2005 Senate Bill 272 ↩

Senate Roll Call 418: Passed

The House-Senate conference report for the Fiscal Year (FY) 2005-2006 General Government budget, which funds the Executive, Legislature, Secretary of State, Department of Treasury, and several other agencies. This appropriates $2.914 billion in gross spending, compared to $2.597 billion, which was the FY 2004-2005 amount enrolled in 2004. Of this, $596.7 million will come from the general fund (funded by actual state tax revenues), compared to the FY 2004-2005 amount of $335 million. Another $1.687 billion is from “restricted funds,” or earmarked tax and fee revenue. $1.114 billion of this budget is paid out in revenue sharing to local governments. Note: $256.0 million of the general fund increase is because debt service on state buildings was tranferred to this budget from the Capital Outlay budget.