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Session Laws, 1935
Volume 579, Page 261   View pdf image (33K)
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STATE ROADS COMMISSION—(Continued).

DETAILS OF BUDGET
1936-1937

Account TITLE 1936

1937

Number

 

received by the State Roads Commission, together

 

with the sums received by the State Roads Com-

 

mission from the^ sale of new, old, and scrap

 

materials, and the income derived from miscel-

 

laneous sources, provision is to be made first for

 

maintaining all the roads and bridges comprising

 

the entire State System of Roads ; so much of the

 

entire Maintenance and Reconstruction Funds as

 

may be necessary, then shall be guaranteed and

 

is hereby dedicated to the satisfaction of Debt

 

Service obligations applicable to that issue of

 

State Roads Commission Debentures as may be

 

authorized by the General Assembly at its Session

 

of 1935. The remainder of the aggregate incomes

 

from these sources, after the payment of Debt

 

Service Charges required in connection with the

 

Debenture Issue which may be authorized by the

 

General Assembly of 1935, then shall be used for

 

Reconstruction, Betterments, and additions to the

 

State Road and Bridge System. All the amounts

 

named herein are computed as estimates only, it

 

being the intention that these appropriations shall

 

be 100% of the revenues aforesaid and it being

 

further the intention that should the proceeds of

 

the tax and the proceeds from other sources, ex-

 

ceed the respective amounts herein provided, theii

 

such remainder 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 subsequent Legislative action.

 

Proceeds of 70% of Commissioner of Motor Vehicles,

 

including 80% of proceeds of Fines and For-
feitures ....................................................................... $748,433.74

$754,937.97

Proceeds of 70% of Two Cent (2c) Gasoline Tax..... 2,257,122.57

2,447,450.48

Proceeds of Sale of Specifications.................................. 1,700.00

1,700.00

Proceeds from Rental of Properties.... 400.00

400.00

Proceeds from Sale of New, Old and Scrap Mate-

 

rial 1,500.00

1,500.00

Proceeds from Miscellaneous Sources..................... 20,000.00

20,000.00

P'roceeds from Truck License Fees and Franchise

 

Taxes remaining after provision for Debt Service

 

on State Roads Commission of Maryland Deben-

 

tures, Issue of 1933-.......... 171,509.89

184,635.19

Total Proceeds from above sources...................... $3,200,666,20

$3,410,623.64

Amount necessary to Maintain all Roads and

 

Bridges on the State Roads System............................ $2,293,831.10 !

$2,500,741.76

Debt Service Fund, applicable to Debentures to be
authorized in 1935 300,000.00 $300,000.00

300,000.00 $300,000.00

Ocean City Beach Protection Fund............................ 30,000.00 30,000.00
Contribution to General Fund-..... 123,930.17 123,930.17

30,000.00 30,000.00
123,930.17 123,930.17

2,747,761,27

2,954,671.93

RECONSTRUCTION, BETTERMENTS, AND AD- ........

 

DITIONS .... .. .. ... ................................. 452,904,93

455,951.71

(Page 261)

 


 

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Session Laws, 1935
Volume 579, Page 261   View pdf image (33K)
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