Tuesday, August 26, 2008

GF Revenues and Spending for FY09

Here is a quick look at where FY 2009 General Fund Revenues are derived, and how they are spent:

FY 2009 General Fund Revenue--Where It Comes From
Sales and Use Tax: $4,643.6
Individual Income Tax: $3,619.4
Corporate Income Tax: $871.2
Other: $133.7
TOTAL 1/$9,267.9
1/ Includes all legislative revenue changes, but does not include beginning balance or other one-time revenue adjustments.

The projected beginning balance is $1.0 million. Other one-time revenues adjustments equal $711.3 million.

FY 2009 Total General Fund Appropriations--Where It Goes
Education (K-12): $4,141.2
AHCCCS : $1,425.3
Universities: $1,080.4
Corrections: $947.5
Economic Security: $808.3
Health Services: $611.5
School Facilities Bd: $101.2
Other Agencies: $846.6
TOTAL OPERATING BUDGET: $ 9,962.0

Data may be obtained through the JLBC website: http://www.azleg.gov/jlbc/09app/apprpttoc.pdf

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