STATE OF MARYLAND
Revenues from Tax on Horse Racing- and Track Licenses
For the Fiscal Year Ended June 30, 1989
Collected by the Maryland Racing Commission
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Source of Revenue:
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License Fees ...............................................
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$ 16,000
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Tax on Wagers .............................................
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3,021,836
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Total ................................................
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$3,037,836
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Allocation of Revenue:
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General Fund Revenue ........................................
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$ 704,751
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Special Fund Attainment:
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To Subdivisions ............................................
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1,326,000
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To Maryland State Fair Agricultural Society, Inc. ...............
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500,000
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To State Fair Board ........................................
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450,000
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To Fairhill Improvement Fund ...............................
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17,958
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To Great Frederick Fair .....................................
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10,000
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To Maryland National Capital Park & Planning Association ......
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28,927
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Grand Total. ..........................................
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$3,037,636
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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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