|
|
|
|
Increase
|
(Decrease)
|
|
|
|
Percent
|
Over
|
1984 Actual
|
|
Revenue Source
|
Amount
|
of Total
|
Amount
|
Percent
|
|
Income taxes
|
$1,968,106
|
31.9%
|
$164,167
|
9.1%
|
|
Retail sales and use taxes
|
1,098,445
|
17.8
|
110,161
|
11.1
|
|
Motor vehicle taxes and fees
|
683,774
|
11.1
|
48,172
|
7.6
|
|
Other taxes
|
584,254
|
9.5
|
9,901
|
1.7
|
|
Other licenses and fees
|
77,497
|
1.2
|
7,110
|
10.1
|
|
Charges for services
|
266,453
|
4.3
|
37,293
|
16.3
|
|
Interest and other investment income
|
104,262
|
1.7
|
19,841
|
23.5
|
|
Other
|
134,298
|
2.2
|
23,170
|
20.8
|
|
Federal revenue
|
1,249,805
|
20.3
|
103,925
|
9.1
|
|
Total
|
$6,166,894
|
100.0%
|
$523,740
|
9.3%
|
Of the total income tax revenue for fiscal year 1985, $1,754,239,000 was produced by the individual income
tax and $213,867,000 by the corporate income tax, representing increases of $125,750,000 and $38,417,000,
respectively, compared to the prior year. The increase in individual income tax revenues of 7.7 percent over the
prior year is attributable to population growth and a higher personal income level for the State's taxpayers. The
increase in the corporate income tax revenues of 21.9 percent from the prior year is attributable to the improvement
in the national economy.
The retail sales and use taxes increased $110,161,000 or 11.1 percent over the previous year which is also
attributable to the improvement in the national economy.
Other licenses and fees increased $7,110,000 or 10.1 percent over 1984. This increase was primarily attributable
to increases in revenues earned by the courts.
Revenues from charges for services increased $37,293,000 or 16.3 percent over 1984. This increase resulted
primarily from passenger revenues from the first full year of operations for the Baltimore City subway.
Interest and other investment income increased $19,841,000 or 23.5 percent over the previous year which
resulted from an increase in the amounts available for investment during the year.
Other revenues increased $23,170,000 or 20.8 percent over 1984. This increase resulted primarily from increases
in reimbursements from subdivisions for health related expenditures.
Changes in levels of expenditures (amounts expressed in thousands) for major functions from the previous
year (excluding capital projects) are shown in the following tabulation:
|
|
|
|
Increase
|
(Decrease)
|
|
|
|
Percent
|
Over 1984
|
Actual
|
|
Function
|
Amount
|
of Total
|
Amount
|
Percent
|
|
Current:
|
|
|
|
|
|
General government
|
$ 233,441
|
4.0%
|
$ 34,118
|
17.1%
|
|
Education
|
1,422,008
|
24.1
|
438,405
|
44.6
|
|
Human resources
|
602,396
|
10.2
|
59,318
|
10.9
|
|
Health and mental hygiene
|
1,265,849
|
21.4
|
134,690
|
11.9
|
|
Transportation
|
414,230
|
7.0
|
34,063
|
9.0
|
|
Public safety and judicial
|
433,904
|
7.3
|
116,081
|
36.5
|
|
Economic and community
|
|
|
|
|
|
development
|
27,172
|
.5
|
3,084
|
12.8
|
|
Natural resources and recreation
|
73,952
|
1.3
|
14,693
|
24.8
|
|
Agriculture
|
23,341
|
.4
|
2,691
|
13.0
|
|
Personnel and retirement
|
31,784
|
.5
|
(473,803)
|
(93.7)
|
|
Intergovernmental
|
442,518
|
7.5
|
28,412
|
6.9
|
|
Debt service
|
433,482
|
7.3
|
7,505
|
1.8
|
|
Capital outlays for transportation
|
500,259
|
8.5
|
102,909
|
25.9
|
|
Total
|
$5,904,336
|
100.0%
|
$502,166
|
9.3%
|
12
|
 |
