REVENUE AND REGULATION
GOVERNOR'S RECOMMENDED FY 2008 BUDGET
0282 Video Lottery

MISSION:
To operate video lottery with the utmost security, integrity, and efficiency in maximizing revenues to the state.

  ACTUAL
FY 2005
ACTUAL
FY 2006
BUDGETED
FY 2007
REQUESTED
FY 2008
GOVERNOR'S RECOMMENDED
FY 2008
RECOMMENDED INC/(DEC)
FY 2008
FUNDING SOURCE:
   General Funds $0 $0 $0 $0 $0 $0
   Federal Funds 0 0 0 0 0 0
   Other Funds 1,785,977 1,805,973 2,059,502 2,059,502 2,077,827 18,325
      Total $1,785,977 $1,805,973 $2,059,502 $2,059,502 $2,077,827 $18,325
 
EXPENDITURE DETAIL:
   Personal Services $454,616 $444,395 $485,199 $485,199 $503,524 $18,325
   Operating Expenses 1,331,360 1,361,579 1,574,303 1,574,303 1,574,303 0
      Total $1,785,977 $1,805,973 $2,059,502 $2,059,502 $2,077,827 $18,325
 
Staffing Level FTE: 10.4 10.5 10.0 10.0 10.0 0.0

  ACTUAL
FY 2005

ACTUAL
FY 2006

ESTIMATED
FY 2007

ESTIMATED
FY 2008

REVENUES:  
   License Fees to VL Operating Fund $1,124,800 $1,158,000 $1,160,000 $1,160,000
   Additional MFG. License Fee--General Fund 45,000 45,000 45,000 45,000
   Video Lottery Proceeds--General Fund 3,000,000 0 0 0
   Video Lottery Proceeds--Property Tax 109,279,140 109,451,209 110,545,721 111,651,178
   Reduction Fund 0 0 0 0
   Video Lottery Proceeds--VL Operating Fund 1,103,930 1,105,568 1,116,623 1,127,790
   Miscellaneous Revenue 147,423 75,113 100,000 100,000
      
Total

$114,700,293

$111,834,890

$112,967,344

$114,083,968
PERFORMANCE INDICATORS:  
   Machines Placed (12-Month Avg.) 8,564 8,716 8,750 8,850
   Licensed Establishments (12-Month Avg.) 1,433 1,463 1,470 1,470
   Licensed Operators 162 163 165 165
   Licensed Distributors 3 3 3 3
   Licensed Manufacturers 3 3 3 3

generated 12/05/06 10:45:07 AM