58

STATE OF MARYLAND

Revenues from Tax on Horse Racing and Track Licenses
For the Fiscal Year Ended June 30,1979

Collected by the Maryland Racing Commission		TOTAL
SOURCE OF REVENUE	Total	Summer-Fall	Winter-Spring
		1978	1979
ONE MILE TRACKS:
Southern Maryland Agricultural Association — Bowie..........................	$5,581,151.06	$1,642,514.08	$3,938,636.98
Laurel Race Course, Inc. — Laurel ..........................................	3,299,992.67	3,299,992.67
Maryland Jockey Club of Baltimore City — Pimlico ............................	5,179,291.58	898,468.41	4,280,823.17
TOTAL ............................................................	14,060,435.31	5,840,975.16	8,219,460.15
HALF MILE TRACKS:
Maryland State Fair and Agricultural Society of Balto. Co. — Timonium...........	1,155,786.07	1,155,786.07
TROTTING AND PACING TRACKS:
Ocean Downs Racing Association, Inc. — Berlin ...............................	622,037.49	619,912.49	2,125.00
Rosecroft Trotting and Pacing Association, Inc. — Oxon Hill .....................	2,662,175.91	334,527.37	2,327,648.54
Laurel Harness Racing Association, Inc. — Rosecroft ............................	2,142,780.79	1,970,955.77	171,825.02
TOTAL ............................................................	5,426,994.19	2,925,395.63	2,501,598.56
STEEPLECHASE:
Cecil County Breeders Fair, Inc. — Fairhill ...................................	80,842.16	32,758.24	48,083.92
GRANDTOTAL ....................................................	$20,724,057.73	$9,954,915.10	$10,769,142.63
DISTRIBUTION OF REVENUE
ONE MILE TRACK LICENSES:
Baltimore City and Counties ..............................................	$3,118,735.92	$1,085,094.77	$2,033,641.15
General Fund ..........................................................	9,299,185.31	3,113,366.31	6,185,819.00
TOTAL ............................................................	12,417,921.23	4,198,461.08	8,219,460.15
HALF MILE TRACK LICENSES:
Baltimore City and Counties ..............................................	425,015.71	425,015.71
General Fund ..........................................................	2,373,284.44	2,373,284.44
TOTAL ............................................................	2,798,300.15	2,798,300.15
TROTTING AND PACING TRACK LICENSES:
Baltimore City and Counties ..............................................	465,033.64	274,706.20	190,327.44
General Fund ..........................................................	4,961,960.55	2,822,514.45	2,139,446.10
TOTAL ............................................................	5,426,994.19	3,097,220.65	2,329,773.54
STEEPLECHASE LICENSES:
Fairhill Improvement Fund ...............................................	80,842.16	32,758.24	48,083.92
GRANDTOTAL ....................................................	(a) $20,724,057.73	$10,126,740.12	$10,597,317.61
ALLOCATION OF NET REVENUES:
General Fund Revenue...................................................	$15,230,930.30
SPECIAL FUND ATTAINMENT:
To Subdivisions ........................................................	3,481,095.35
To Post Mortem Examiners ....................................................	527,689.92
To State Fair Board ...........................................................	1,403,500.00
To Fairhill Improvement Fund .................................................	80,842.16
GRANDTOTAL ....................................................	$20,724,057.73

NOTES:

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.

(a) The above tax on wagers and license includes $571,000 and $242,050 respectively collected for the Fiscal Year 1979 which will be reported on
Exhibit A-l of this volume in Fiscal Year 1980.