Governor Strickland's Proposed Framework to Balance FY 2011-11 Budget - DRAFT

Conference Committee Revenue Estimates

FY 2010FY 2011Beginning Fund Balance 387,047,30668,928,868Source

NON-AUTO SALES AND USE6,241,852,9366,382,305,874AUTO SALES AND USE793,400,000893,200,000PERSONAL INCOME TAX7,052,600,0007,130,300,000CORPORATE FRANCHISE TAX100,000,000125,000,000PUBLIC UTILITY EXCISE TAX180,000,000180,000,000KILOWATT HOURS EXCISE TAX206,252,936207,405,874FOREIGN INSUR COMPANIES TAX250,000,000250,000,000DOMESTIC INSUR FRANCHISE TAX182,000,000196,000,000INTANGIBLE TAXES24,000,00024,000,000CIGARETTE TAX823,000,000794,000,000ALCOHOLIC BEVERAGES TAX58,000,00058,000,000LIQUOR GALLONAGE TAX36,000,00036,000,000ESTATE TAXES61,500,00060,500,000BUSINESS LICENSES & FEES61,800,00062,000,000HEALTH AND HUMAN SERVICES6,341,476,9836,921,177,365IDEA/TITLE 100IV-E CHILD WELFARE STIMULAS - STATE5,637,4383,056,041FEDERAL STABILIZATION - EDUCATION697,457,939766,252,024FEDERAL STABILIZATION - OTHER GOVT SERVICES111,177,532214,488,988OTHER REIMBURSEMENTS303,000,000188,000,000EARNINGS-INVESTS/ISTV79,750,00087,500,000INTRAGOVERNMENTAL SERVICE/ISTV20,000,00020,000,000

TOTAL RECEIPTS23,628,905,76424,599,186,166

OPER TRANSFER IN-LIQUOR143,000,000136,300,000OPER TRANSFER IN-OTHER522,339,945396,339,945TEMPORARY TRANSFER IN911,361,491942,169,088TOTAL TRANSFERS IN

1,576,701,4361,474,809,033FY 2010 - TOTAL RESOURCES AVAILABLE25,592,654,50626,142,924,067

TOTAL DISBURSEMENTSAPPROPRIATIONS24,615,447,67625,966,943,596ESTIMATED LAPSES-144,400,000-818,015,132 OPER TRANSFER OUT-OTHER141,316,47148,070,295OPER TRANSFER OUT-BUD STAB FD00TEMPORARY TRANSFER OUT911,361,491942,169,088

TOTAL TRANSFERS OUT1,052,677,962990,239,383TOTAL USES OF FUNDS25,523,725,63826,139,167,847ENDING BALANCE68,928,8683,756,220.5% Requirement00NET ENDING BALANCE ABOVE .5%68,928,8683,756,220