BUDGET OF STATE GOVERNMENT
FISCAL YEAR 2003 (July 1, 2002 - June 30, 2003)
REVENUES - BUDGET SUMMARY
FY2003
Federal Funds | $5,186,000,000 | 23.1% |
Personal Income Tax | $5,072,000,000 | 22.6% |
Sales & Use Tax | $2,788,000,000 | 12.4% |
Other Revenues | $2,682,000,000 | 11.9% |
Transportation | $2,283,000,000 | 10.2% |
Higher Education | $2,083,000,000 | 9.3% |
State General Obligation Bonds | $731,000,000 | 3.3% |
Lottery | $504,000,000 | 2.2% |
Corporate Income Tax | $396,000,000 | 1.8% |
Reserve Fund Transfer | $249,000,000 | 1.1% |
Transfers | $85,000,000 | 0.4% |
General Funds Balance Used | $414,000,000 | 1.8% |
Total | $22,473,000,000 | (100%) |
Source: Department of Legislative Services, Fact Book 2002.
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