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Session Laws, 1978
Volume 736, Page 909   View pdf image
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BLAIR LEE III, Acting Governor

909

Estimated Funds Reserved for
Budget Operations - July
1, 1979.............                                             $16,513,359*

Add:

Add:

* Includes $267,628 of General Fund Surplus and
$16,245,731 of Undistributed Dedicated Special Fund
Revenue.

Reductions in Original

Appropriations
Made by the Governor

(Revenue Deficiency

Fund - $12,000,000,

Grants to local

Governments

$10,222,000)                                                                      22,222,000

Adjustments in Revenue
Estimates

Increase in Income Tax
Due to Failure of Pro-
posed Legislation to
Increase Standard
Deduction                                        $30,000,000

Increase in Income Tax
Due to Revised Esti-
mate        of        Proposed
Student Filing Legis-
lation                                                 736,000

Increase in income Tax
Resulting from
Recomputation of State
Share of Gross
Receipts in Previous
Fiscal Years                                     3,583,000

Decrease in Income Tax
Due to Proposed Legis-
lation to Allow
Itemization of Deduc-
tions                                                 (12,148,000)
Net additional Special

Fund Revenue........ 1,832,703

Net additional Federal

Fund Revenue........                     161,068 24,164,771

Deduct:

Additional Appropria-
tions Proposed in

 

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Session Laws, 1978
Volume 736, Page 909   View pdf image
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