Operating Budget Book

FY20 Governor's Recommended Operating Budget - Introduction

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Mentions of “PERSONAL INCOME TAX” — 3 found on pages 3, 8, 9

… Year 2019 of $4,469.5 million and $4,563.5 million for Fiscal Year 2020. The highlights of the forecast include:  Personal Income Tax - This tax, closely modeled after federal income tax law, is p rogressive in nature, with marginal rates from 0 to 6 …

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… ty Fees and Limited Partnerships and Limited Liability Companies. * Includes Contingencies and One-Time Items. Personal Income Tax 32.9% Realty Tax 3.4% Lottery 4.2% Corp. Inc. Tax 2.2% Other Tax Rev. 4.8% Other Non-Tax* 8.1% Public Utility …

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… UE ($ Millions) Fiscal Year 2018 Actual Fiscal Year 2019 Forecast Fiscal Year 2020 Forecast Personal Income Taxes $ 1,641.4 $ 1,724.8 $ 1,816.7 Corporation Income Taxes 165.1 142.8 163.7 Franchise Taxes 856.7 864.0 865.5 Gross …

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Experimental ProgramHealth Insurance Program