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58
STATE OF MARYLAND
Revenues from Tax on Horse Racing and Track Licenses
For the Fiscal Year Ended June 30, 1980 (B)
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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1979
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1980
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ONE MILE TRACKS:
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Southern Maryland Agricultural Association — Bowie..........................
Laurel Race Course, Inc. — Laurel ..........................................
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$4,931,385
3,225,355
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$1,255,646
2,919,897
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$3,675,739
305,458
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Maryland Jockey Club of Baltimore City — Pimlico ............................
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3,296,659
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272,621
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3,024,038
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TOTAL ............................................................
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11,453,399
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4,448,164
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7,005,235
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HALF MILE TRACKS:
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Maryland State Fair and Agricultural Society of Balto. Co. — Timonium...........
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644,088
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644,088
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TROTTING AND PACING TRACKS:
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Ocean Downs Racing Association, Inc. — Berlin ...............................
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276,749
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274,999
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1,750
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Rosecrofl Trotting and Pacing Association, Inc. — Oxon Hill .....................
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2,226,291
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2,226,291
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Laurel Harness Racing Association, Inc. — Rosecrofl ............................
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1,688,350
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1,688,350
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TOTAL .............................................................
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4,191,390
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1,963,349
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2,228,041
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STEEPLECHASE:
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Cecil County Breeders Fair, Inc.— Fairhill ...................................
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35,278
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35,278
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GRAND TOTAL ....................................................
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$16,324,155
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$7,055,601
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$9,268,554
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DISTRIBUTION OF REVENUE
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ONE MILE TRACK LICENSES:
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Baltimore City and Counties ..............................................
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$ 2,598,931
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$683,985
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$ 1,914,946
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General Fund ...........................................................
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7,742,791
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2,508,533
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' 5,234,258
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TOTAL ............................................................
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10,341,722
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3,192,518
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7,149,204
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HALF MILE TRACK LICENSES:
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Baltimore City and Counties ..............................................
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291,034
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291,034
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General Fund ...........................................................
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1,464,729
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1,464,729
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TOTAL ............................................................
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1,755,763
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1,755,763
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TROTTING AND PACING TRACK LICENSES:
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Baltimore City and Counties ..............................................
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1,961,974
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180,129
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1,781,845
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General Fund ..........................................................
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2,229,416
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251,380
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1,978,036
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TOTAL ............................................................
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4,191,390
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431,509
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3,759,881
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STEEPLECHASE LICENSES:
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Fairhill Improvement Fund ...............................................
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35,278
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35,278
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GRAND TOTAL ....................................................
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$16,324,153
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$5,379,790
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$10,944,363
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ALLOCATION OF NET REVENUES:
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General Fund Revenue ...................................................
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$10,922,204
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SPECIAL FUND ATTAINMENT:
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To Subdivisions ........................................................
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3,344,098
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To Post Mortem Examiners ....................................................
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615,573
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To State Fair Board ...........................................................
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1,407,000
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To Fairhill Improvement Fund .................................................
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35,278
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GRAND TOTAL ......................................................
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$16,324,153
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NOTES:
State Tax rates are predicted on the type of track where the races are run, whereas, the distribution of these taxes is based
on the type of license.
(A): Includes operating transfers of $1,490,133 not included in Exhibit A-l.
(B) Includes License Revenue in the amount of approximately $286,500.
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