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Wednesday, September 26, 2012

Spotlight On Maryland - Where Your Money Comes From


Estimated Maryland Revenue

MARYLAND GENERAL FUND AND BUDGET RESTORATION FUND REVENUES FY 2012-2014
(Dollars shown in thousands)
FY 2013FY 2014
 FY 2012CurrentSeptember  September 
 ActualEstimateRevisionDifference% GrowthEstimate% Growth
INCOME TAXES   
Individual7,114,6797,552,9377,650,62197,6847.5%7,967,3394.1%
Corporation646,475741,307821,75280,445-21.7%783,876-4.6%
Total7,761,1548,294,2448,472,373178,1299.2%8,751,2153.3%
   
SALES AND USE TAXES4,039,3484,125,6964,127,6901,9942.2%4,259,3633.2%
   
STATE LOTTERY536,251515,064536,44421,3800.0%543,7551.4%
   
OTHER REVENUES   
Business Franchise Taxes207,194208,932208,904(28)0.8%210,6930.9%
Tax on Insurance Companies304,022308,109311,5603,4512.5%319,3092.5%
Estate and Inheritance Taxes196,897217,593214,814(2,779)9.1%218,8271.9%
   
Tobacco Tax411,427411,932415,1423,2100.9%414,066-0.3%
Alcoholic Beverages Excises31,01031,08931,6165272.0%32,2382.0%
Motor Vehicle Fuel Tax5,00013,00013,000 -160.0%5,000-61.5%
Highway User Revenue186,72200 -  - 
   
District Courts79,39580,78378,601(2,182)-1.0%78,9940.5%
Clerks of Court35,13934,33937,8923,5537.8%37,721-0.5%
   
Hospital Patient Recoveries66,38567,96269,9622,0005.4%67,985-2.8%
Interest on Investments17,91834,99410,000(24,994)-44.2%15,00050.0%
Miscellaneous379,982383,527379,821(3,706)0.0%363,284-4.4%
   
Total1,921,0901,792,2601,771,312(20,948)-7.8%1,763,117-0.5%
   
TOTAL CURRENT REVENUES14,257,84314,727,26414,907,819180,5554.6%15,317,4502.7%
   
Extraordinary Revenues - - - -  - -
   
GRAND TOTAL14,257,84314,727,26414,907,819180,5554.6%15,317,4502.7%


Source

9 comments:

Anonymous said...

Hey Joe ride over Fitzwater Street just down from Brew River and you will see a Salisbury Public Works truck and an ASAP sewage truck pumping out the sewer. Remember him, the criminal that stole thousands from the county.

Anonymous said...

Joe hurry and get a pic of ASAP so you can show that Mayor Ireton contracts and hires known convicts with Salisbury Tax dollars

Anonymous said...

Joe I think ASAP is pumping sewage out of the manhole and hauling it off and then coming back for more.

Anonymous said...

That road is wet so I know they are making a mess in the street. You will hit a homerun with that story on ASAP.

Anonymous said...

Take a pic with your cell phone and send it to Joe.

Anonymous said...


Alcohol needs to be taxed like Tobacco.

Anonymous said...

The irony of it all.

Anonymous said...

Ironic that corporations pay only a few hundred thousand in income taxes, but individuals pay nearly the total package.

Something is amiss.

Anonymous said...

I know clerks of court receive waaaay more than 35K