Revenue by Major Source, General Fund
Source: Office of Financial Management
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| ALL REVENUE AND OTHER SOURCES (USES) BY MAJOR SOURCE GENERAL FUND $ in Millions |
|||||||
|---|---|---|---|---|---|---|---|
| Fiscal Biennium |
Total | Taxes | Licenses, Permits, & Fees |
Federal | Lottery & Liquor Profits |
Net Distributions & Transfers |
Other |
| 1987-89 | 13,362.2 | 10,470.2 | 88.1 | 2,676.3 | 245.8 | -244.6 | 126.4 |
| 1989-91 | 16,433.9 | 12,760.6 | 103.6 | 3,519.9 | 260.0 | -395.1 | 184.9 |
| 1991-931 | 20,057.7 | 14,219.1 | 123.3 | 4,886.9 | 301.1 | -132.8 | 660.1 |
| 1993-95 | 22,765.7 | 16,294.4 | 125.1 | 5,718.7 | 290.8 | -341.0 | 677.7 |
| 1995-97 | 24,418.3 | 17,601.8 | 129.0 | 6,180.5 | 253.3 | -372.2 | 625.9 |
| 1997-992 | 26,579.0 | 19,452.4 | 155.3 | 6,888.9 | 255.1 | -903.5 | 730.8 |
| 1999-013 | 29,989.2 | 20,706.3 | 175.7 | 8,323.6 | 255.6 | -181.5 | 709.5 |
| 2001-034 | 32,686.2 | 20,951.9 | 146.6 | 9,840.4 | 63.5 | 1,007.3 | 676.5 |
| 2003-05 | 35,632.1 | 23,206.8 | 150.8 | 10,886.0 | 100.7 | 950.5 | 337.3 |
| 2005-075 | 39,048.5 | 27,262.2 | 172.9 | 11,029.9 | 111.2 | -0.1 | 472.4 |
1Starting in the 1991-93 Biennium, Bond Retirement and Interest and Debt Service in the General Fund were reclassified from negative revenue to an expenditure.
2In the 1997-99 Biennium, $514.5 million of General Fund-State revenues were transferred to the state's Emergency Reserve Fund under provisions of Initiative 601, approved by Washington voters in the November 1993 general election.
3In the 1999-01 Biennium, the Initiative 601-mandated General Fund-State revenue transfer to the Emergency Reserve Fund decreased to $198.5 million. Additionally, under the provisions of Initiative 695, which was approved by Washington voters in the November 1999 general election, Motor Vehicle Excise Tax (MVET) distributions from the General Fund-State decreased $355.4 million from the prior biennium.
4In the 2001-03 Biennium, $325 million was transferred from the state's Emergency Reserve to the General Fund-State. The Tobacco Settlement Authority transferred $450 million to the state in exchange for 29.2% of the state's tobacco settlement revenue stream. Additionally, starting in the 2001-03 Biennium, in accordance with the provisions of the Student Achievement Act, as required by Initiative 728, transfers from the State Lottery Account and a portion of the state property tax are deposited in the Student Achievement Account for expenditure by the Superintendent of Public Instruction.
5$1.2 million in transfers were made to dedicated accounts to pay for health services, education, and pension funding stabilization.
| Table GT03 | ||
| Last modified March 28, 2008 OFM Forecasting Division E-mail: OFM.Forecasting@ofm.wa.gov | Valid XHTML Valid CSS |  |