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Annual Report of the Comptroller, 1988
Volume 352, Supplement 52   View pdf image (33K)
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52

STATE OF MARYLAND

Revenues from Tax on Horse Racing- and Track Licenses
For the Fiscal Year Ended June 30, 1988

Collected by the Maryland Racing Commission

 

Source of Revenue:

 

License Fees ...........................................

$ 18,125

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

2,726,247

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

$2,744,372

Allocation of Revenue:

 

General Fund Revenue ....................................

$ 795,990

Special Fund Attainment:

 

To Subdivisions ........................................

943,900

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

500,000

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

450,000

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

44,482

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

10,000

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

.... $2,744,372

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

SCHEDULE A-10

 

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Annual Report of the Comptroller, 1988
Volume 352, Supplement 52   View pdf image (33K)
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