OPTION  - B
                                                                     CONSLIDATED BUDGET SUMMARY
                                             EBONYI STATE GOVERNMENT 2016 BUDGET DRAFT  ESTIMATES 
ECONOMIC CODE DETAILED DESCRIPTION 2015 REVISED BUDGET =N= ACTUAL 2015 JAN.- OCT.  =N= 2016 BUDGET =N=
1 ESTIMATED RECURRENT REVENUE    
11010001 Opening Balanace 4,500,000,000   4,497,067,650
11010002 Statutory Allocation 26,000,000,000 21,214,196,295 25,000,000,000
11010003 Value Added Tax 7,500,000,000 6,025,428,561 7,592,039,990
11010004 Share of Excess Crude - 85,728,118 -
11010005 Share of Exhange Rate Gains 2,400,000,000 1,282,693,222 1,616,193,460
11010006 Share of Augumentation - - -
11010007 Non Oil Revenue 184,703,690 - 1,000,000,000
11010008 Share of NNPC Refund - 80,537,175 -
11010009 Share of SURE-P - - -
110100010 Rebursement from Bond ISPO  1,300,000,000 1,278,893,300 -
110100011 Rebursement from FGN - - 500,000,000 40,205,245,820.00
110100012 Grants  (UBEB & SDG) 5,000,000,000 - 6,000,000,000
110100013 Internally Generated Revenue 6,468,366,170 2,288,727,971 14,000,000,000
110100015 Internal Loans 38,644,190,000 - 20,000,000,000
11010016 External Loans 1,000,000,000 - -
Total Current Year Receipts  96,528,893,690 32,256,204,642 80,205,301,100
ESTIMATED RECURRENT EXPENDITURE      
2100100 Personnel Cost 11,101,573,153 6,775,945,240 7,024,613,310
2200100 Overhead Cost 10,643,980,822 3,883,148,101 10,669,458,000 80,205,301,100 90,140,283,380.00
Tetiary Institution a. (Subvention - Govt) 3,500,000,000   4,001,126,000 -38238456700 -40,780,543,236.00
                              b. (Sch. Contribution) 1,000,000,000   800,000,000 41,966,844,400 49,359,740,144.00
2204100 10% Contribution to LGA 900,000,000 91,271,974 900,000,000
2204200 2.5% Contribution to LGA Pen. Board 250,000,000 132,473,446 250,000,000
21001001 CREFC - Pensions and Gratuities 1,200,000,000 532,515,467 1,300,000,000
21001002 CREFC - Statutory Office Holder's Salaries 592,555,885 24,436,368 861,759,390
21001003 CREFC - Public Debt Charges 5,000,000,000 4,311,804,073 7,000,000,000
21001005 BTL Payment 3,531,633,830   3,431,500,000
Stablization Fund (Capital & Recurrent)     2,000,000,000
Total  37,719,743,690 15,751,594,669 38,238,456,700 96,528,893,690.00
Total  Capital Receipt 54,809,150,000   41,966,844,400 -92,997,259,860.00
ESTIMATED CAPITAL  EXPENDITURE 54,809,150,000   41,966,844,400 3,531,633,830.00
11010014 Administrative Sector 6,459,900,000 327,067,460 5,883,425,790
11010015 Economic Sector 27,509,150,000 2,532,589,056 23,836,440,000
11010016 Law and Justice 15,000,000 58,207,995 2,381,315,000
11010017 Regional Sector 257,000,000 - 303,590,000
11010018 Social Sector 10,676,700,000 552,751,594 8,142,894,000
Total  44,917,750,000 3,470,616,105 41,966,844,400
Total Expenditure (Budget size 2+3) 96,528,893,690   80,205,301,100
Budget Surplus (Deficit 1-3)      
FINANCING OF DEFICIT BY BORROWING      
11010019 Internal Loans 38,644,190,000   20,000,000,000
11010020 External Loans 1,000,000,000   0
Total 96,528,893,690   80,205,301,100