TC 23 Monthly Revenue Report

Final FY1997-98, September 1998
Footnotes are integral 1   2 3   4   5 6   7  
to this report FY1997 FY1998 FY1998 FY1998 FY 1997 FY1998   FY 1998 FY 1998   Net Collections
  ACTUAL EXECUTIVE LEGISLATURE LEGISLATURE YEAR-TO- YEAR-TO-   CURRENT LEGISLATURE   EXCESS  
MAJOR TAX SOURCES NET ESTIMATE ADOPTED ADOPTED DATE DATE   GROWTH ADOPTED   (DEFICIT) *  
(In Millions of Dollars) REVENUES   2/15/97 2/16/98   7/8/98 2/16/98   (Million $)  
            Col 4 / Col 1 Col 3 / Col 1   Col.4 - Col.3  
SALES AND USE TAXES 1,252.13   1,279.03 1,249.90   1,251.77 ** 0.0% -0.2% $1.87  
INDIVIDUAL INCOME TAX 1,237.52   1,323.38 1,345.52   1,377.59 11.3% 8.7% $32.07  
CORPORATE FRANCHISE TAX 182.91   178.71 188.08   188.99   3.3% 2.8%   $0.91
BEER, CIGARETTE & TOBACCO 41.19   61.00 56.00   53.22 t 29.2% 36.0%   ($2.78)  
INSURANCE PREMIUM TAXES 43.67   43.00 42.50   44.57   2.0% -2.7%   $2.07  
SEVERANCE TAXES 23.78   19.00 24.00   23.01 -3.2% 0.9%   ($0.99)  
GENERAL & USF FUNDS 2,781.20   2,904.12 2,906.00   2,939.14   5.7% 4.5%   $33.14  
                     
MOTOR FUEL TAX 168.41   224.65 220.10   217.68 t 29.3% 30.7%   ($2.42)  
SPECIAL FUEL TAX 46.22   73.30 67.60   72.40 t 56.6% 46.3%   $4.80  
TRANSPORTATION FUND 214.63   297.95 287.70   290.08   35.2% 34.0%   $2.38  
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         


Last Updated on 9/25/98
By -Doug Macdonald
Email: dmacdonald@utah.gov