STATE ROADS COMMISSION(Continued)
BUDGET FOR THE BIENNIUM 1944-1945
Account
Number Account Title For the Fiscal Year 1944 For the Fiscal Year 1945
025-2 ONE AND FOUR-TENTHS ($.0014) OF THE TWO
GENT (2c) GASOLINE TAX:
To the State Roads Commission, 100% of all the in-
come produced by deducting from the gross in-
come derived from the Two Cent (2c) Gasoline
Tax, after making refunds applicable thereto, that
yield at the rate1 of one and four-tenths mills
($.0014) of such Two Cent G-asoline Tax. The
proceeds from this source are to be set over to the
use of the State Roads Commission, and so much
of the fund as may be required, shall be expended
by it for interest and the annual payment of prin-
cipal on Bond obligations of the State Roads Com-
mission as herein provided. The remainder of the
income is to merge with the- income produced by
the Two Cent (2c) Gasoline Tax and net Income
from the Commissioner of Motor Vehicles and
Traffic Courts; and 70% of such amount so revert-
ing, is to be expended by the State1 Roads Com-
mission for general maintenance or reconstruction
of the State System of Roads. The remaining 30%
of the above revenue' is to be paid by the Comp-
troller of the Treasury to Baltimore City at the
close of each fiscal year, and is to be applied by
Baltimore City in the same manner as the City's
proportionate1 share of 30% of the Two Cent (2c)
Gasoline Tax and Income from Commissioner of
Motor Vehicles .............................. $268,075.25 $294,882.78
The estimate amount not required for debt service
and to merge and consolidate with the Two Cent
(2c) Gasoline Tax and CommissioneY of Motor
Vehicle Income, of which the State Roads Com-
misison's share, at 70%, shall be............... $187,652.68 $206,417.95
and of which Baltimore City's share, at 30%,
shall be .................................. 80,422.57 268,075.25 88,464.83 294882.78
Amount required for debt service on State Roads
Commission of Maryland Refunding and Improve-
ment Bonds, Issue of $9,000,000, authorized by
Chapter 884, of the Acts of 1941............... None None
The Income from Truck License Fees and Franchise
Taxes is sufficient for the entire debt service re-
quirements, so that none of the dedicated fund of
one and four-tenths mills ($.0014) of the, Two
Cent (2c) Gasoline Tax will be used,
GRAND TOTAL OF BUDGETARY
APPROPRIATIONS................. $8,663,535.10 . $9,415,287.82
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