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 ?
When the fund accumulates more money than its constitutional cap, which is 10 percent of the general revenue budget, the excess money would be placed in a dedicated account that could be used only for retiring state debt early.
Some states are at least better able than others to collect general revenue from their own sources--through taxes and charges--to mitigate the effect of their broader deficits.
For the 2012-2013 biennium, legislative proposals would cut the state budget overall by more than 15 percent compared to 2010-11, and are at least 30 percent below the General Revenue levels needed to main critical services such as education, health and human services, and public safety.
General revenue does not include utility, liquor store or insurance trust revenue.
For the first seven months of the fiscal year, the general revenue of $2.
1 million that will go to the state's general revenue fund and another $14.
Superfund program operations are funded by appropriations from the general revenue fund and the Superfund trust fund.
I am pleased to be here today as you begin your discussion of using general revenue transfers to shore up social security and Medicare.
The court reached this conclusion because the use of the funds was ultimately subject to the discretion of the legislature as a general revenue measure.
Budget hearings have been under way for only a few days, but it's already clear that $72 billion in general revenue won't be nearly enough to meet the needs of Texas.
Net available general revenue in December was $399 million, which was $16.

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