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250
STATE OF MARYLAND
Receipts from Tax on Horse Racing and Track Licenses
For the Fiscal Year Ended June 30, 1971
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Collected by the Maryland Racing Commission
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TOTAL
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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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1970
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1971
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ONE MILE TRACKS.
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Southern Maryland Agriculture Association — Bowie
Laurel Race Course, Inc — Laurel
Maryland Jockey Club of Baltimore City — Pimlico
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$ 3,833,517 05
3,247,681 46
3,631,910 75
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$ 3,165,726 25
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$ 3,833,517 05
81,955 21
3,631,91075
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TOTAL
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$10,711,109 26
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$ 3,165,726 25
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$7,547,383 01
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HALF MILE TRACKS
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|
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Maryland State Fair and Agricultural Society of Baltimore County — Timonium
Southern Maryland Agricultural Association, Inc — Marlboro
Agricultural and Mechanical Association of Washington County — Hagerstown
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$ 1,006,792 55
680,921 00
286,067 03
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$ 1,006,792 55
680,921 00
286,067 03
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TOTAL
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$ 1,973 780 58
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$ 1,973,780 58
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TROTTING AND PACING TRACKS
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Ocean Downs Racing Association, Inc — Berlin
Rosecroft Trotting and Pacing Association, Inc — Oxon Hill
Laurel Harness Racing Association, Inc — Laurel
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$ 150,415 09
1,141,47407
848,434 84
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$ 150,415 09
159,885 39
847,384 84
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981,588 68
1,050 00
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TOTAL
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$ 2,140,324 00
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$ 1,157,685 32
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$ 982,638 68
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STEEPLECHASE
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Cecil County Breeders Fair, Inc — Fairhill
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$ 29,873 35
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$ 17,479 60
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$ 12 393 75
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GRAND TOTAL
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$14,857 087 19
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$ 6,314,671 75
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$ 8,542,415 44
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DISTRIBUTION OF REVENUE
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ONE MILE TRACK LICENSEES
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Baltimore City and Counties
General Fund
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$ 2,556,039 76
5,957,453 96
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$ 698,684 09
1.761.044 68
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I 1,857,355 67
4,196,409 43
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TOTAL
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$ 8,513,493 72
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$2,459,728 62
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t 6,053,765 10
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HALF MILE TRACK LICENSEES
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Baltimore City and Counties
General Fund
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$ 500,847 18
2,272,322 15
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$336,417 38
1,637,363 20
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I 164,429 80
634,958 95
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TOTAL
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$ 2,773,169 33
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$ 1,973,780 58
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$ 799,388 75
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TROTTING AND PACING TRACK LICENSEES
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Baltimore City and Counties
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$ 876,416 46
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$ 396,874 00
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$ 479,542 46
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General Fund
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2,664,134 33
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1,466,808 95
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1,197,325 38
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TOTAL
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$ 3,540,550 79
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$ 1,863,682 96
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$ 1,676,867 84
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STEEPLECHASE LICENSEES
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|
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General Fund
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$ 29,873 35
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$ 17,479 60
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$ 12393 75
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GRAND TOTAL
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$14,857,087 19
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$ 6,314,671 75
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$ 8,642,415 44
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Allocation of Net Receipts.
General Fund Revenue $10,619,051 36
Special Fund Attainment:
to Subdivisions 3,572,380 62
to Post Mortem Examiners 360,922 78
to State Fair Board 304,732 43
TOTAL | 14,857,087 19
NOTE State tax rates are predicated on the type of track where the races are run, whereas, the distribution of these taxes la based on the type of
license under which the races are run
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