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Annual Report of the Comptroller, 1955
Volume 319, Page 82   View pdf image (33K)
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STATEMENT B—8
Receipts from Tax on Horse Racing for the Fiscal Year Ended June 30, 1955

SOURCE

LOCATION OF
TRACKS

LICENSE
FEE

TAX ON
WAGERS

BREAKAGE

TOTAL

ONE MILE TRACKS:
Southern Maryland Agricultural Association..................... ....

Bowie

$ 45,000.00

$1,846,325.68

$293,559.10

$2,184,884.78

Maryland State Fair, Inc

Laure,

34,000.00

1,283,437.12

207,338.55

1,524,775.67

Maryland Jockey Club of Baltimore City........................

Pimlico

33,000.00

1,339,354.52

204,461.30

1,576.815.82

Total................................................

.....................

$ 112,000.00

$4,469,117.32

$ 705,358.95

$5,286,476.27

HALF MILE TRACKS:

         

Harford County Fair Association, Inc. .................. .... .

Bel Air

 

$ 163,737.78

$ 25,338.97

(A)$189,076.75

Cumberland Fair Association . . . . ...

Cumberland

 

52,680.36

24,633.69

(C) 77,314.05

Agricultural and Mechanical Association of Washington County........
Southern Maryland Agricultural Farm Association, Inc............ .....

Hagerstown
Marlboro

 

143,678.48
170,677.60

21,365.52
28,436.20

(A) 165,039.00
(A) 199,013.80

Maryland State Fair and Agricultural Society of Baltimore County

Timonium

........

159,588.24

26,091.66

(A) 185,679.90

Total.................................................

 

........

$690,257.46

$ 125,866.04

$816,123.50

TROTTING AND PACING MEETS:

         

Baltimore Trotting Races, Inc................................ .

Baltimore

$ 1,000.00

$ 177,701.06

$82,323.84

(A) $261, 024.90

Ocean Downs Racing Association, Inc..................................

Berlin

500.00

50,687.48

39,747.12

(A) 90,934.60

Laurel Harness Racine Association, Inc........ ............. .... .

Laurel

500.00

382,835.61

177,466.02

(C) 560,801.63

Rosecroft Trotting and Pacing Association, Inc................... ...

Oxon Hill

500.00

211,559.65

88,966.28

(B) 301,025.93

Total.............................................

.....................

$ 2,500.00

$822,783.80

$ 388,503.26

$1,213,787.»6

STEEPLE CHASE:

         

Cecil County Breeders Fair, Inc. ........................... .

Fairhill

 

$ 3,490.57

$ 366.50*

$ 8,124.07

GRAND TOTAL............................... .

..............

$ 114,500.00

$5,985,649.15

$1,219,361.75

$7,319,510.90

ALLOCATION

         

MARYLAND STATE FAIR BOARD........................... .

   

$ 124,500.46

$125,499.54

$ 250,000.00

BALTIMORE CITY AND THE COUNTIES......................

 

$57,250.00

2,818,898.03

646,931.10

(D)2,422r579.13

GENERAL FUND .... .................. .

. .

57,250.00

8,042,750.66

646,931.11

3,646,931.77

TOTAL........................................

 

$ 114,500.00

$5,985,649.15

$1,219,361.75

$7,319,510.90

* Denotes Red Figures.

(A) 1954 Meet Only.

(B) 1955 Meet Only.

(C) 1954 and 1955 Meets.

(D) Of this amount allocation of $49,000.00 was first made for the appropriation of the Department of Post Mortem Examiners. This left a balance ot
$3,373,579.13 for distribution to Baltimore City and the Counties. See Statement A—9-3 for amounts distributed.

 

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Annual Report of the Comptroller, 1955
Volume 319, Page 82   View pdf image (33K)
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