|
240
STATE OF MARYLAND
Receipts from Tax on Horse Racing and Track Licenses
For the Fiscal Year Ended June 30, 1970
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Collected by the Maryand Radng Commission
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TOTAL
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|
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SOURCE OF REVENUE
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Total
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Summer-Fall
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Winter-Spring
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|
|
|
1969
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1970
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ONE MILE TRACKS
|
|
|
|
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Southern Maryland Agricultural Association — Bowie
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$ 8.186,394 44
|
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$3,186,394 44
|
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Laurel Race Course, Inc — Laurel
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2.915,244 15
|
$ 2,707,925 72
|
207,818 48
|
|
Maryland Jockey Club of Baltimore City — Pimlico
|
3,685,671 94
|
|
3,585,671 94
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TOTAL
|
9,687,310 53
|
$ 2,707,925 72
|
$ 6,979,384 81
|
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HALF MILE TRACKS
|
|
|
|
|
Maryland State Fair and Agricultural Society of Baltimore County — Timonium
Southern Maryland Agricultural Association, Inc — Marlboro
Agricultural and Mechanical Association of Washington County — Hagerstown
|
$ 959,248 59
619,121 58
217,918 52
|
$ 959.248 59
619,121 58
217,918 52
|
|
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TOTAL
|
$ 1,796,288 69
|
$ 1,796,288 69
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|
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TROTTING AND PACING TRACKS
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|
|
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Ocean Downs Racing Association, Inc — Berlin
Rosecroft Trotting and Pacing Association Inc — Oxon Hill
Laurel Harness Racing Association, Inc. — Laurel
|
$ 150,477 50
805,778 78
804,100 71
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$ 160,477 60
804,100 71
|
$ 805,778 78
|
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TOTAL
|
$ 1,760,351 99
|
$ 954,578 21
|
$ 805,773 78
|
|
STEEPLECHASE
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|
|
|
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Cecil County Breeders Fair, Inc — Fairhill
|
$ 26,089 70
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$ 14,530 85
|
$ 11,568 85
|
|
GRAND TOTAL
|
$ 13,270,040 91
|
$ 5,473,323 47
|
$ 7,796 717 44
|
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DISTRIBUTION OF REVENUE
|
|
|
|
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ONE MILE TRACK LICENSEES.
|
|
|
|
|
Baltimore City and Counties
|
$ 2,546.692 30
|
$ 755,650 55
|
$ 1,791,041 75
|
|
General Fund
|
4,720.374 30
|
1,248,406 55
|
3,471,967 75
|
|
TOTAL
|
$ 7.266.966 60
|
$ 2,003,957 10
|
$ 5,263,009 50
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HALF MILE TRACK LICENSEES
|
|
|
|
|
Baltimore City and Counties
|
$ 464,317 11
|
$ 276,180 10
|
$ 188,137 01
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|
General Fund
|
2,256,940 11
|
1.520,108 59
|
736,831 52
|
|
TOTAL
|
$ 2,721,257 22
|
I 1,796,288 69
|
$ 924,968 53
|
|
TROTTING AND PACING TRACK LICENSEES
|
|
|
|
|
Baltimore City and Counties
|
$ 904,648 49
|
$ 407,307 57
|
$ 497,840 92
|
|
General Fund
|
2,361,078 90
|
1,251,2^9 26
|
1,099,839 64
|
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TOTAL
|
$ 8,256,727 39
|
$ 1.658,546 83
|
$ 1.597,180 66
|
|
|
|
|
|
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STEEPLECHASE LICENSEES
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|
|
|
|
General Fund
|
$ 26,089 70
|
$14,530 85
|
$ 11,558 86
|
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GRAND TOTAL
|
$ 13,270,04091
|
5,473,323 47
|
$ 7,796,717 44
|
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Allocation of Net Receipts
General Fund Revenue
|
$ 9.049.762 36
|
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Special Fund Attainment.
|
|
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to Subdivisions
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8.667.501 60
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to Post Mortem Examiners
|
348,056 30
|
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to State Fair Board
|
804,730 65
|
|
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$ 13,270,04091
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NOTE State tax rates are predicated on the type of track where the race$are run, whereas, the distribution of these taxes is based on the type of
license under which the races are run
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