Monthly Letter to the Governor - STATE OF CONNECTICUT GENERAL FUND STATEMENT OF ESTIMATED AND REALIZED REVENUE FOR THE FISCAL YEAR ENDED JUNE 30, 1998 - Exhibit C
TENTATIVE REPORT - SUBJECT TO ACCRUALS AND ADJUSTMENTS
STATE OF CONNECTICUT GENERAL FUND
STATEMENT OF ESTIMATED AND REALIZED REVENUE
FOR THE FISCAL YEAR ENDED JUNE 30, 1998Exhibit C
(In Thousands)
Increases
EstimatedorRevisedRealizedUnrealized
Revenue(Decreases)EstimatesRevenueRevenue
TAXES
Personal Income $ 3,135,100 $ 454,900 $ 3,590,000 $ 3,399,022 $ 190,978
Sales and Use 2,694,500 80,500 2,775,000 2,453,047 321,953
Corporations 626,100 33,900 660,000 634,539 25,461
Inheritance and Estate 193,500 85,700 279,200 279,236 (36)
Insurance Companies 179,600 13,200 192,800 192,756 44
Public Service Corporations 175,000 (4,400) 170,600 137,366 33,234
Hospital Gross Receipts 151,800 (11,200) 140,600 107,346 33,254
Cigarettes and Tobacco 121,900 4,800 126,700 119,202 7,498
Oil Companies 75,200 (10,400) 64,800 49,943 14,857
Real Estate Conveyance 72,100 21,500 93,600 93,596 4
Alcoholic Beverages 39,400 - 39,400 36,186 3,214
Admissions, Dues and Cabaret 24,400 600 25,000 24,955 45
Miscellaneous 25,200 2,800 28,000 28,044 (44)
Totals 7,513,800 671,900 8,185,700 7,555,238 630,462
Less Refunds (698,000) 117,200 (580,800) (580,830) 30
Net Taxes 6,815,800 789,100 7,604,900 6,974,408 630,492
OTHER REVENUE
Transfers - Special Revenue 264,400 6,000 270,400 262,781 7,619
Indian Gaming Payments 230,000 27,600 257,600 234,747 22,853
Licenses, Permits and Fees 110,700 11,800 122,500 118,209 4,291
Sales of Commodities and Services 40,000 (10,500) 29,500 29,471 29
Rents, Fines and Escheats 32,000 5,100 37,100 37,096 4
Investment Income 37,000 13,700 50,700 49,239 1,461
Miscellaneous 109,000 11,300 120,300 119,431 869
Total Other Revenue 823,100 65,000 888,100 850,974 37,126
OTHER SOURCES
Federal Grants 1,883,500 (58,900) 1,824,600 1,824,605 (5)
Statutory Transfers to Other Funds (180,000) - (180,000) (180,000) -
Total Other Sources 1,703,500 (58,900) 1,644,600 1,644,605 (5)
Total Budgeted Revenue 9,342,400 795,200 10,137,600 9,469,987 667,613
Restricted Federal and Other Revenue-
Net of Inter-Agency Transfers 403,198 880,503 1,283,701 788,450 495,251
Totals $9,745,598 $1,675,703 $ 11,421,301 $ 10,258,437 $1,162,864

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