STATE OF SOUTH CAROLINA
REVENUE STATUS SUMMARY
JULY - MAY JULY - MAY FY ‘96
ACTUAL ACTUAL ESTIMATED PERCENT
1994-95 1995-96 REVENUE ACTUAL TO
DESCRIPTION (11 Months) (11 Months) 1995-96 ESTIMATE (a)
BUDGETARY GENERAL FUND
Retail Sales Tax $ 1,165,904,117 $ 1,253,353,523 $ 1,515,098,223.00 83% (b)
Casual Sales Tax 11,301,411 10,606,590 13,784,793.00 77% (b)
Total Sales Tax (4%): 1,177,205,528 1,263,960,113 1,528,883,016.00 83%
Individual Income Tax 1,526,079,076 1,683,085,340 1,742,047,420.00 97%
Corporate Income Tax 179,585,879 183,037,583 243,886,032.00 75%
Combined Income Tax: 1,705,664,955 1,866,122,923 1,985,933,452.00 94%
Beer and Wine Tax 61,830,144 63,831,359 77,316,907.00 83% (b)
Departmental Revenue 42,977,458 37,870,722 45,211,641.00 84%
Insurance Tax 65,728,666 65,144,756 80,921,009.00 81%
All Other Sources 479,279,708 413,336,423 461,871,345.00 89%
Miscellaneous Sources 75,597,996 46,857,747 65,146,370.00 72%
Totals Budgetary General Fund 3,608,284,455 3,757,124,043 4,245,283,740.00 89%
ACCOMMODATIONS TAX (2%) $ 20,014,874 $ 20,446,710 N/A N/A
(a) The fiscal month ended May 31, 1996 represents 91.67% of the fiscal year, except for those taxes in (b)
for which this period represents 83.33% of the fiscal year.
(b) Indicates taxes recorded on a year-end modified accrual basis.
STATE OF SOUTH CAROLINA
BUDGETARY GENERAL FUND REVENUE
SUPPLEMENTAL DATA
1995 - 96 Estimated General Fund Revenue $ 4,245,283,740.00
May 31, 1996 Actual Revenue $ 336,486,184.56
July 1 thru May 31, 1996 Actual Revenue $ 3,757,124,042.92
1. REVENUES RECEIVABLE: May 31, 1996
Mental Health Department - Patient Fees,
Transfers and Medicaid Reimbursement $ 3,750,185.78
State Auditor - Medicaid Assistance Audits 58,034.23
Insurance Department - Insurance Tax 14,907,838.38
TOTAL REVENUES RECEIVABLE $ 18,716,058.39
2. COLLECTION COSTS PAID: July 1 through May 31, 1996
Department of Revenue Casual Sales Tax Collection Costs:
Payments to Department of Natural Resources $ 42,615.52

Last Update: 6/17/96