State of Connecticut Comprehensive Annual Financial Report Fiscal Year Ended June 30, 1998 - Notes to the Financial Statements - Note 17

State of Connecticut

Major Revenue Sources - General Fund
Last Ten Fiscal Years
(Millions)
SALES % OF PERSONAL % OF CORP-
ORA-
TION
% OF CAPITAL % OF
FISCAL
USE
TOTAL IN-
COME
TOTAL TOTAL GAINS TOTAL
YEAR TAX REVE-
NUE
TAX REVE-
NUE
TAX REVE-
NUE
TAX REVE-
NUE
1989 2,097.5 38.1% - - 870.0 15.8% 508.7 9.2%
1990 2,479.0 40.6% - - 794.1 13.0% 624.7 10.2%
1991 2,417.8 41.6% - - 669.0 11.5% 520.5 8.9%
1992 2,080.2 28.2% 1,976.6 26.7% 641.4 8.7% - -
1993 2,056.2 27.2% 2,392.0 31.6% 715.2 9.4% - -
1994 2,181.4 27.6% 2,517.7 31.8% 703.5 8.9% - -
1995 2,368.1 27.9% 2,589.9 30.6% 724.7 8.6% - -
1996 2,460.1 27.0% 2,879.4 31.6% 748.1 8.2% - -
1997 2,611.5 27.3% 3,110.9 32.5% 677.9 7.1% - -
1998 2,772.1 27.3% 3,596.2 35.5% 663.7 6.5% - -
NOTES: Effective in 1992, the Capital Gains Tax became an integral part of the newly implemented Personal Income Tax. Gross Revenues Including Statutory Accruals.
SOURCE: Annual Report of the State Comptroller (Schedule B-2)

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