Monthly Revenue Report

Final, Year-end, FY1998-99
1   2 3   4   5 6   7  
FY1998 FY1998 FY1999 FY1999 FY 1998 FY1999   FY 1999 FY 1999 FY 1999 Net Collections
  ACTUAL EXECUTIVE LEGISLATURE LEGISLATURE YEAR-TO- YEAR-TO-   CURRENT LEGISLATIVE LEGISLATIVE EXCESS  
MAJOR TAX SOURCES NET ESTIMATE ADOPTED ADOPTED DATE DATE   GROWTH GROWTH ESTIMATE * (DEFICIT) *  
(In Millions of Dollars) REVENUES   2/16/98 2/16/99   7/9/99 Year-to-date 2/16/99   Almost Final  
            Col 4 / Col 1 Col 3 / Col 1 (Million $) Col 4 - Col 3  
SALES AND USE TAXES 1,251.77   1,301.30 1,310.00   1,316.40 5.2% 4.7%   $6.40  
INDIVIDUAL INCOME TAX 1,377.59   1,477.52 1,458.36   1,464.02 6.3% 5.9%   $5.66
CORPORATE FRANCHISE TAX 189.00   190.08 188.84   184.13   -2.6% -0.1%   ($4.71)
BEER, CIGARETTE & TOBACCO 53.22   60.00 60.00   60.05 12.8% 12.7%   $0.05  
INSURANCE PREMIUM TAXES 44.57   46.00 47.00   47.72   7.1% 5.5%   $0.72  
SEVERANCE TAXES 23.01   23.20 13.00   13.05 -43.3% -43.5%   $0.05  
GENERAL & USF FUNDS 2,939.15   3,098.10 3,077.20   3,085.37   5.0% 5.4%   $8.17  
                     
MOTOR FUEL TAX 217.68   227.50 221.50   225.19 3.5% 1.8%   $3.69  
SPECIAL FUEL TAX 72.40   69.50 75.00   73.20 1.1% 3.6%   ($1.80)  
TRANSPORTATION FUND 290.08   297.00 296.50   298.39   2.9% 2.2%   $1.89  
                         
                         
                         
                         
                         
                         


Last Updated on 11/5/99
By -Doug Macdonald
Email: dmacdonald@utah.gov