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Account
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GOVERNOR'S ALLOWANCE
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Number
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Account Title
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For the Fiscal Year 1948
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For the Fiscal Year 1949
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018
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TRUCK LICENSE PEES AND FRANCHISE TAXES:
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To the State Roads Commission, 100% of all income
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produced from the registration of trucks of the
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tate, either as payment for license fees, franchise
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taxes, or other purposes, without any deductions
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therefrom, except as herein provided. The entire
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proceeds from these sources are to he set over to
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the use of the State Roads Commission and ex-
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pended by it for interest and annual payment of
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principal as required, on Bond obligations of the
State Roads Commission, as herein provided; the
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remainder of these incomes, after deducting annual
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debt service, is to merge with the income produced
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by the Two Cent (2c.) Gasoline Tax, Income from
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Department of Motor Vehicles and Traffic Courts,
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and 70% of such amount reverting, is to be ex-
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pended by the State Roads Commission for general
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maintenance or reconstruction of the State System
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of Roads. The remaining 30% of the above reve-
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nue is to be paid by the Comptroller of the Trea-
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sury to Baltimore City at the close of each fiscal
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year, and is to be applied by Baltimore City in the
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same manner as the City's proportionate share of
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30% of the Two Cent (2c.) Gasoline Tax and In-
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come from Department of Motor Vehicles ........
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$1,385,243.00
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$1,392,502.22
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Estimated amount not required for Debt Service and
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to merge and consolidate with the Two Cent (2c.)
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Gasoline Tax and Department of Motor Vehicles
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Income, of which the State Roads Commission's
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share, at 70%, is expected to be.................
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$261,412.02
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$261,717.20
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and of which Baltimore City's share, at 30%,
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is expected to be .............................
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297,379.60
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298,760.31
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$558,791.62
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$560,477.51
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Amount required for Debt Service on State Roads
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Commission of Maryland Refunding and Improve-
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ment Bonds, authorized by Chapter 884, of the
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Acts of 1941, Issue of $11,000,000 ..............
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$826,451.38
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$
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832,024.71
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025. -2
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ONE AND FOUR-TENTHS MILLS ($.0014) OF
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THE TWO CENT (2c.) GASOLINE TAX:
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To the State Roads Commission, 100% of all the In-
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come produced by deducting from the gross in-
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