Certification Revenue Estimate 2014-15

Table 1 – General Revenue-Related Funds By Source
(In Millions of Dollars)

Source	2012-13	2014-15	Percent Change
Tax Collections
Sales Taxes	$49,942	$54,393	8.9%
Motor Vehicle Sales and Rental Taxes	$7,373	$8,147	10.5%
Motor Fuel Taxes	$1,714	$1,744	1.7%
Franchise Tax	$5,501	$5,697	3.5%
Insurance Taxes	$3,258	$3,463	6.3%
Natural Gas Production Tax	$3,030	$2,994	-1.2%
Cigarette and Tobacco Taxes	$1,184	$1,178	-0.5%
Alcoholic Beverage Taxes	$1,907	$2,057	7.9%
Oil Production and Regulation Taxes	$5,094	$6,500	27.6%
Inheritance Tax	-$11	$0	-100.0%
Utility Taxes	$886	$847	-4.4%
Hotel Occupancy Tax	$843	$937	11.2%
Other Taxes	$308	$299	-2.9%
Total Tax Collections	$81,029	$88,256	8.9%
Non-Tax Collections
Licenses, Fees, Fines, and Penalties	$2,371	$2,646	11.6%
Interest and Investment Income	$2,293	$1,665	-27.4%
Lottery Proceeds	$2,129	$2,075	-2.5%
Sales of Goods and Services	$227	$235	3.5%
Settlement of Claims	$1,141	$1,051	-7.9%
Land Income	$67	$28	-58.2%
Contributions to Employee Benefits	$0	$0	3.5%
Other Revenue Sources	$4,128	$3,486	-15.6%
Total Non-Tax Collections	$12,356	$11,185	-9.5%
Total Net Revenue	$93,385	$99,441	6.5%
Balances and Adjustments
Beginning Fund 1 Balance	$921	$5,345
Beginning Funds 2 and 3 Balances	$215	$161
Change in GR-Dedicated Account Balances	$705	-$640
Reserve for Transfers to Economic Stabilization and State Highway Funds	-$4,394	-$5,421
Total Balances and Adjustments	-$2,553	-$556
Total General Revenue-Related Funds Available for Certification	$90,832	$98,885	8.9%

Note: Totals may not sum because of rounding.
SOURCE : Susan Combs, Texas Comptroller of Public Accounts.