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Detailed Summary of Revenues
Fiscal Year 1974 Showing Changes From Fiscal Year 1973
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Fiscal Year 1974
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Fiscal Year 1973
(Rounded to nearest $1 ,000
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1974 Increase or
(Decrease)
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INCOME TAXES
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Individuals ..................................
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$581,699,000
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$515,933,000
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$65,766,000
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Corporations ................................
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81,209,000
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72,044,000
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9,165,000
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Total .................
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$662,908,000
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$587,977,000
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$74,931,000
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RETAIL SALES AND USE TAXES .....................
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$364,717,000
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$353,966,000
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$10,751,000
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MOTOR VEHICLE USER TAXES, FEES
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Motor Vehicle Fuel Taxes.......................
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$172,403,000
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$171,712,000
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$ 691,000
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Motor Vehicle Licenses, Fees....................
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79,754,000
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74,280,000
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5,474,000
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Motor Vehicle Titling Tax.......................
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62,917,000
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66,297,000
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(3,380,000)
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Total .................
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$315,074,000
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$312,289,000
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$ 2,785,000
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PROPERTY, FRANCHISE, EXCISE TAXES
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Real and Personal Property Tax..................
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$ 49,938,000
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$ 45,839,000
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$ 4,099,000
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Property Transfer Tax ..........................
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14,459,000
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15,020,000
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(561,000)
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Business Franchise Taxes ......................
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41,340,000
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36,791,000
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4,549,000
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State Tobacco Tax ............................
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33,520,000
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31,692,000
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1,828,000
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Tax on Insurance Companies....................
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28,854,000
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25,773,000
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3,081,000
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Tax on Distilled Spirits, Wine, Beer...............
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26,133,000
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25,073,000
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1,060,000
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Tax on Horse Racing ..........................
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16,534,000
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15,696,000
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838,000
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Death Taxes .................................
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14,724,000
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13,140,000
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1,584,000
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Total .................
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$225,502,000
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. $209,024,000
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$16,478,000
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SUNDRY FEES, LICENSES, SERVICE CHARGES
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Tuition Fees — University of Maryland, State Colleges. .
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$ 75,321,000
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$ 66,762,000
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$ 8,559,000
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Mass Transit, Port, Aviation Income...............
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47,631,000
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39,820,000
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7,811,000
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Other Fees, Licenses, Charges, Reimbursements .....
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98,631,000
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71,410,000
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27,221,000
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Interest on Invested General Funds...............
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22,014,000
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12,601,000
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9,413,000
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District Courts ...............................
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14,461,000
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12,515,000
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1,946,000
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State Lottery Receipts .........................
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31,599,000
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6,298,000
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25,301,000
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Total .................
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$289,657,000
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$209,406,000
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$80,251,000
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STATE CONSTRUCTION BOND ISSUES...............
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$162,150,000
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$193,505,000
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$(31,355,000)
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FEDERAL RECEIPTS
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Social Services ...............................
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$138,542,000
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$155,514,000
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$(16,972,000)
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Highway Construction Reimbursements............
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95,782,000
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81,538,000
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14,244,000
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Public Education ..............................
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71,878,000
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84,437,000
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(12,559,000)
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Public Health ................................
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102,521,000
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91,045,000
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11,476,000
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Civil Defense, Etc.............................
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21,890,000
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15,765,000
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6,125,000
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Federal Revenue Sharing .......................
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54,445,000
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40,769,000
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13,676,000
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Total .................
GRAND TOTAL........
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$485,058,000
$2,505,066,000
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$469,068,000
$2,335,235,000
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$15,990,000
$169,831,000
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