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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:

  1. 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.

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

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

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  4. 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.

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

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  6. Alcohol needs to be taxed like Tobacco.

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  7. The irony of it all.

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

    Something is amiss.

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  9. I know clerks of court receive waaaay more than 35K

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