||
| Personal Income | $ 4,553,000 | $ (266,000) | $ 4,287,000 | $ 3,536,602 | $ 750,398 |
| Sales and Use | 3,141,300 | (97,900) | 3,043,400 | 2,295,702 | 747,698 |
| Corporations | 470,400 | 46,000 | 516,400 | 407,940 | 108,460 |
| Inheritance and Estate | 143,500 | 28,500 | 172,000 | 163,198 | 8,802 |
| Insurance Companies | 218,000 | 20,300 | 238,300 | 179,245 | 59,055 |
| Public Service Corporations | 172,900 | 24,400 | 197,300 | 154,597 | 42,703 |
| Cigarettes and Tobacco | 237,000 | 25,200 | 262,200 | 214,211 | 47,989 |
| Real Estate Conveyance | 111,000 | 26,000 | 137,000 | 117,657 | 19,343 |
| Oil Companies | 77,500 | 38,500 | 116,000 | 85,984 | 30,016 |
| Alcoholic Beverages | 42,000 | - | 42,000 | 31,725 | 10,275 |
| Admissions, Dues and Cabaret | 28,500 | 2,500 | 31,000 | 27,782 | 3,218 |
| Miscellaneous | 37,900 | (4,600) | 33,300 | 32,898 | 402 |
| Totals | 9,233,000 | (157,100) | 9,075,900 | 7,247,541 | 1,828,359 |
| Less Refunds of Taxes | (794,600) | (17,400) | (812,000) | (772,177) | (39,823) |
| Less R & D Credit Exchange | (14,000) | 2,700 | (11,300) | (10,848) | (452) |
| Net Taxes | 8,424,400 | (171,800) | 8,252,600 | 6,464,516 | 1,788,084 |
| OTHER REVENUE | |||||
| Transfers - Special Revenue | 273,000 | (8,100) | 264,900 | 237,505 | 27,395 |
| Indian Gaming Payments | 399,000 | (11,500) | 387,500 | 317,919 | 69,581 |
| Licenses, Permits and Fees | 128,500 | (1,700) | 126,800 | 101,730 | 25,070 |
| Sales of Commodities and Services | 31,000 | 2,100 | 33,100 | 29,509 | 3,591 |
| Rents, Fines and Escheats | 88,400 | (11,200) | 77,200 | 76,500 | 700 |
| Investment Income | 28,000 | (19,900) | 8,100 | 7,129 | 971 |
| Miscellaneous | 121,000 | 60,300 | 181,300 | 174,431 | 6,869 |
| Total Other Revenue | 1,068,900 | 10,000 | 1,078,900 | 944,723 | 134,177 |
| Less Refunds of Payments | (500) | - | (500) | (387) | (113) |
| Net Other Revenue | 1,068,400 | 10,000 | 1,078,400 | 944,336 | 134,064 |
| OTHER SOURCES | |||||
| Federal Grants | 2,303,200 | 9,600 | 2,312,800 | 2,123,403 | 189,397 |
| Transfer to the Resources of the General Fund | 284,100 | 73,500 | 357,600 | 351,461 | 6,139 |
| Transfer from the Tobacco Settlement Fund | 133,000 | 1,700 | 134,700 | 39,830 | 94,870 |
| 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 | 2,472,214 | 239,886 |
| Total Budgeted Revenue | 12,091,900 | (48,800) | 12,043,100 | 9,881,066 | 2,162,034 |
| Restricted Federal and Other Revenue- | |||||
| Net of Inter-Agency Transfers | 796,822 | 1,177,869 | 1,974,691 | 1,150,029 | 824,662 |
| Totals | $ 12,888,722 | $1,129,069 | $14,017,791 | $ 11,031,095 | $ 2,986,696 |
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