These are the sources of income to fund state government, including revenues from various taxes such as individual and corporate income taxes and from interest income from state investments.
Government revenue is money received by a government from external sources net of refunds and other correcting transactions, other than from the issuance of debt, liquidation of investments, and as agency and probate trust transactions. Government revenue excludes noncash transactions such as receipt of services, commodities, or other receipts in kind. (House Fiscal Analysis Department: Dictionary of U.S. Gov't. Statistical Terms)
The full accrual income arising from operations during the year, recorded in the Statement of Financial Performance. Controlled revenues include revenue from the State Government in the form of payments for outputs, and own-source revenue such as Specific Purpose Payments from the Commonwealth and user charges. Administered revenues are revenues which are forwarded to the Consolidated Fund, and generally comprise taxes, fees and fines, royalty revenues and general purpose Commonwealth grants.