Legislative Budget Office of the Legislative Service Commission  
LBO BUDGET FOOTNOTES INFOGRAPHIC  
Click here for the full edition of Budget Footnotes  
Issue: September 2019  
Volume: Fiscal Year 2020  
The personal income tax had a posiꢀve variance of $15.0 million in August, parꢀallꢁ offseꢂng its negaꢀve variance in Julꢁ. For  
the ꢁear to date (YTD), this tax is $14.3 million (1.0%) under esꢀmate.  
The sales and use tax had posiꢀve variances of $37.9 million in August and $35.4 million (1.9%) YTD.  
The commercial acꢀvitꢁ tax has had two months of posiꢀve variances, resulꢀng in a posiꢀve YTD variance of $28.7 million  
(8.0%) at the end of August.  
YTD GRF taxes as a whole exceeded esꢀmate bꢁ $34.1 million (0.9%) at the end of August.  
YTD federal grants were under esꢀmate bꢁ $43.2 million (2.2%), which coincided with a negaꢀve YTD variance in GRF Medicaid  
expenditures of $47.9 million (1.5%). Non-GRF Medicaid expenditures were also under esꢀmate YTD ($5.4 million) resulꢀng in  
a negaꢀve all funds Medicaid expenditure YTD variance of $53.3 million (1.1%).  
YTD GRF expenditures in all other program categories, except one, were also below esꢀmate resulꢀng in a negaꢀve YTD  
variance in total GRF program expenditures of $92.0 million (1.5%).  
GRF & Medicaid Variances Actual vs. Estimate  
Tax revenue  
62.5 million  
Federal grants  
Total GRF sources  
$
-$43.2 million  
-5.7%  
$82.5 million  
2.8%  
3
.0%  
Program expenditures  
$92.0 million  
Total GRF uses  
-
-$86.4 million  
-2.5%  
Month of August  
-
3.3%  
GRF Medicaid  
$47.9 million  
Non-GRF Medicaid  
All funds Medicaid  
-
-$5.4 million  
-0.4%  
-$53.3 million  
-2.1%  
-
4.1%  
Tax revenue  
34.1 million  
Federal grants  
Total GRF sources  
$
-$43.2 million  
-2.2%  
$53.8 million  
0.9%  
0
.9%  
Program expenditures  
$92.0 million  
Total GRF uses  
-
-$86.4 million  
-1.2%  
YTD through August  
-
1.5%  
GRF Medicaid  
$47.9 million  
Non-GRF Medicaid  
All funds Medicaid  
-
-$5.4 million  
-0.3%  
-$53.3 million  
-1.1%  
-
1.5%