130 REPORT OF THE COMPTROLLER OF THE TREASURY
EXHIBIT H
Statement of Revenue Estimates and Collections
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GENERAL FUND
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Revenues C
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Collected (2)
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Estimated
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Budget
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SOURCE
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Revenues 1961
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Fiscal Year End
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ed June 30, 1961
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Fiscal Year (1)
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Amount
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Excess or
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Deficiency*
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REAL AND PERSONAL PROPERTY TAXES
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Loan Taxes
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$125.86
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$125 86
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Interest and Penalty, Delinquent Taxes
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$ 25,000 00
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31,396 05
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6,396.06
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FRANCHISE AND CORPORATION TAXES
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Bonus Taxes
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115,000 00
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111,859.00
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3,141.00*
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Deposits of Savings Banks
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145,000.00
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142,070.08
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2,929.92*
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Fees from Foreign Corporations
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110,000.00
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111,965.00
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1,965.00
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Gross Receipts (Railroads and Public Utilities)
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10,240,000.00
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10,268,997.31
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28,997.81
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Ordinary Business Corporations
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287,500.00
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300,860.22
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13,360.22
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Rolling Stock of Persons Other Than Railroads
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60,000 00
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47,828 50
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2,171.60*
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Interest and Penalty on Franchise Tax on Capital
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7,000 00
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10,777 69
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3,777.69
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TAX ON INSURANCE COMPANIES, ETC.
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9,500,000 00
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9,694 928.71
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194,928.71
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MOTOR VEHICLE TAXES, FEES AND FINES
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Motor Vehicle Fuel Taxes
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Motor Vehicle Revenue
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Motor Vehicle Titling Tax
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ALCOHOLIC BEVERAGES EXCISE TAXES, ETC
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Liquor
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4,390,000 00
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4,512,471.98
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142,471.98
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Wine
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615,000 00
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621,429.68
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6,429.68
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Beer
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1,790,000 00
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1,719,907 50
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70,092.60*
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Licenses
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160,000 00
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169,286.71
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9,286.71
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INCOME TAXES
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87,629,000.00
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87,667,325 57
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88,826.57
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RETAIL SALES AND USE TAXES
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78,046,000.00
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76,776,809 23
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1,269,190.77*
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STATE TOBACCO TAX
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State Levy
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11,330,000 00
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10,774,200.75
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556,799.25 *
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Local Levies
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70,192.82
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70,192.82
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TAX ON HORSE RACING
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6,928,500.00
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6,184,418.10
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256,918.10
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TAX ON ADMISSIONS
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DEATH TAXES
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Collateral Inheritance Tax
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8,200,000.00
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8,286,081.26
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86,081.26
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Direct Inheritance Tax
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975,000.00
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1,130,476.95
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165,476.95
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Maryland Estate Tax
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750,000.00
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505,463.89
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244,636.11*
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Tax on Commissions of Executors and Administrators
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625,000.00
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613,312.80
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88,312.80
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Interest on Inheritance Taxes
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8,500.00
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11,248.68
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7,748.68
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MISCELLANEOUS FEES. FINES AND FORFEITURES
Commission on Locally Snared Licenses (3%)
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70,000.00
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68,976.66
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1,028.84*
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Penalty on Licenses
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2,000.00
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1,512.27
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487.73*
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Excess Fees of Office
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1,000,000.00
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1,107.424.47
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107,424.47
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Notary Commission Fees
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80,000.00
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87,046.70
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7,046.70
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Recording Feea
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80,000.00
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71,458.87
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8,641.13*
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Music Box Licenses, Etc
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160,000.00
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163,500.40
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8,600.40
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Recordation Tax
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10,000.00
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2,861.57
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7,138.48*
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Dormant Accounts
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20,000.00
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26,187.11
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6,187.11
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Unfair Cigarette Sales Act
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Public Service Commission Filing Fees
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220,000 00
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222,644.59
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2,544.59
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Miscellaneous
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2,762.19
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2,762.19
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