58

STATE OF MARYLAND

Revenues from Tax on Horse Racing and Track Licenses
For The Fiscal Year Ended June 30, 1981

Collected by the Maryland Racing Commission		TOTAL
SOURCE OF REVENUE	Total	Summer-Fall	Winter-Spring
		1980	1981
ONE MILE TRACKS:
Southern Maryland Agricultural Association — Bowie ..........................	$ 4,832,247	$2,091,949	$2,740,298
Laurel Race Course, Inc. — Laurel ..........................................	2,740,340	2,740,340
Maryland Jockey Club of Baltimore City — Pimlico ............................	4,190,804		4,190,804
TOTAL ............................................................	11,763,391	4,832,289	6,931,102
HALF MILE TRACKS:
Maryland State Fair and Agricultural Society of Balto. Co. — Timonium.	646,575	646,575
TROTTING AND PACING TRACKS:
Ocean Downs Racing Association, Inc. — Berlin ...............................	242,086	239,961	2,125
Rosecroft Trotting and Pacing Association, Inc. — Oxon Hill .....................	2,082,504		2,082,504
Freestate Raceway ......................................................	1,959,564	1,959,564
TOTAL ............................................................	4,284,154	2,199,525	2,084,629
STEEPLECHASE:
Cecil County Breeders Fair, Inc. — Fairhill ...................................	37,687		37,687
GRAND TOTAL' ....................................................	$16,731,807	$7,678,389	$9,053,418
DISTRIBUTION OF REVENUE
ONE MILE TRACK LICENSES:
Baltimore City and Counties ..............................................	$2,729,104	$9,014,980	$1,827,606
General Fund ..........................................................	7,669,498	2,378,507	5,290,991
TOTAL ............................................................	10,398,602	3,280,005	7,118,597
HALF MILE TRACK LICENSES:
Baltimore City and Counties ..............................................	312,417	312,417
General Fund ..........................................................	1,698,948	1,698,948
TOTAL ............................................................	2,011,365	2,011,365
TROTTING AND PACING TRACK LICENSES:
Baltimore City and Counties ..............................................	393,165	211,393	181,772
General Fund ..........................................................	3,890,988	1,988,131	1,902,857
TOTAL ............................................................	4,284,153	2,199,524	2,084,629
STEEPLECHASE LICENSES:
Fairhill Improvement Fund ...............................................	37,687		37,687
GRAND TOTAL ....................................................	$16,731,807	$7,490,894	$9,240,913
ALLOCATION OF NET REVENUES:
General Fund Revenue ...................................................	$11,859,433
SPECIAL FUND ATTAINMENT:
To Subdivisions ........................................................	3,434,687
To State Fair Board ...........................................................	1,400,000
To Fairhill Improvement Fund .................................................	37,687
GRAND TOTAL ....................................................	$16,731,807

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 adjustment for distribution errors in 1980 for One Mile Tracks, Tax on Wagers of $108,590 from General Fund to
political subdivisions.