South Carolina Business Directory
	Click Here to See More

3-18. South Carolina General Fund Revenue Collections by Source: Fiscal Years 1993 – 1997

             (NEW FORMAT)                 FISCAL YEAR       FISCAL YEAR       FISCAL YEAR       FISCAL YEAR       FISCAL YEAR
GENERAL FUND REVENUE BY CATEGORY            1992-93           1993-94           1994-95           1995-96           1996-97

 Sales Tax (Total)   1/                 $1,250,619,261    $1,346,902,578    $1,442,466,320    $1,544,723,826    $1,634,621,819

  Retail Sales Tax  1/                   1,240,273,815     1,334,627,645     1,429,337,946     1,530,991,063     1,619,981,649
  Casual Sales - Excise Tax  1/             10,345,446        12,274,933        13,128,374        13,732,763        14,640,170

  Income Tax (Total)                    $1,653,045,491    $1,729,798,905    $1,888,226,365    $2,047,294,136    $2,153,228,544

    Individual                           1,494,799,140     1,530,996,225     1,655,953,953     1,813,461,024     1,932,991,641
    Corporation                            158,246,351       198,802,680       232,272,412       233,833,112       220,236,903

  Other Revenue
    Admissions Tax - Bingo  2/               7,787,700         2,742,463         2,823,432         2,931,362         2,095,871
    Aircraft Tax                             4,016,905         2,535,801         3,665,204         3,541,430         3,276,413
    Alcoholic Liquor Tax  2/                47,090,647        45,825,997        47,661,579        48,244,041        48,269,365
    Bank Tax                                13,579,085        14,343,366        14,505,701        13,239,716        16,043,140
    Beer and Wine Tax                       72,857,597        75,684,877        76,551,393        78,038,757        79,984,487
    Business License Tax  (Tobacco)  2/     28,718,917        29,166,089        30,145,756        26,097,854        30,509,920
    Coin-Operated Device Tax                38,380,071        31,185,670        35,325,266        25,931,534        58,107,093
    Commercial Nuclear Waste Tax             3,740,796         3,737,515         4,054,168           860,468            NA
    Corporation License Tax                 40,463,179        42,683,023        45,543,778        43,269,463        52,246,223
    Departmental Revenue  3/ 4/             60,118,611        50,265,917        51,200,829        45,993,532        47,644,018
    Documentary Tax                         13,460,792        16,176,981        16,461,358        19,584,989        19,445,297
    Earned on Investments                   41,730,303        37,854,887        61,504,170        68,567,893        65,616,018
    Electric Power Tax  2/                  17,645,690        18,729,101        18,453,241        19,893,702        19,090,913
    Estate Tax                              15,098,591        27,065,629        26,914,458        20,510,290        28,288,706
    Fertilizer Inspection Tax                  209,494           213,818           185,524           221,230           204,089
    Gasoline Tax  (1 Cent)  2/              18,806,681        19,243,294        19,578,492        20,232,741        18,128,380
    Gift Tax                                   312,310           126,162            65,120           495,134          -114,291
    Insurance Tax                           78,008,120        81,289,295        85,050,082        85,743,686        92,921,738
    Medicaid Disproportionate Share             NA           112,482,776       112,605,683            NA                NA
    Motor Transport Fees                     4,807,759         4,726,721         6,775,302         3,479,877           212,378
    Motor Vehicle License Fees                  NA            91,855,680       100,425,868       102,644,818       101,703,505
    Petroleum Inspection Tax                13,725,758         6,624,045         6,675,906         6,976,681         7,324,270
    Private Car Lines Tax                    1,123,000         1,056,571         2,771,519         1,786,740         1,762,373
    Public Service Assessment                4,481,761         4,251,518           -19,770           162,650               -44
    Public Service Authority                 5,997,185         6,154,535         6,437,155         6,680,507         7,462,704
    Radioactive Waste Surcharge             18,205,018         9,567,358        13,259,772         2,930,975            NA
    Retailers License Tax                      657,360           933,551           930,467         1,026,023         1,038,898
    Savings and Loan Association Tax         4,513,879         5,906,482         3,434,501         3,794,320         3,069,552
    Soft Drinks Tax  2/                     23,470,166        25,052,718        24,589,822        27,231,206        22,621,702
    Workers Comp. Insurance Tax              8,638,705         9,154,290         9,428,119         9,357,774         9,642,849
    Circuit & Family Court Fines             6,544,350         7,097,945         8,103,031         8,250,368         8,393,297
    Debt Service Transfers                  11,097,824        10,754,204         8,758,892        15,875,413        18,411,707
    Housing Authority Reimbursement            455,032           442,608            NA                NA                NA
    Indirect Cost Recoveries                20,091,932        19,705,159        22,529,251        24,533,571        23,284,150
    Mental Health Fees                       3,800,000         3,800,000         3,800,000         3,800,000         3,800,000
    Probation, Pardon & Parole Fees          3,392,298         3,392,298         3,391,798         3,392,498         3,392,298
    Unclaimed Property Fund Transfer         4,730,670         8,542,209         5,656,180         5,232,732         5,500,000
    Waste Treatment Loan Repayment             360,593           457,958           177,456           186,871           156,644

TOTAL - RECURRING REVENUE               $3,541,783,531    $3,907,529,994    $4,210,113,188    $4,342,758,808    $4,587,384,026


TOTAL - NONRECURRING REVENUE              $130,810,036      $116,962,906       $23,426,672        $3,232,291          $932,068

TOTAL, GENERAL FUND REVENUE             $3,672,593,567    $4,024,492,900    $4,233,539,860    $4,345,991,099    $4,588,316,094

1/: Excludes (1%) Education Improvement Act and (2%) Accommodations Taxes. End-of-year modified accrual since FY 1990-91.

2/: End-of-year modified accrual since FY 1992-93.

3/: Includes General Fund portion of Contractor License fees since FY 1992-93.

4/: Includes former Department of Agriculture agency revenue other than the Petroleum InspectionTax now shown separately.

Source: Board of Economic Advisors, March 1998.

Back to 1998 South Carolina Statistical Abstract table of contents