| TABLE 3 | |||||||||||
| DEPARTMENT OF THE TREASURY | |||||||||||
| OFFICE OF ECONOMIC AND FINANCIAL AFFAIRS | |||||||||||
| GENERAL FUND NET REVENUE ESTIMATE FOR FISCAL YEAR 2000 | |||||||||||
| (IN MILLION OF DOLLARS - FISCAL YEARS) | |||||||||||
REVENUES |
REVISED | PROPOSED | |||||||||
| ITEMS | FISCAL YEAR | ESTIMATE | ESTIMATE | DIFFERENCE | |||||||
1998 |
1999 |
2000 |
2000-1999 |
||||||||
| TOTAL | 5,902.5 | 6,356.0 | 6,787.0 | 431.0 | |||||||
| FROM INTERNAL REVENUES | 5,630.0 | 6,094.0 | 6,518.0 | 424.0 | |||||||
| TAX REVENUES | 5,358.8 | 5,814.0 | 6,220.0 | 406.0 | |||||||
| PROPERTY TAXES | 5.7 | 0.0 | 0.0 | 0.0 | |||||||
| INCOME TAXES, TOTAL | 3,972.8 | 4,293.0 | 4,558.0 | 265.0 | |||||||
| INDIVIDUALS | 2,026.6 | 2,206.0 | 2,353.0 | 147.0 | |||||||
| CORPORATIONS | 1,527.4 | 1,563.0 | 1,683.0 | 120.0 | |||||||
| PARTNERSHIPS | 4.4 | 3.0 | 3.0 | 0.0 | |||||||
| WITHHOLDING NONRESIDENTS | 192.4 | 308.0 | 313.0 | 5.0 | |||||||
| TOLLGATE TAX (REGULAR) | 65.3 | 63.0 | 57.0 | (6.0) | |||||||
| TOLLGATE TAX PREPAYMENT) | 105.7 | 96.0 | 91.0 | (5.0) | |||||||
| INTEREST SUBJECT TO 17% | 11.4 | 10.0 | 11.0 | 1.0 | |||||||
| TAXES ON DIVIDENDS | 39.6 | 44.0 | 47.0 | 3.0 | |||||||
| INHERITANCE AND GIFT TAXES | 1.4 | 1.0 | 1.0 | 0.0 | |||||||
| EXCISE TAXES, TOTAL | 1,312.7 | 1,451.0 | 1,589.0 | 138.0 | |||||||
| ALCOHOLIC BEVERAGE, TOTAL | 238.1 | 245.0 | 258.0 | 13.0 | |||||||
| DESTILLED SPIRITS | 48.0 | 49.0 | 51.0 | 2.0 | |||||||
| BEER | 178.5 | 181.0 | 191.0 | 10.0 | |||||||
| OTHER BEVERAGES | 11.6 | 15.0 | 16.0 | 1.0 | |||||||
| GENERAL TAXES, TOTAL | 1,074.6 | 1,206.0 | 1,331.0 | 125.0 | |||||||
| CIGARETTES | 111.1 | 102.0 | 98.0 | (4.0) | |||||||
| PETROLEUM PRODUCTS | 6.2 | 5.0 | 6.0 | 1.0 | |||||||
| MOTOR VEHICLES | 350.0 | 370.0 | 396.0 | 26.0 | |||||||
| HORSE RACES | 27.4 | 22.0 | 28.0 | 6.0 | |||||||
| INSURANCE PREMIUMS | 19.4 | 22.0 | 24.0 | 2.0 | |||||||
| CEMENT | 1.7 | 2.0 | 2.0 | 0.0 | |||||||
| SLOT MACHINES | 12.2 | 26.0 | 30.0 | 4.0 | |||||||
| PETROLEUM IMPORT FEES | 51.6 | 88.0 | 102.0 | 14.0 | |||||||
| 5% GENERAL EXCISE TAX | 468.4 | 538.0 | 609.0 | 71.0 | |||||||
| HOTEL ROOMS | 13.3 | 15.0 | 17.0 | 2.0 | |||||||
| OTHERS | 13.3 | 16.0 | 19.0 | 3.0 | |||||||
| LICENSES | 66.2 | 69.0 | 72.0 | 3.0 | |||||||
| MOTOR VEHICLES | 46.3 | 47.0 | 49.0 | 2.0 | |||||||
| ENTERTAIMENTS MACHINES | 7.3 | 8.0 | 8.0 | 0.0 | |||||||
| ALCOHOLIC BEVERAGE AND OTHER | 12.6 | 14.0 | 15.0 | 1.0 | |||||||
| NON-TAX REVENUES | 271.2 | 280.0 | 298.0 | 18.0 | |||||||
| TRADITIONAL LOTTERY | 58.0 | 58.0 | 58.0 | 0.0 | |||||||
| ELECTRONIC LOTTERY | 54.7 | 49.0 | 53.0 | 4.0 | |||||||
| MISCELLANEOUS, TOTAL | 158.5 | 173.0 | 187.0 | 14.0 | |||||||
| PENALTIES AND FEES | 28.3 | 23.0 | 25.0 | 2.0 | |||||||
| PERMITS FEES AND PENALTIES | 116.4 | 136.0 | 147.0 | 11.0 | |||||||
| OTHERS | 13.8 | 14.0 | 15.0 | 1.0 | |||||||
| FROM NON INTERNAL REVENUES | 272.5 | 262.0 | 269.0 | 7.0 | |||||||
| CUSTOM DUTIES | 72.2 | 63.0 | 65.0 | 2.0 | |||||||
| EXCISE ON OFF-SHORE SHIPMENTS | 200.3 | 199.0 | 204.0 | 5.0 | |||||||