Legislative Budget Office of the Legislative Service Commission  
LBO BUDGET FOOTNOTES INFOGRAPHIC  
Click here for the full edition of Budget Footnotes  
Issue: October 2020  
Volume: Fiscal Year 2021  
GRF tax revenues of $1.92 billion in the month of September were $8.7 million (0.5%) above esꢀmate, bringing the posiꢀve variance in  
year-to-date (YTD) GRF tax revenues to $262.4 million (4.1%).  
The sales and use tax, the largest GRF tax, was about even with esꢀmates in September ($1.0 million above). A posiꢀve variance in the auto sales  
tax of $14.7 million (11.0%) was largely offset by a negaꢀve variance of $13.7 million (1.8%) in the nonauto sales and use tax. The YTD variance for  
the total GRF sales and use tax was a posiꢀve $183.9 million (6.6%) at the end of September.  
The personal income tax was below esꢀmate in September by $12.1 million (1.3%), reducing its posiꢀve YTD variance to $84.2 million (3.0%).  
The cigareꢁe and commercial acꢀvity taxes both had posiꢀve variances in September of $16.1 million (21.8%) and $8.5 million (119.1%),  
respecꢀvely. For the YTD, the variances in the two taxes canceled each other out; the cigareꢁe tax was $23.5 million (13.6%) above esꢀmate and  
the commercial acꢀvity tax was $23.5 million (6.3%) below esꢀmate.  
A negaꢀve YTD variance in GRF Medicaid spending of $116.1 million (2.2%) was parꢀally offset by a posiꢀve YTD variance in non-GRF Medicaid  
spending of $27.4 million (1.0%), resulꢀng in a negaꢀve YTD variance in all funds Medicaid spending of $88.6 million (1.1%).  
Expenditures for all GRF program categories were under their YTD esꢀmates. Total program expenditures had a negaꢀve YTD variance of  
$
316.3 million (3.0%) at the end of September.  
GRF & Medicaid Variances – Actual vs. Estimate  
Tax revenue  
8.7 million  
Federal grants  
Total GRF sources  
$
-$96.9 million  
-8.9%  
-$150.4 million  
-4.9%  
0
.5%  
Program expenditures  
$230.7 million  
Total GRF uses  
-
-$230.1 million  
-6.9%  
Month of September  
-
6.9%  
GRF Medicaid  
$184.1 million  
Non-GRF Medicaid  
All funds Medicaid  
-
$142.9 million  
13.7%  
-$41.2 million  
-1.6%  
-
12.4%  
Tax revenue  
262.4 million  
Federal grants  
Total GRF sources  
$
-$122.2 million  
-3.2%  
$155.1 million  
1.5%  
4
.1%  
Program expenditures  
$316.3 million  
Total GRF uses  
-
-$341.8 million  
-3.1%  
YTD through September  
-
3.0%  
GRF Medicaid  
$116.0 million  
Non-GRF Medicaid  
All funds Medicaid  
-
$27.4 million  
1.0%  
-$88.6 million  
-1.1%  
-
2.2%