ETF Rolling Reserve Act Summary

State General Fund Total Revenue Growth = $81.4M Decreasing Revenue Sources Financial Institutions Excise Tax -$7,968,929 -27.93% 7.50% Increase in FY 2024 over FY 2023 Oil and Gas Taxes -$4,518,588 -29.24% Cigarette Tax -$1,871,345 -4.89% Total Net Receipts $1,500,000,000 State General $1,166,448,608 Increasing Revenue Sources $1,085,022,810 $1,000,000,000- Interest on State Deposits $84,195,680 90.90% $500,000,000- Simplified Sellers Use Tax $14,010,086 15.77% $0 2023 2024 Ad Valorem Taxes $12,886,445 8.24% Fund Budget Conditions FY2024 Year to Date FY 2024 SGF Budget Condition (as of 2/1/24) SGF $717,456,188 $1,166,448,608 Beginning Balance YTD Receipts Total Available Funds $1,883,904,796 Total Obligations $3,375,797,754 Revenue Needed in Feb. - Sept. of FY24 $1,491,892,958 Revenue Received in Feb. Sept. of FY23 $2,153,566,833 27

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