General revenue

General revenue

The sum of taxes, charges, and miscellaneous income taken in at the state and local level while neglecting overlapping revenue which may be erroneously counted twice.

General Revenue

Revenue that a state or local government raises through taxation and that may be used for any purpose. That is, general revenue is not earmarked automatically for functions such as road maintenance or payroll for state workers. Rather, the government may use general revenue for discretionary functions.
References in periodicals archive ?
CONTACT: Rick Castellano for General Revenue Corporation, +1-703-984-5535, richard.
Revenue collections in September were above last year and above the general revenue forecast, the Arkansas Department of Finance & Administration said last week.
NEW YORK -- Fitch Ratings assigns an 'A+' to Nebraska Public Power District's (NPPD) $94 million general revenue bonds 2007 Series A (taxable).
The state agency said net available general revenue last month was $334.
22 /PRNewswire/ -- General Revenue Corporation (GRC), the nation's largest university-focused collection agency and subsidiary of Sallie Mae, today celebrated 25 years in Cincinnati by giving thanks to the community that has supported it since 1981.
NEW YORK -- Fitch assigns an 'AA' rating to the Massachusetts Water Resources Authority's (MWRA or the authority) approximately $200 million general revenue bonds, 2007 series A, and approximately $630 million general revenue refunding bonds, 2007 series B.
The Arkansas Department of Finance & Administration's first revenue report of the new fiscal year showed net available general revenue for July reached $351.
20 /PRNewswire/ -- Boston Water and Sewer Commission's $40 million general revenue bonds, 1994 series A (senior series) are rated "AA/F-1+" by Fitch.
NEW YORK -- Fitch Ratings assigns a rating of 'AAApre' to $459,325,000 Long Island Power Authority (LIPA) electric system general revenue bonds and $54,500,000 subordinated revenue bonds.
Continuing their recent trend, the state's revenue collections for February were below the general revenue forecast issued last November by the state Department of Finance & Admini-stration.
They are not general obligations of the state but are payable from amounts on deposit in the sinking account of the note fund; such amounts are derived from investment earnings and transfers from the general revenue fund.
NEW YORK -- Fitch Ratings has assigned an 'A-' rating to the Long Island Power Authority's (LIPA) series 2006F electric system general revenue bonds.

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