ONDO STATE OF NIGERIA									ANNEXE  1
				YEAR 2007 ESTIMATES
				OVERALL SUMMARY
1	2	3	4	5	6	7	8	9	10	11
		ACTUAL		ACTUAL		APPROVED		APPROVED
	DETAILS	RECEIPTS	%	RECEIPTS	%	ESTIMATES	%	ESTIMATES	%	FOLIO
		JAN-DEC. 2005		JAN-JULY 2006		2006		2007
		N		N		N		N
1	REVENUE
A	Recurrent
i	Statutory Allocation	16,056,882,631.70	41.23	10,392,614,832.22	34.84	19,653,892,086.00	34.50	19,200,000,000.00	36.48	25a
ii	Internally Generated Revenue	2,621,189,746.61	6.73	1,823,718,897.98	6.11	2,917,426,830.00	6.73	2,947,238,000.00	5.60	5,6,24f
B	Capital
i	Value Added Tax (VAT)	2,085,066,158.94	5.35	1,304,275,763.61	4.37	2,200,000,000.00	3.86	2,319,405,000.00	4.41	25b
ii	Mineral Derivation Fund	11,436,333,518.11	29.36	10,573,010,290.24	35.45	18,060,000,000.00	31.70	18,000,000,000.00	34.20	25c
iii	Loans	_	_	_	_	_		_	_
iv	Grants from Donor Agencies	427,000,000.00	1.10	333,751,000.00	1.12	2,918,970,000.00	5.12	958,643,000.00	1.82	25g
v	Refund from FGN on Repair of
	Federal Roads	_		_		1,700,000,000.00	2.98	2,000,000,000.00	3.80	25h
vi	Other Revenue: (Excess Crude,
	Escrow Account, etc.	4,312,439,834.89	11.07	5,398,916,131.88	18.10	8,947,523,000.00	15.70	7,000,000,000.00	13.30	25d
vii	Sundry Income	2,009,756,502.00		_		575,000,000.00		200,000,000.00	0.38	25f
	TOTAL REVENUE	38,948,668,392.25	100	29,826,286,915.93	100	56,972,811,916.00	100	52,625,286,000.00	100	6,25j
2		ACTUAL		ACTUAL		APPROVED		APPROVED
		EXPENDITURE	%	EXPENDITURE	%	ESTIMATES	%	ESTIMATES	%
	RECURRENT  ESTIMATES	JAN-DEC. 2005		JAN-JULY 2006		2006		2007
		N		N		N		N
i	Personnel Costs	7,323,163,000.00	40.06	4,506,770,000.00	40.92	8,718,694,915.55	36.79	9,698,306,000.00	38.74	28
ii	Other Charges	1,918,151,761.79	10.49	1,101,446,421.95	10.00	2,394,735,000.00	10.11	2,659,550,000.00	10.62	33
iii	Recurrent Grants to Parastatals
	and Tertiary Institutions	2,056,854,247.58	11.25	1,246,656,107.49	11.32	2,308,125,000.00	9.74	2,666,543,000.00	10.65	34
Iv	Transfer to Other Funds	1,263,986,051.31	0.07	1,699,805,429.04	0.15	4,351,896,000.00	0.18	5,369,786,000.00	0.21	37
v	Consolidated Revenue Fund Charges	5,698,060,745.88	31.17	1,828,409,865.34	16.60	3,695,600,000.00	15.59	4,577,000,000.00	18.28	59
vi	Grants/Loans	21,379,000.00	0.12	630,986,472.81	5.73	2,228,824,000.00	9.41	61,500,000.00	0.25	60
	TOTAL RECURRENT ESTIMAES	18,281,594,806.56	100	11,014,074,296.63	100	23,697,874,915.55	100	25,032,685,000.00	100
3	CAPITAL ESTIMATES	19,479,862,317.35	79.29	13,070,395,000.00	81.95	24,453,537,000.00	73.49	18,880,601,000.00	68.43
	Grants  to OSOPADEC	5,089,000,000.00	20.71	2,879,189,000.00	18.05	8,822,400,000.00	26.51	8,712,000,000.00	31.57
	TOTAL CAPITAL ESTIMATES	24,568,862,317.35	100	15,949,584,000.00	100	33,275,937,000.00	100	27,592,601,000.00	100
	TOTAL BUDGET	42,850,457,123.91	100	26,963,658,296.63	100	56,973,811,915.55	100	52,625,286,000.00	100
	2007 Overall Summary				1	CR 1