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Session Laws, 1941
Volume 582, Page 1916   View pdf image (33K)
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STATE ROADS COMMISSION—(Continued)

BUDGET OF THE STATE ROADS COMMISSION OF MARYLAND FOR THE BIENNIUM 1942-1943

Account

Number TITLE OF ACCOUNT For the Fiscal Year 1942 For the Fiscal Year 1943

ment of maintenance and operating costs of the

Toll Bridges on the State System.

The balance of the aggregate incomes from these
sources, after complying with the aforegoing pro-
visions, then shall be used for Reconstruction,
Betterments and Additions, including projects of
new construction on the State System of Roads
and Bridges, or for such other collateral road
matters as, in the opinion of the Commission, it
deems advisable and proper to undertake.

The following amounts are computed as estimates
only, it being the intention that these appropria-
tions shall be 100% of the revenues aforesaid,
provided, however, that any proceeds of the tax
and any proceeds from any of the sources afore-,
said, in excess of the respective enumerated
amounts herein provided and specifically appro-
priated, shall not revert to the General Fund of
the State, but shall go into and be credited to the
Reconstruction Fund of the State Roads Commis-
sion, and shall be used exclusively and solely for
the construction, reconstruction, betterments, ad-
ditions and maintenance of the State System of
Roads and Bridges, and for no other purpose or
purposes whatsoever:

Proceeds of 70% of Receipts of Commissioner of
Motor Vehicles, including 80% of Fines and
Forfeitures ............................... $2,493,937.41 $2,495,232.74

Proceeds of 70% of the 2c. Gasoline Tax......... 3,989,000.01 4,118,893.03

Proceeds of Sale of Specifications............... 2,000.00 2,000.00

Proceeds of Sale of New, Old and Scrap Material. 2,800.00 2,800.00
Proceeds from Rental of Properties.............. 600.00 600.00

Proceeds from Miscellaneous Sources............ 30,000.00 30,000.00

Income from Trust Funds for the operation of Toll
Bridges — Susquehanna River Bridge and Po-
tomac River Bridge......................... 50,000.00 50,000.00

Proceeds from. Truck License Fees and Franchise
Taxes remaining (70%), after providing for
Debt Service on State Roads Commission of
Maryland $5,358,000 Refunding Bonds, Issue of
1937. ...... ... ............................. 241,644.21 255,364.10

Proceeds from one and four-tenths mills (.0014)
of the 2c. Gasoline Tax remaining (70%) after
providing for Debt Service on State Roads Com-
mission of Maryland Refund Bonds, $5,358,000,
Issue of 1937.............................. 301,222.05 311,012.10

Total proceeds from above sources, dedicated to the
State Roads Commission as Maintenance and Re-
construction Fund ........................... 7,111,203.68 7,265,901.97

 

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Session Laws, 1941
Volume 582, Page 1916   View pdf image (33K)   << PREVIOUS  NEXT >>


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