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State - Budget
Summary of State Revenues by Fund, Tax Type and Account for Fiscal Years 2007 through 2012

Summary of State Revenues by Fund, Tax Type and Account for Fiscal Years 2007 through 2012.

 

Prepared by  Robert Young, ryoung0@snet.net, Secretary of the Federation of Connecticut Taxpayer Organizations.

 

STATE REVENUES

FY 2007-2008

FY 2008-2009

FY 2009-2010

FY 2010-2011

FY 2011-2012

Personal Income Tax

7,512,688,284

6,385,856,437

6,586,098,745

7,246,431,257

8,310,820,450

Sales and Use Tax

3,582,316,852

3,318,752,207

3,203,987,561

3,353,230,300

3,830,116,804

Electric Generation

0

0

0

 

69,532,719

Corporate Tax

733,941,984

615,920,501

667,132,486

794,472,509

716,521,891

Public Service Corp. Tax

237,112,562

268,494,765

267,945,828

269,805,902

250,396,580

Inheritance & Estate Tax

170,618,814

238,336,664

177,600,970

237,573,241

191,699,581

Insurance Co. Tax

227,220,954

202,217,264

226,549,565

220,625,695

237,608,648

Cigarette Tax

335,196,665

317,774,453

387,435,034

499,415,134

421,004,824

Real Estate Tax

158,544,197

90,802,186

100,267,099

94,822,047

107,530,821

Petroleum Co. Tax

333,283,240

246,313,157

264,917,723

334,462,843

372,966,634

Alcoholic Beverage Tax

47,077,475

47,064,448

48,196,427

48,922,851

60,595,455

Amusement Tax

37,276,886

36,040,020

34,379,169

34,455,618

34,398,531

Miscellaneous Tax

139,979,799

143,304,958

138,999,907

140,505,449

536,809,665

Refund of Tax

-859,183,335

-1,058,371,073

-1,068,748,229

-962,822,962

-1,105,171,071

R & D Credit Exchange

-11,362,507

-8,428,079

-8,936,648

-8,598,487

-87,108,122

Transfer Special Revenue

287,603,607

287,195,243

289,313,774

293,107,879

313,756,643

Casino Gaming Payments

411,409,920

377,804,963

384,247,532

359,581,533

344,645,419

Licenses, Permits & Fees

323,434,156

305,128,457

389,364,403

385,895,265

419,988,634

Sales Commodities & Services

30,066,553

32,535,999

33,694,170

35,505,586

35,004,915

Rents, Fines & Escheats

59,117,352

63,760,344

252,960,611

157,771,166

123,498,056

Investment Income

100,498,044

34,388,995

10,743,532

5,535,251

3,172,408

Miscellaneous Revenue

139,381,059

164,987,569

154,313,182

178,727,489

199,280,334

Refund of Payments

-3,220,301

-3,096,151

-4,094,725

-4,879,446

-4,810,343

Federal Grants

2,698,396,710

3,622,963,146

4,047,622,239

4,244,537,539

3,607,458,837

Transfers from Others

115,300,000

115,800,000

102,898,482

116,015,139

96,100,000

Transfers to Others

-92,800,000

-92,800,000

-68,300,000

-68,300,000

-68,300,000

Unknown

812,102

5,146

2,928,071

0

72,485

Motor Fuels Tax

492,122,768

492,024,644

503,635,414

483,526,139

492,794,802

Motor Vehicle Receipts

225,524,482

220,780,734

220,703,127

220,144,426

235,446,219

Motor Vehicle Sales Tax

64,863,384

57,133,714

67,784,155

71,942,605

69,611,485

Grand Total Revenue $$$$

17,497,221,706

16,522,690,713

17,413,639,605

18,782,411,970

19,815,443,305

 

 

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