Revenues
The State's most significant sources of revenue are its 5% retail sales tax, its
individual income tax (2.5% to 7.0% tax rates) and Federal grants. The following
schedule summarizes revenues of the General and Special Revenue Funds for the
fiscal year ended June 30, 1997 (expressed in thousands) and the amounts (expressed
in thousands) and percentages of increases (decreases) in relation to prior year
revenues:
Revenues
1996-97
Interest and other investment income were higher than the previous year
because more cash was available to invest.