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196
EXHIBIT F
Revenue Estimates and Collections
Fiscal Year Ended June 30, 1968
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GENERAL FUNDS
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Estimated
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... ... Revenues
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Collected ....
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SOURCE
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Budget
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Fiscal Year Ended
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June 30, 1968
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Revenues 1968
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Fiscal Year (1)
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Excess or
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Amount
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Deficiency ( )
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REAL AND PERSONAL PROPERTY TAXES
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FRANCHISE AND CORPORATION TAXES
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Bonus Taxes
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$ 130,000.00
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$ 136,071.00
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$ 6,071.00
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Federal, Domestic and Foreign Building, Savings and
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Loan Associations
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315,000.00
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318,954.60
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3,954.60
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Net Earnings of Savings Banks and Building, Savings
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and Loan Associations
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8,000.00
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8,729.43
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729.43
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Fees from Foreign Corporations
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160,000.00
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252,410.20
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92,410 20
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Gross Receipts — Railroads and Public Utilities
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16,055,000.00
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16,228,469.63
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173,469.63
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Ordinary Business Corporations
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418,000.00
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426,675.23
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8,675.23
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Rolling Stock of Persons Other Than Railroads
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64,000.00
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142,653.90
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78,653.90
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Interest and Penalty on Franchise Tax on Capital
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27,000.00
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32,929.33
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5,929.33
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TAX ON INSURANCE COMPANIES, ETC.
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16,200,000.00
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16,611,061.44
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411,061.44
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MOTOR VEHICLE TAXES, FEES, FINES:
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Fuel Taxes
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Revenue
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Titling Tax
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ALCOHOLIC BEVERAGES EXCISE TAXES, ETC.
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Liquor
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7,040,000.00
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7,574,772.59
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534,772.59
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Wine
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685,000.00
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713,451.82
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28,451.82
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Beer
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2,220,000.00
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2,190,348.69
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(29,651.31)
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Licenses
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170,000.00
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171,659.75
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1,659.75
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INCOME TAXES:
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Individuals
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296,327,000.00
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270,305,773.22
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(26,021,226.78)
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Corporations
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31,195,000.00
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32,458,706.72
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1,263,706.72
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RETAIL SALES AND USE TAXES
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144,692,000.00
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145,854,951.13
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1,162,951.13
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STATE TOBACCO TAX
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13,060,000.00
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12,990,168.16
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(69,831.84)
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TAX ON HORSE RACING
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8,257,000 00
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8,910,154.75
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653,154.75
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TAX ON ADMISSIONS
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DEATH TAXES:
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Collateral Inheritance Taxes
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4,800,000.00
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4,625,613.83
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(174,386.17)
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Direct Inheritance Taxes
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1,350,000 00
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1,536,245.03
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186,245.03
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Maryland Estate Tax
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2,500,000.00
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1,272,670.64
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(1,227,329.36)
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Tax on Commissions of Executors and Administrators
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1,050,000.00
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1,110,235.62
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60,235.62
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Interest on Inheritance Taxes
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20,000 00
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20,926.19
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92619
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MISCELLANEOUS FEES, FINES, FORFEITURES:
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Shares of Locally Collected State Licenses (3%)
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85,000.00
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87,063.36
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2,063.36
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Penalty on Licenses
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2,400.00
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2,209.47
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(190.53)
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Excess Fees of Office
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1,400,000.00
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1,773,677.24
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373,677.24
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Notary Commission Fees
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45,000.00
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44,432.30
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(567.70)
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Recording Fees
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95,000.00
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140,735.58
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45,735.58
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Music Box Licenses, Etc.
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205,000.00
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156,225.51
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(48,774.49)
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Recordation Tax
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50,000.00
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77,473.16
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27,473.16
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Dormant Accounts
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61,00000
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54,118.07
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(6,881.93)
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Unfair Cigarette Sales Act
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Non-Resident Contractors and Subcontractors
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2,000.00
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1,550.00
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(450.00)
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Public Service Companies Filing Fees
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525,000.00
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543,355.00
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18,355.00
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Miscellaneous
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19,333.09
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19,333.09
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MISCELLANEOUS REVENUES:
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Northern Central Railway Annuity
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90,000.00
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90,000.00
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Interest on Investments
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4,000,000.00
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5,423,284.01
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1,423,284.01
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Training School Maintenance Assistance from
Baltimore City and Counties
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42,790.33
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42,790.33
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Mental Hospital Maintenance Recoveries from Sponsors
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4,000,000.00
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3,890,775.73
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(109,224.27)
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Mental Hospital Recoveries — Medicare
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350,000.00
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616,822.19
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266,822.19
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