From Revenue Sources to Total Revenues
The state budget reports the source of the revenues
used to pay for the budget, but the revenues actually collected
during the year could be greater or less than this amount.
To figure out total state revenues we must adjust
revenue sources reported in the budget by the change in the
size of the Permanent Fund, the change in the size of the CBR,
and the interagency receipts (duplicated appropriations) included
in appropriations that are not really revenues flowing into
the state treasury.
The change in the size of the Permanent Fund
equals new oil revenues flowing in plus any earnings not spent
on the dividend or inflation proofing. The change in the size
of the CBR is also equal to new revenues flowing in, plus earnings,
minus revenues loaned to the general fund to cover its shortfall.
Although the revenues and expenditures of the
other, smaller state funds will not always be equal, they are