08 ‎(4)‎

• Board Meeting Date: 9/16/2008
• Description: CF Section - Amendment 52 - Use of Severance Tax Revenue for Highways
• Board Meetings - Doc Type: Memo

3ra Draft
1 Table 2. Estimated State Spending Change Due to Amendment 52
2 (Millions of Dollars)
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State Revenue: 2009 2010 2011 2012 4-year
Total
Projected Total Severance tax revenue $347 $246 $278 $290 $1,160
Amount for existing state programs
under Amendment 52 $92 $95 $98 $102 $387
Amount shifted to transportation under
Amendment 52 $89 $36 $49 $53 $226
Water projects 45 18 25 26 113
Existing state programs 1 10 9 0 20
Other non-budgeted state programs 43 8 15 26 93
12 * Water projects appear in the year in which the money is received. Actual expenditure of this money
13 occurs in the following year.
August 18, 2008 - 5 - S: ILCSIPROJECTSIBALLOTI20081Masterdocsld312007-2008120v3.~1