The fiscal year is 7/1/2023 - 6/30/2024. General Fund- the primary sources of revenues are personal income tax, sales and use tax, corporation tax, and insurance tax. Special Funds - the primary sources of revenues are motor vehicle taxes and fees, business and professional license fees, and oil and gas royalties. Bond funds - borrowed money (interest + principal payments in the future). 1) Look at https://ebudget.ca.gov/budget/publication/#/m/2023-24/Home and find the numbers for the following items: a) General Fund: b) Special Funds: c) Bond Funds: d) Total State Funds (general fund + special funds + bond funds): e) General Fund Revenues (in millions of dollars - add six zeroes): f) General Fund Expenditures (in millions of dollars - add six zeroes): g) Budget deficit General Fund Revenues minus General Fund Expenditures

Fig: 1