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Annual Report of the Comptroller, 1987
Volume 351, Supplement 257   View pdf image (33K)
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257

STATE OF MARYLAND

Estimated Revenues
For the Fiscal Year Ended June 30, 1988

 

 

Special and

   
 

General

Debt Service

Federal

 
 

Fund

Funds

Funds

Total

PROPERTY TAXES:

       

Property Taxes .........................................

 

$ 131,415,678

 

$ 131,415,678

Property Transfer Taxes ................................

$ 35,252,000

29,000,000

 

64,252,000

FRANCHISE AND CORPORATION TAXES:

       

Franchise Tax on Federal, Domestic and Foreign Building

       

Savings and Loan Associations..........................

2,225,000

   

2,225,000

Franchise Tax on Gross Receipts .........................

100,000,000

   

100,000,000

Franchise Tax on Savings Banks, Building

       

Savings and Loan Associations..........................

65,000

4,935,000

 

5,000,000

Organization and Capitalization Fee .......................

525,000

   

525,000

Franchise Tax on Net Earnings of Financial Institutions .....

27,000,000

   

27,000,000

Recording Fees - Foreign ................................

210,000

   

210,000

Recording Fees - Domestic ...............................

1,850,000

   

1,850,000

Foreign Corporation Filing Fees ..........................

630,000

   

630,000

Maryland Corporation Filing Fees ........................

1,540,000

1,540,000

 

3,080,000

Interest and Penalty ....................................

845,000

   

845,000

DEATH TAXES:

       

Collateral Inheritance Tax ...............................

25,000,000

   

25,000,000

Direct Inheritance Tax ..................................

10,000,000

   

10,000,000

Tax on Commissions of Executors and Administrators .......

3,400,000

   

3,400,000

Interest and Penalty on Inheritance Tax ...................

18,300

   

18,300

Maryland Estate Tax ....................................

11,500,000

   

11,500,000

Interest on Maryland Estate Tax .........................

390,000

   

390,000

ALCOHOLIC BEVERAGE TAXES AND LICENSES:

       

Tax on Liquor ..........................................

9,350,000

4,650,000

 

14,000,000

Tax on Wine ...........................................

4,400,000

   

4,400,000

Tax on Beer ...........................................

4,950,000

4,550,000

 

9,500,000

Alcoholic Beverage License ..............................

350,000

   

350,000

ADMISSION TAX........................................

 

1,116,894

 

1,116,894

MOTOR VEHICLE FUEL TAXES AND LICENSES .........

10,000,000

442,500,000

 

452,500,000

INCOME TAXES:

       

Corporation Income Taxes ...............................

140,919,000

123,823,000

 

264,742,000

Individual Income Taxes .................................

2,303,945,000

   

2,303,945,000

RETAIL SALES AND USE TAX AND LICENSES ..........

1,373,018,000

   

1,373,018,000

STATE TOBACCO TAX AND LICENSES ..................

50,900,000

14,800,000

 

65,700,000

MOTOR VEHICLE TAX AND LICENSES:

       

Motor Vehicle Titling Tax................................

 

305,000,000

 

305,000,000

Motor Vehicle Registration ...............................

1,250,000

170,415,000

 

171,665,000

INSURANCE COMPANY TAXES, LICENSES AND FEES . . .

128,585,000

   

128,585,000

HORSE RACE TAXES AND LICENSES ...................

1,994,000

1,996,000

 

3,990,000

DISTRICT COURT FEES AND COSTS. ....................

43,500,000

   

43,500,000

INTEREST ON INVESTMENTS...........................

22,000,000

5,000,000

 

27,000,000

HOSPITAL PATIENT RECOVERIES:

       

Mental Hospitals - Sponsors ..............................

9,000,000

   

9,000,000

Mental Hospitals - Federal ...............................

3,050,000

   

3,050,000

Chronic Disease Hospitals - Sponsors ......................

10,000,000

   

10,000,000

Chronic Disease Hospitals - Federal .......................

4,107,000

   

4,107,000

All Hospitals - Medicaid .................................

63,260,000

   

63,260,000

EXHIBIT H—Continued

 

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Annual Report of the Comptroller, 1987
Volume 351, Supplement 257   View pdf image (33K)
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