Enacted Revenue Estimates

(RI Budget Office)

 

 

 

FY 1995

FY 1996

FY 1997

FY 1998

FY 1999

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Personal Income Tax

529,605,366

569,009,239

632,143,363

724,261,218

731,075,500

 

 

 

 

 

 

 

General Business Taxes

 

 

 

 

 

 

Business Corporations

60,704,138

63,149,264

67,768,029

71,541,900

65,617,000

 

Franchise

6,364,172

6,547,782

6,870,009

7,314,729

7,300,000

 

Public Utilities Gross Earnings

66,731,388

65,088,930

69,397,394

62,330,189

60,600,000

 

Financial Institutions

16,969,209

24,865,031

20,313,777

(1,157,614)

7,000,000

 

Insurance Companies

33,134,724

33,919,731

33,036,335

41,817,850

40,600,000

 

Bank Deposits

8,232,468

9,025,297

4,083,954

1,387,515

800,000

 

Health Care Provider Assessment

17,790,786

20,244,070

22,465,036

23,546,817

24,000,000

 

 

 

 

 

 

 

Sales and Use Taxes

 

 

 

 

 

 

Sales and Use

455,378,653

459,221,827

489,132,746

530,389,135

547,944,185

 

Motor Vehicle

35,718,335

36,375,376

36,698,217

40,328,576

40,500,000

 

Motor Fuel

5,705,626

5,930,119

4,701,991

4,947,942

500,000

 

Cigarettes

52,660,658

53,106,348

54,842,926

64,188,076

65,000,000

 

Alcohol

8,561,561

8,578,541

8,372,008

7,622,187

8,300,000

 

Controlled Substances

1,084

77

32

7

0

 

 

 

 

 

 

 

Other Taxes

 

 

 

 

 

 

Inheritance and Gift

11,669,639

9,427,932

12,074,862

31,524,415

15,000,000

 

Racing and Athletics

6,383,887

6,028,905

5,646,881

5,979,095

5,700,000

 

Realty Transfer

3,476,979

4,864,745

5,085,737

6,428,808

1,695,652

 

 

 

 

 

 

 

 

Total Taxes

1,319,088,673

1,375,383,214

1,472,633,297

1,622,450,845

1,621,632,337

 

 

 

 

 

 

 

Departmental Receipts

 

 

 

 

 

 

Licenses and Fees

112,837,324

108,638,178

103,988,853

101,455,524

102,247,254

 

Fines and Penalties

14,537,040

19,626,272

22,596,571

25,514,709

24,000,000

 

Sales and Services

38,493,348

28,392,918

37,983,878

30,422,087

30,000,000

 

Miscellaneous

15,576,664

19,326,633

22,673,497

31,896,427

32,967,240

 

Total Departmental Receipts

181,444,376

175,984,001

187,242,799

189,288,746

189,214,494

 

 

 

 

 

 

 

 

Taxes and Departmentals

1,500,533,050

1,551,367,215

1,659,876,096

1,811,739,591

1,810,846,831

 

 

 

 

 

 

 

Other Sources

 

 

 

 

 

 

Gas Tax Transfer

41,042,009

38,339,198

37,710,049

30,412,271

20,250,000

 

Other Miscellaneous

55,621,877

68,455,263

40,767,761

32,721,004

20,714,105

 

Lottery

71,795,039

90,375,486

100,032,238

114,616,253

112,700,000

 

Unclaimed Property

3,800,000

3,572,133

5,032,739

3,693,926

4,800,000

 

Other Sources

172,258,925

200,742,080

183,542,787

181,443,454

158,464,105

 

 

 

 

 

 

 

 

Total General Revenues

1,672,791,975

1,752,109,295

1,843,418,883

1,993,183,045

1,969,310,936