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Budget 2012-13 provides $36.5 million for the Student Aid Fund, an increase of $6.7 million.

Fire Prevention Tax

Authority

Collected under the authority of section 29 of The Fire Prevention Act, 1992.

Basis

Imposes a tax on insurance companies for all fire insurance premiums.

Rate

1% of gross fire insurance premiums.

Due Date

March 15.

Revenue

Year	Revenue
1995/96	$2,187,000
1996/97	$2,327,000
1997/98	$2,387,000
1998/99	$2,315,000
1999/00	$3,652,000
2000/01	$2,164,000
2001/02	$2,666,000
2002/03	$2,964,000
2003/04	$3,143,000
2004/05	$3,342,000
2005/06	$3,429,000
2006/07	$3,722,000
2007/08	$3,837,000
2008/09	$4,774,000
2009-10 (Budget)	$3,935,000

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