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Annual Report of the Comptroller, 1961
Volume 325, Page 130   View pdf image (33K)
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130 REPORT OF THE COMPTROLLER OF THE TREASURY

EXHIBIT H
Statement of Revenue Estimates and Collections

 

 

GENERAL FUND

 
   

Revenues C

Collected (2)

 

Estimated

   
 

Budget

   

SOURCE

Revenues 1961

Fiscal Year End

ed June 30, 1961

 

Fiscal Year (1)

   
   

Amount

Excess or

     

Deficiency*

REAL AND PERSONAL PROPERTY TAXES

     

Loan Taxes

 

$125.86

$125 86

Interest and Penalty, Delinquent Taxes

$ 25,000 00

31,396 05

6,396.06

FRANCHISE AND CORPORATION TAXES

     

Bonus Taxes

115,000 00

111,859.00

3,141.00*

Deposits of Savings Banks

145,000.00

142,070.08

2,929.92*

Fees from Foreign Corporations

110,000.00

111,965.00

1,965.00

Gross Receipts (Railroads and Public Utilities)

10,240,000.00

10,268,997.31

28,997.81

Ordinary Business Corporations

287,500.00

300,860.22

13,360.22

Rolling Stock of Persons Other Than Railroads

60,000 00

47,828 50

2,171.60*

Interest and Penalty on Franchise Tax on Capital

7,000 00

10,777 69

3,777.69

TAX ON INSURANCE COMPANIES, ETC.

9,500,000 00

9,694 928.71

194,928.71

MOTOR VEHICLE TAXES, FEES AND FINES

     

Motor Vehicle Fuel Taxes

   

Motor Vehicle Revenue

   

Motor Vehicle Titling Tax

     

ALCOHOLIC BEVERAGES EXCISE TAXES, ETC

     

Liquor

4,390,000 00

4,512,471.98

142,471.98

Wine

615,000 00

621,429.68

6,429.68

Beer

1,790,000 00

1,719,907 50

70,092.60*

Licenses

160,000 00

169,286.71

9,286.71

INCOME TAXES

87,629,000.00

87,667,325 57

88,826.57

RETAIL SALES AND USE TAXES

78,046,000.00

76,776,809 23

1,269,190.77*

STATE TOBACCO TAX

     

State Levy

11,330,000 00

10,774,200.75

556,799.25 *

Local Levies

 

70,192.82

70,192.82

TAX ON HORSE RACING

6,928,500.00

6,184,418.10

256,918.10

TAX ON ADMISSIONS

 

 

DEATH TAXES

     

Collateral Inheritance Tax

8,200,000.00

8,286,081.26

86,081.26

Direct Inheritance Tax

975,000.00

1,130,476.95

165,476.95

Maryland Estate Tax

750,000.00

505,463.89

244,636.11*

Tax on Commissions of Executors and Administrators

625,000.00

613,312.80

88,312.80

Interest on Inheritance Taxes

8,500.00

11,248.68

7,748.68

MISCELLANEOUS FEES. FINES AND FORFEITURES
Commission on Locally Snared Licenses (3%)

70,000.00

68,976.66

1,028.84*

Penalty on Licenses

2,000.00

1,512.27

487.73*

Excess Fees of Office

1,000,000.00

1,107.424.47

107,424.47

Notary Commission Fees

80,000.00

87,046.70

7,046.70

Recording Feea

80,000.00

71,458.87

8,641.13*

Music Box Licenses, Etc

160,000.00

163,500.40

8,600.40

Recordation Tax

10,000.00

2,861.57

7,138.48*

Dormant Accounts

20,000.00

26,187.11

6,187.11

Unfair Cigarette Sales Act

     

Public Service Commission Filing Fees

220,000 00

222,644.59

2,544.59

Miscellaneous

2,762.19

2,762.19

 

 

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Annual Report of the Comptroller, 1961
Volume 325, Page 130   View pdf image (33K)   << PREVIOUS  NEXT >>


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