Legislative Budget Office of the Legislative Service Commission  
LBO BUDGET FOOTNOTES INFOGRAPHIC  
Click here for the full edition of Budget Footnotes  
Issue: November 2019  
Volume: Fiscal Year 2020  
The sales and use tax, the largest GRF tax, came in over esꢀmate in October by a healthy $51.4 million, bringing its year-to-date  
(YTD) posiꢀve variance to $82.3 million. Most of Octobers posiꢀve variance was in the nonauto sales and use tax ($43.4 million),  
although the auto sales tax was also over esꢀmate ($8.0 million).  
The personal income tax had a negaꢀve variance of $20.6 million in October, resulꢀng in a small YTD negaꢀve variance of  
$
1.8 million.  
The commercial acꢀvity tax had its first negaꢀve monthly variance for the fiscal year in October ($5.1 million), but maintained a  
posiꢀve YTD variance ($28.5 million).  
YTD GRF taxes as a whole exceeded esꢀmate by $97.0 million at the end of October, a posiꢀve variance that grew by $25.6 million  
from the end of September.  
YTD GRF program expenditures were under esꢀmate at the end of October by $127.8 million, including a negaꢀve YTD variance in  
Medicaid expenditures of $79.9 million. Of all the program categories, only Property Tax Reimbursements had a posiꢀve YTD  
variance at the end of October, which was due to ꢀming.  
GRF & Medicaid Variances – Actual vs. Estimate  
Tax revenue  
25.6 million  
Federal grants  
Total GRF sources  
$
-$0.9 million  
-0.1%  
$39.3 million  
1.4%  
1
.3%  
Program expenditures  
$59.7 million  
Total GRF uses  
-
-$81.8 million  
-2.6%  
Month of October  
-
1.9%  
GRF Medicaid  
$17.5 million  
Non-GRF Medicaid  
All funds Medicaid  
-
-$15.8 million  
-1.9%  
-$33.2 million  
-1.6%  
-
1.4%  
Tax revenue  
97.0 million  
Federal grants  
Total GRF sources  
$
-$49.6 million  
-1.4%  
$85.1 million  
0.7%  
1
.3%  
Program expenditures  
$127.8 million  
Total GRF uses  
-
-$136.1 million  
-1.0%  
YTD through October  
-
1.0%  
GRF Medicaid  
$79.9 million  
Non-GRF Medicaid  
All funds Medicaid  
-
-$52.8 million  
-1.3%  
-$132.7 million  
-1.4%  
-
1.4%