56
STATE OF MARYLAND
Revenues from Tax on Horse Racing and Track Licenses
For The Fiscal Year Ended June 30, 1982
Collected by the Maryland Racing Commission
SOURCE OF REVENUE
|
|
TOTAL
|
|
|
|
Summer-Fall
|
Winter-Spring
|
|
Total
|
1981
|
1982
|
ONE MILE TRACKS:
|
|
|
|
Southern Maryland Agricultural Association — Bowie............................
|
$ 3, 832, 286
|
$1, 348, 676
|
$2, 483, 610
|
Laurel Race Course, Inc. — Laurel..............................................
|
3, 877, 233
|
2, 787, 134
|
1, 090, 099
|
Maryland Jockey Club of Baltimore City — Pimilico..............................
|
3, 828, 404
|
803, 870
|
3, 024, 534
|
Total.....................................................................
|
11, 537, 923
|
4, 939, 680
|
6, 598, 243
|
HALF MILE TRACKS:
|
|
|
|
Maryland State Fair and Agricultural Society of Baltimore County — Timonium
|
714, 846
|
714, 846
|
|
TROTTING AND PACING TRACKS:
|
|
|
|
Ocean Downs Racing Association, Inc. — Berlin..................................
|
306, 298
|
261, 229
|
45, 069
|
Rosecroft Trotting and Pacing Association, Inc. — Oxon Hill.......................
|
1, 522, 169
|
|
1, 522, 169
|
Freestate Raceway.............................................................
|
3, 177, 419
|
2, 424, 650
|
752, 769
|
Total.....................................................................
|
5, 005, 886
|
2, 685, 879
|
2, 320, 007
|
STEEPLECHASE:
|
|
|
|
Cecil County Breeders Fair, Inc. — Fairhill......................................
|
48, 038
|
17, 919
|
30, 119
|
GRAND TOTAL..........................................................
|
$17, 306, 693
|
$8, 358, 324
|
$8, 948, 369
|
DISTRIBUTION OF REVENUE
|
|
|
|
ONE MILE TRACK LICENSES:
|
|
|
|
Baltimore City and Counties...................................................
|
$ 2, 638, 236
|
$ 950, 858
|
$1, 687, 378
|
General Fund.................................................................
|
7, 679, 532
|
2, 625, 690
|
5, 053, 842
|
Total.....................................................................
|
10, 317, 768
|
3, 576, 548
|
6, 741, 220
|
HALF MILE TRACK LICENSES:
|
|
|
|
Baltimore City and Counties...................................................
|
230, 519
|
230, 519
|
|
General Fund.................................................................
|
1, 833, 004
|
1, 833, 004
|
|
Total.....................................................................
|
2, 063, 523
|
2, 063, 523
|
|
TROTTING AND PACING TRACK LICENSES:
|
|
|
|
Baltimore City and Counties...................................................
|
595, 155
|
220, 935
|
374, 220
|
General Fund.................................................................
|
4, 282, 209
|
2, 336, 423
|
1, 945, 786
|
Total.....................................................................
|
4, 877, 364
|
2, 557, 358
|
2, 320, 006
|
STEEPLECHASE LICENSES:
|
|
|
|
Fairhill Improvement Fund....................................................
|
48, 038
|
17, 919
|
30, 119
|
GRAND TOTAL..........................................................
|
$17, 306, 693
|
$8, 215, 348
|
$9, 091, 345
|
ALLOCATION OF NET REVENUES:
|
|
|
|
General Fund Revenue........................................................
|
$12, 391, 245
|
|
|
SPECIAL FUND ATTAINMENT:
|
|
|
|
To Subdivisions...............................................................
|
3, 463, 910
|
|
|
To State Fair Board...........................................................
|
1, 403, 500
|
|
|
To Fairhill Improvement Fund.................................................
|
48, 038
|
|
|
GRAND TOTAL..........................................................
|
$17, 306, 693
|
|
|
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.
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