STATE OF MARYLAND
49
Revenue from Income Tax
For the Fiscal Year Ended June 30, 1989
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Employers
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Corporation
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Individual
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Declarations
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Withholding
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Corporation
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Declarations
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Fiduciary
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Undistributed
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Total
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Unallocated
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Unallocated
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Unallocated
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Gross Revenues ..............................
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$4,255,235,278
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? 29,142,538
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| 223,256,489
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?357,138,595
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?(11,632,592)
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$13,022,161
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$ 3,744,219
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54,869,906,688
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513,744,800
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2,547,865
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4,037,998
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65,572,542
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3,099,816
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1,159,228
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56,153
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590,218,402
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Net Revenues ................................
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$3,741,490,478
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$ 26,594,673
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? 219,218,491
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$291,566,053
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?(14,732,408)
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$11,862,933
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$ 3,688,066
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$4,279,688,286
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Net Revenues by Taxable Years:
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1989 ......................................
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? 4,725
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$ 216,670,270
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? 1,696,070,799
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? 43,023
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* 66,367,542
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$12,827,618
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$1,991,983,977
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1988 ......................................
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3,369,006,678
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(43,071,740)
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(1,286,540,298)
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227,537,818
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(29,710,682)
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?10,874,319
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(4,657,678)
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2,243,438,417
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1987 ......................................
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319,767,344
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(144,126,439)
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(163,037,350)
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74,333,891
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(50,106,766)
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1,149,965
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(3,719,041)
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34,261,604
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1986 ......................................
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30,510,377
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(2,573,502)
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(20,904,194)
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(6,131,422)
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(1,040,782)
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(55,946)
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(619,592)
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(815,061)
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1985 ......................................
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12,599,059
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(303,916)
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(6,449,285)
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(766,420)
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(227,262)
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(93,411)
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(48,397)
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4,710,368
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1984 ......................................
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2,489,849
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(2,904)
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(6,112,982)
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(14,253)
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(13,615)
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(18,579)
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(3,672,484)
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1983 ......................................
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1,569,436
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(1,622)
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(600,835)
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2,481
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(18,295)
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951,166
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1982 ......................................
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1,712,350
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(22,753)
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932,129
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(205)
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57
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(17,961)
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2,603,617
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1981 ......................................
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1,272,806
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(1,785)
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2,330,851
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46
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(16,267)
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3,585,651
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1980 ......................................
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917,429
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(265)
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(998)
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(3,526)
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912,640
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1979 ......................................
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586,034
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83,279
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35
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(11,282)
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658,066
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1978 ......................................
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475,922
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25,528
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(3,545)
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497,905
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1977 ......................................
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217,667
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(1,619)
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216,048
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1976 ......................................
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238,942
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(659)
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(1,907)
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236,376
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1975 ......................................
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35,160
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(1,452)
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33,708
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1974 ......................................
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19,149
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(361)
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18,788
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1973 ......................................
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9,483
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(50)
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9,433
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1972 ......................................
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8,460
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8,460
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1971 ......................................
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7,030
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7,030
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1970 ......................................
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14,664
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14,654
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1969 ......................................
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9,629
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9,629
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1968 ......................................
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8,949
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8,949
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1967 ......................................
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8,618
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8,618
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1966 ......................................
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728
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728
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Total..............................
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13,741,490,478
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* 26,594,673
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? 219,218,491
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$291,566,053
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$(14,732,408)
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$11,862,933
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? 3,688,066
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$4,279,688,286
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Source of Net Revenues:
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Counties:
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AHegany .................................
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$33,214,931
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$73,419
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$33,288,350
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Anne Arundel .............................
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352,397,487
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116,065
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352,513,552
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Baltimore ................................
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637,422,074
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892,188
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638,314,262
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Calvert ..................................
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30,765,190
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7,717
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30,772,907
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Caroline ..................................
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12,068,424
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31,001
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12,099,425
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Carroll ...................................
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90,171,037
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222,509
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90,393,546
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Cecil.....................................
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33,388,257
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17,137
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33,405,394
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Charles ..................................
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67,847,976
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30,035
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67,878,011
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Dorchester ...............................
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14,355,893
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15,810
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14,371,703
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Frederick ................................
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107,420,047
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161,664
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107,581,711
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Garrett ..................................
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10,976,905
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8,498
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10,985,403
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Harford ..................................
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126,775,686
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56,998
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126,832,684
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Howard ..................................
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191,603,298
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106,745
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191,710,043
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Kent.....................................
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10,331,560
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24,951
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10,366,511
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Montgomery ..............................
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926,647,559
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2,268,297
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928,915,856
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Prince George's ...........................
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498,384,385
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303,298
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498,687,683
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Queen Anne's .............................
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23,940,697
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77,791
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24,018,488
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St. Mary's ................................
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39,650,755
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16,942
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39,667,697
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Somerset .................................
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7,059,236
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(1,100)
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7,058,136
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Talbot ...................................
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28,852,127
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69,197
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28,921,324
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66,518,456
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34,164
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66,552,620
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Wicomico. ................................
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42,025,672
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45,809
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42,071,481
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Worcester ................................
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17,909,138
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12,348
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17,921,486
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Baltimore City ............................
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333,903,368
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7,137,242
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341,040,610
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Unclassified ..............................
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17,908,796
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* 26,594,673
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* 211,765,594
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$286,075,445
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$(14,732,408)
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117,576
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* 3,688,066
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531,417,742
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Interest ..................................
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19,951,524
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7,452,897
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5,490,608
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16,632
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32,911,661
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Total..............................
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$3,741,490,478
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$ 26,594,673
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? 219,218,491
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$291,566,053
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1(14,732,408)
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$11,862,933
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? 3,688,066
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54,279,688,286
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Allocation of Net Revenues:
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General Fund Revenue .......................
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$2,397,436,235
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* 26,594,673
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$ 219,218,491
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$159,534,023
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?(14,732,408)
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? 7,921,447
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? 3,688,066
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$2,799,660,527
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Special Fund Attainment:
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Subdivisions ..............................
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8,242
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......
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8,242
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Transportation Trust Fund .................
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25,503,268
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25,503,268
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Gas and Motor Vehicle Fund ................
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35,264,381
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35,264,381
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Transportation Revenue
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Sharing Fund ...........................
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35,264,381
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35,264,381
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Transportation Trust Fund
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Special Distribution ......................
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36,000,000
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36,000,000
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Chesapeake Bay Checkoff. ..................
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964,008
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964,008
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Reserve for Subdivisions .......................
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1,343,081,993
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3,941,486
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1,347,023,479
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Total..............................
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$3,741,490,478
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$ 26,594,673
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f 219,218,491
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$291,566,053
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$(14,732,408)
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$11,862,933
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* 3,688,066
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$4,279,688,286
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( ) Denotes Red Figure
(A) In addition, refunds totaling $55,837,012 that were applied to individual 1988 and 1989 declaration of estimated tax accounts are not considered as revenues or reflected in the above totals.
SCHEDULE A-7
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