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316
STATE OF MARYLAND
Receipts from Tax on Horse Racing and Track Licenses
For the Fiscal Year Ended June 30, 1975
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TOTAL
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Collected by the Maryland Racing Commission
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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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1974
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1976
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ONE MILE TRACKS:
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Southern Maryland Agricultural Association — Bowie
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$ 6,483,418 40
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$ 1,987,236 80
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$ 4,496.181 60
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Laurel Race Course, Inc — Laurel
Maryland Jockey Club of Baltimore City — Pimlico
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8,681,347 20
4.014,321 06
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8.681347 20
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4,014,321 05
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TOTAL
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14,079.086 66
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6.568,584 00
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8,510,602 65
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HALF MILE TRACKS-
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Maryland State Fair and Agricultural Society of Baltimore County — Timonium
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1,199,353 99
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1,199,853 93
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TROTTING AND PACING TRACKS
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Ocean Downs Racing Association, Inc — Berlin
Roeecroft Trotting and Pacing Association, Inc — Oxon Hill
Laurel Harness Racing Association, Inc — Laurel
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216,291 36
1,658,860 24
1,001,582 00
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216,291 36
626,972 62
1,001,682 00
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1,032,387 62
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TOTAL
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2,876,188 60
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1,848,795 98
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1,082,387 62
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STEEPLECHASE
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Cecil County Breeders Fair, Inc — Fairhill
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86,788 60
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19.231 30
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17,657 30
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GRAND TOTAL
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$ 18,191,41278
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$ 8,680,965 21
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$ 9,560,447 57
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DISTRIBUTION OF REVENUE
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ONE MILE TRACK LICENSES
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Baltimore City and Counties
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$ 2,874,364 00
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$ 728,407 54
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$ 2,145,966 46
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General Fund
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9,217,485 85
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2,852,989 66
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6,864,546 19
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TOTAL
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12,091,849 85
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8,681,847 20
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8,510,502 65
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HALF MILE TRACK LICENSES
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Baltimore City and Counties
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195,989 77
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196,989 77
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General Fund
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2,990.600 96
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2,990,600 96
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TOTAL
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8.186,590 78
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8,186.590 73
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TROTTING AND PACING TRACK LICENSES
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Baltimore City and Counties
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466,082 60
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264,616 36
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201,466 14
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General Fund
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2,410,101 10
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1,579,179 62
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830,921 48
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TOTAL
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2,876,183 60
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1,848,796 98
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1,032,387 62
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STEEPLECHASE LICENSES
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General Fund
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36,788 60
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19,231 80
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17,557 80
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GRAND TOTAL
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$18,191,41278
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$ 8,630,966 21
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$ 9,660,447 57
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ALLOCATION OF NET RECEIPTS
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General Fund Revenue
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$14,851,47651
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Special Fund Attainment
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To Subdivisions
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3,106,465 21
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To Poet Mortem Examiners
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429,971 06
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To State Fair Board
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303,600 00
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GRAND TOTAL
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$18,191.41278
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NOTE State tax rates are predicated on the type of track where the races 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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