1.2.1.2
General Fund Non-Oil Revenues $ .334 billion in 2002
The largest non-petroleum tax revenue generators
for the general fund are the corporate income tax, the motor fuel tax,
and the insurance premium tax.
In spite of considerable growth in the
economy over the last 15 years, there has been little increase in the
total non-oil revenues collected by the general fund.
Some taxes and fees for special purposes
do not flow into the general fund, but instead go into one of the other
state funds. Some fisheries-related taxes flow directly to local governments
and do not show up in the state accounts.
General Fund Non-Petroleum Revenues Anticipated
for FY 2002 (billion $)
|
| Total Anticipated July 2001 |
$ .334
|
| Total Anticipated Spring 2001 |
$ .357
|
| TAXES |
$ .171
|
| --Corporate Income Tax (non oil) |
$ .055
|
| --Motor Fuel Tax |
$ .037
|
| --Insurance Premium Tax |
$ .029
|
| --Tobacco Tax |
$ .015
|
| --Alcohol Tax |
$ .012
|
| --Electric & Telephone Coop Tax |
$ .000
|
| --Fish Tax |
$ .015
|
| --Mining Tax |
$ .003
|
| --Estate Tax |
$ .003
|
|
--Charitable Gaming
|
$ .002
|
|
LICENSES & PERMITS
|
$ .050
|
| --Motor Vehicle |
$ .036
|
| --Other |
$ .014
|
| CHARGES FOR SERVICES |
$ .030
|
| OTHER MISCELLANEOUS |
$ .066
|
| INVESTMENT EARNINGS* |
$ .040
|
|
Source: Alaska Department of Revenue, Revenue Sources, Spring
2001.
*Excludes dividend payment from AHFC and AIDEA.
|