36
STATE OF MARYLAND
Revenue Estimates and Collections
Fiscal Year Ended June 30, 1980
|
|
GENERAL FUN
|
D
|
|
Estimated
|
...... Revenues
|
Collected ......
|
SOURCE
|
Budget
|
Fiscal Year Ended
|
June 30, 1980
|
|
Revenues 1980
|
|
|
|
Fiscal Year (1)
|
Amount
|
Excess or
Deficiency ( )
|
PROPERTY TAXES:
|
|
|
|
Real and Personal Property Tax ...........................
|
|
|
|
FRANCHISE AND CORPORATION TAXES:
|
|
|
|
Franchise Tax on Federal, Domestic and Foreign Building,
|
|
|
|
Savings and Loan Associations ....
|
$ 1,201,000
|
$ 1,077,028
|
$ (123,972)
|
Franchise Tax on Gross Receipts ..........................
|
61,489,000
|
59,459,854
|
(2,029,146)
|
Tax on Rolling Stock of Persons Other than Railroads ........
|
95,000
|
252,070
|
157,070
|
Franchise Tax on Net Earnings of Savings Banks, Building,
|
|
|
|
Savings and Loan Associations ........................
|
71,000
|
50,237
|
(20,763)
|
Bonus Tax .............................................
|
274,600
|
332, 263
|
57,663
|
Franchise Tax on Ordinary Business Corporations ...........
|
500
|
645
|
145
|
Franchise Tax on Net Earnings of Financial Institutions ......
|
12,000,000
|
17,739,052
|
5,739,052
|
Recording Fees .........................................
|
538,600
|
501,408
|
(37,192)
|
Foreign Corporation Filing Fees ...........................
Maryland Corporation Filing Fees .........................
|
483,000
905,000
|
528,440
1,082,547
|
45,440
177,547
|
Interest and Penalty ....................................
|
32,301
|
62,919
|
30,618
|
DEATH TAXES:
|
|
|
|
Collateral Inheritance Tax ...............................
|
10,750,000
|
12,031,021
|
1,281,021
|
Direct Inheritance Tax ...................................
|
3,975,000
|
4,211,651
|
236,651
|
Interest and Penalty on Inheritance Taxes ..................
|
17,867
|
18,266
|
399
|
Tax on Commissions of Executors and Administrators ........
|
1,875,000
|
2,013,392
|
138,392
|
Maryland Estate Tax ....................................
|
4,000,000
|
4,256,943
|
256,943
|
Interest on Maryland Estate Tax ..........................
|
130,037
|
135,114
|
5,077
|
ALCOHOLIC BEVERAGES TAXES AND LICENSES:
|
|
|
|
Tax on Liquor ..........................................
|
11,200,000
|
11,104,148
|
(95,852)
|
Tax on Wine ...........................................
|
3,250,000
|
3,295,600
|
45,600
|
Tax on Beer ............................................
|
4,550,000
|
4,744,080
|
194,080
|
Alcoholic Beverage Licenses ..............................
|
250,000
|
241,716
|
(8,284)
|
ADMISSIONS TAX .........................................
|
|
|
|
MOTOR VEHICLE FUEL TAXES AND LICENSES .............
|
|
|
|
FEDERAL REVENUE SHARING .............................
|
44,532,000
|
44,532,052
|
52
|
INCOME TAXES:
|
|
|
|
Corporation Income Taxes ................................
|
120,036,000
|
126,113,118
|
6,077,118
|
Individual Income Taxes .................................
|
1,103,577,000
|
1,096,899,145
|
(6,677,855)
|
RETAIL SALES AND USE TAX AND LICENSES ...............
|
716,887,000
|
712,883,100
|
(4,003,900)
|
STATE TOBACCO TAX AND LICENSES ......................
|
36,950,000
|
36,971,360
|
21,360
|
MOTOR VEHICLE TAX AND LICENSES:
|
|
|
|
Motor Vehicle Titling Tax ................................
|
27,200,000
|
25,419,153
|
. (1,780,847)
|
Motor Vehicle Registrations ..............................
|
225,000
|
257,639
|
32,639
|
INSURANCE COMPANY TAXES, LICENSES, AND FEES .......
|
57,952,000
|
57,474,614
|
(477,386)
|
HORSE RACE TAXES AND LICENSES .......................
|
11,832,000
|
10,922,202
|
(909,798)
|
DISTRICT COURTS FINES AND COSTS ......................
|
24,735,000
|
23,129,532
|
(1,605,468)
|
INTEREST ON INVESTMENTS ..............................
|
65,000,000
|
67,312,453
|
2,312,453
|
HOSPITAL PATIENT RECOVERIES:
|
|
|
|
Mental Hospitals ? Sponsors ..............................
Mental Hospitals ? Federal ...............................
|
8,300,000
4,800,000
|
9,713,067
4,311,814
|
1,413,067
(488,186)
|
Chronic Disease Hospitals ? Sponsors ......................
|
2,900,000
|
3,679,358
|
779,358
|
Chronic Disease Hospitals ? Federal .......................
|
2,700,000
|
2,573,121
|
(126,879)
|
Tuberculosis Hospital ? Federal ...........................
|
440,000
|
350,474
|
(89,526)
|
MISCELLANEOUS TAXES, FEES AND OTHER REVENUES:
|
|
|
|
Recordation Tax ........................................
|
120,000
|
8,433
|
(111,567)
|
Cigarette Sales Licenses .................................
|
|
|
|
Notary Commissions ....................................
|
142,130
|
45,410
|
(96,720)
|
3% Share Business Licenses .............................
|
110,642
|
141,195
|
30,553
|
Music Box Licenses, Etc.................................
|
152,298
|
200,903
|
48,605
|
|
![clear space](../../../images/clear.gif) |