Wednesday, February 18, 2009
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A whole 'lotto' expenses: State comptroller breaks down 2008 revenues and expenses

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[February 18, 2009]  Illinois State Comptroller Daniel Hynes has released the figures on the state of the Illinois budget, and it shows just how the state is spending more than it takes in. The comptroller broke the numbers down into three areas: lottery, revenues and expenditures.

DonutsTotal Illinois Lottery expenditures of $2.060 billion in fiscal 2008 included $1.199 billion, or 58.2 percent, for prizes; $643 million, or 31.2 percent, in transfers to the Common School Fund for education; $153 million, 7.4 percent, paid out in agent and vendor commissions; $60 million, 2.9 percent, for the operation of the Illinois Lottery; and $5 million, 0.3 percent, in transfers for special tickets.

The instant games and Pick 3 game paid out the largest dollar amounts of prizes, with $734 million and $148 million, respectively.

Other game payoffs were $111 million for Mega Millions, $79 million for Pick 4, $65 million for Little Lotto, $63 million for Lotto, $12 million for Pick N Play and $13 million for Millionaire Raffle.

The two largest line items of operational expenses for the Illinois Lottery were advertising, at $16 million, and game development, at $9 million.

General funds revenues totaled $33.838 billion in fiscal 2008.

The largest source of revenue to the general funds was the personal income tax, with receipts of $10.320 billion, accounting for 30.5 percent of the total.

Sales taxes were the second-largest source of revenue, with $7.215 billion, or 21.3 percent of the total. Other major sources included federal revenues of $4.815 billion, or 14.2 percent; corporate income taxes of $1.860 billion, 5.5 percent; gaming sources of $1.236 billion, 3.7 percent; and public utility taxes of $1.157 billion, 3.4 percent.

All other sources of revenue -- including cigarette, liquor, insurance and inheritance taxes; short-term borrowing; and other miscellaneous sources -- totaled $7.235 billion for fiscal 2008 and accounted for 21.4 percent.

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Expenditures from the general funds totaled $35.876 billion in fiscal 2008, $2.038 billion more than revenues.

Health and social services expenditures -- which include spending for medical assistance, children and family services, the operation of mental health facilities and facilities for the developmentally disabled, and other related services -- totaled $13.760 billion in fiscal 2008, accounting for 38.4 percent of total general funds expenditures.

Education encompassed the second-largest portion, 28.9 percent, of the general funds budget, with fiscal 2008 spending of $10.376 billion, including $8.181 billion for elementary and secondary education and $2.195 billion for higher education.

Transfers out of $8.719 billion from the general funds primarily supported local governments, debt service payments on bonds issued and repayment for short-term borrowing.

Spending of $1.915 billion for public protection and justice included funding for the operation of prisons, courts and law enforcement.

Other areas of spending included general government, at $686 million, as well as $420 million for such things as employment and economic development, environmental assistance, refunds, and transportation-related items.

[Daniel W. Hynes, Illinois state comptroller; LDN staff]


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