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Annual Report of the Comptroller, 1987
Volume 351, Supplement 50   View pdf image (33K)
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50

STATE OF MARYLAND

Revenues from Tax on Horse Racing and Track Licenses
For the Fiscal Year Ended June 30, 1987

Collected by the Maryland Racing Commission
Source of Revenue:

$ 11,675

Tax on Wagers .........................................

2,449,764

Total ............................................

$2,461,439

Allocation of Revenue:
General Fund Revenue ....................................

.... $ 463,946

Special Fund Attainment:
To Subdivisions ........................................

988,650

To Maryland State Fair Agricultural Society, Inc............

500,000

To State Fair Board ....................................

450,000

To Fairhill Improvement Fund ...........................

48,843

To Great Frederick Fair .................................

.... 10,000

Grand Total.......................................

$2,461,439

Note: Revenues distributed according to Chapters 7 and 126, Acts of 1985, Effective July 1, 1986, Article 78B, Section 19.

SCHEDULE A-ll

 

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Annual Report of the Comptroller, 1987
Volume 351, Supplement 50   View pdf image (33K)
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