Operating Budget Book

FY22 Governor's Recommended Operating Budget - Financial Summary

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Mentions of “PERSONAL INCOME TAX” — 3 found on pages 1, 2

… ty Fees and Limited Partnerships and Limited Liability Companies. * Includes Contingencies and One-Time Items. Personal Income Tax 31.8% Realty Tax 3.5% Lottery 4.0% Corp. Inc. Tax 1.6% Other Tax Rev. 4.0% Other Non-Tax* 11.4% Public Utilit …

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… REVENUE ($ Millions) Fiscal Year 2020 Actual Fiscal Year 2021 Forecast Fiscal Year 2022 Forecast Personal Income Taxes $ 1,666.2 $ 1,939.9 $ 1,894.5 Corporation Income Taxes 160.0 191.8 162.3 Franchise Taxes 957.7 996.1 996.1 Gros …

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… 5,236.6 LESS: Revenue Refunds (379.4) (473.7) (471.2) NET REVENUE $ 4,525.8 $ 4,899.3 $ 4,765.4 ADJUSTMENTS: Personal Income Taxes (18.8) (10.5) Lottery Sales (0.8) (18.8) (11.3) TOTAL $ 4,880.5 $ 4,754.1 The Delaware Economic and Financ …

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Corp. Inc