STATE ROADS COMMISSION— (Continued).

DETAILS OF BUDGET

1936-1937

Account

TITLE 1936

1937

Number

02

LATERAL ROAD CONSTRUCTION— 1 1/2c Gasoline

Tax:

To the State Roads Commission the proceeds of

100% (Less refund exemptions and less payments

of Gas Tax refunds to incorporated Cities and

Towns) of the Lateral Road Gasoline Tax Funds

(l 1/2c) after deducting % of the appropriation

for maintaining the Gasoline Tax Department

in the office of the State Comptroller, and after

deducting the entire appropriation to the Tol-

chester (Ferry) Company (this appropriation

not to exceed $13,687.50, and to be paid only

in the discretion and upon the approval of the

Board of Public Works), and after further

deducting from this net revenue, a sum represent-

ing that proportion of the total debt service re-

quired during the respective years applicable to

Road and Bridge Bonds of the State of Mary-

land, as the total revenue derived from the 1 1/2c

Gasoline Tax after the above deductions but

before the Debt Service deductions, bears to the

net revenue produced by all the gasoline taxes

together with the net revenue produced by the

Commissioner of Motor Vehicles (excluding truck

license fees and franchise taxes). The Comptrol-

ler of the Treasury and the Treasurer of Mary-

land shall accumulate the sum so required for

Debt Service from this revenue by deducting each

month a ratable contribution based on total

monthly receipts, and shall retain the amount so

deducted for Debt Service in the Bond Annuity

Account of the State of Maryland, and shall

pay the amount so accumulated on account of

Debt Service obligations as and when this class

of obligation falls due during the fiscal years

1936-1937. The amounts named herein are com-

puted as estimates only, it being the intention

that these appropriations shall be 100% of the

revenues aforesaid, and it being further the in-

tention that should the proceeds of this tax ex-

ceed the respective amounts herein set forth, then

such excess shall not revert to the General Fund

of the State, but shall be set over to the use of

the State Roads Commission to be allotted by sub-

sequent Legislative action. Out of the total rev-

enue as aforesaid, the State Roads Commission

shall receive 30% of the net proceeds of the 100%,

for the use of Baltimore City, for the construction

and maintenance of streets, highways, bridges,

and other related construction projects as may be

performed within the corporate limits of Balti-

more City and/or existing highway bond debt serv-

ice, the remaining 70% of the net product of the

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