| GENERAL FUND |
|
|
| BUDGETED UNDEDICATED REVENUE |
|
|
| FOR FY 2005-06
AND FY 2006-07 |
|
|
|
|
|
|
|
|
|
| % of |
|
|
|
|
|
|
| BIENNIAL |
|
|
|
|
|
|
| TOTAL |
SOURCE |
2005-06 |
|
2006-07 |
|
|
|
|
|
|
|
|
|
| 32.50% |
SALES & USE TAX (1) |
$930,641,080 |
|
$974,740,367 |
|
|
| 1.63% |
SERVICE PROVIDER TAX (1) |
$46,494,165 |
|
$48,911,765 |
|
|
| 47.82% |
INDIVIDUAL INCOME TAX (1) (2) |
1,344,100,000
|
|
1,459,393,871
|
|
|
| -3.88% |
IND. INCOME TAX - TAX PROGRAM TRANSFERS (1) (2) |
(115,792,155) |
|
(111,957,729) |
|
|
| 5.92% |
CORPORATE INCOME TAX (1) |
175,150,000 |
|
172,038,386 |
|
|
| -4.28% |
TRANSFER FOR REVENUE SHARING (1) |
(121,410,248) |
|
(129,699,458) |
|
|
| 5.29% |
CIGARETTE AND TOBACCO TAXES |
151,738,325 |
|
158,502,981 |
|
|
| 0.65% |
PUBLIC UTILITIES TAXES |
21,440,000 |
|
16,891,746 |
|
|
| 2.53% |
INSURANCE COMPANY TAX |
72,141,931 |
|
76,336,389 |
|
|
| 2.14% |
ESTATE TAX |
70,099,322 |
|
55,465,498 |
|
|
| 0.39% |
PROPERTY TAX - UNORGANIZED TERRITORY |
11,278,476 |
|
11,597,312 |
|
|
| 0.14% |
INCOME FROM INVESTMENTS |
6,563,582 |
|
1,517,319 |
|
|
| 1.72% |
TRANSFER FROM LOTTERY COMMISSION |
50,334,250 |
|
50,334,250 |
|
|
|
|
|
|
|
|
|
|
OTHER REVENUE: |
|
|
|
|
|
| 0.72% |
IF&W REVENUE |
21,187,395 |
|
20,764,533 |
|
|
| 6.72% |
OTHER (Jud. fines, Harness Racing, etc.) |
193,771,981
|
|
200,070,344
|
|
|
| 7.44% |
SUBTOTAL - OTHER REVENUE |
214,959,376 |
|
220,834,877 |
|
|
| |
|
|
|
|
|
|
| 100.00% |
TOTALS |
|
|
$3,004,907,574
|
|
|
|
|
|
|
|
|
|
|
|
$5,862,645,678
|
|
|
| Notes: |
|
|
|
|
|
|
|
|
|
|
|
|
|
| (1) TRANSFERS FOR REVENUE SHARING AND TAX PROGRAMS - GROSS AND
NET COLLECTIONS |
|
|
|
|
| |
|
|
|
|
|
|
| % of |
|
|
|
|
|
|
| BIENNIAL |
SOURCE |
2005-06 |
|
2006-07 |
|
|
| TOTAL |
|
|
|
|
|
|
| |
SALES & USE TAX - GROSS COLLECTIONS |
$930,641,080 |
|
$974,740,367 |
|
|
| |
TRANSFER FOR REVENUE SHARING |
($47,462,694) |
|
($49,711,758) |
|
|
| 30.84% |
SALES & USE TAX - NET COLLECTIONS |
$883,178,386
|
|
$925,028,609
|
|
|
| |
|
|
|
|
|
|
| |
SERVICE PROVIDER TAX - GROSS COLLECTIONS |
$46,494,165 |
|
$48,911,765 |
|
|
| |
TRANSFER FOR REVENUE SHARING |
($2,371,202) |
|
($2,494,500) |
|
|
| 1.54% |
SERVICE PROVIDER TAX - NET COLLECTIONS |
$44,122,963
|
|
$46,417,265
|
|
|
| |
|
|
|
|
|
|
| |
INDIVIDUAL INCOME TAX - GROSS COLLECTIONS |
$1,344,100,000
|
|
$1,459,393,871
|
|
|
| |
IND. INCOME TAX - TAX PROGRAM TRANSFERS (2) |
($115,792,155) |
|
($111,957,729) |
|
|
| |
TRANSFER FOR REVENUE SHARING |
($62,643,701) |
|
($68,719,243) |
|
|
| 41.69% |
INDIVIDUAL INCOME TAX - NET COLLECTIONS |
$1,165,664,144
|
|
$1,278,716,899
|
|
|
| |
|
|
|
|
|
|
| |
CORPORATE INCOME TAX - GROSS COLLECTIONS |
$175,150,000 |
|
$172,038,386 |
|
|
| |
TRANSFER FOR REVENUE SHARING |
($8,932,651) |
|
($8,773,957) |
|
|
| 5.62% |
CORPORATE INCOME TAX - NET COLLECTIONS |
$166,217,349
|
|
$163,264,429
|
|
|
| |
|
|
|
|
|
|
| |
TOTAL TRANSFERS FOR REVENUE SHARING @ 5.1% |
$121,410,248
|
|
$129,699,458
|
|
|
| |
|
|
|
|
|
|
| (2) TRANSFERS FOR TAX REIMBURSEMENT PROGRAMS - GROSS |
|
|
|
|
|
| |
Maine Residents Property Tax Program (a.k.a. Circuit
Breaker) |
($44,328,964) |
|
($44,957,021) |
|
|
| |
Business Equipment Tax Reimbursement (BETR) Program |
($71,463,191) |
|
($67,000,708) |
|
|
| |
Total Tax
Reimbursement Program Transfers |
($115,792,155) |
|
($111,957,729) |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Represents
Final Budgeted Amounts |
|
|
| Amounts may not
add to 100% due to rounding |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|