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196
STATE OF MARYLAND
Receipts from Tax on Horse Racing and Track Licenses
For the Fiscal Year Ended June 30, 1969
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Collected by the Maryland Racing Commission
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TOTAL
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SOURCE OF REVENUE
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Total
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Summer-Fall
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Winter -Spring
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1968
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1969
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ONE MILE TRACKS:
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Southern Maryland Agricultural Association — Bowie
Laurel Race Course Inc. — Laurel
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$ 3,558,39301
3,414,929.29
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$ 3,096,216.58
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$ 3,588,393 01
318,712.71
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Maryland Jockey Club of Baltimore City — Pimlico
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8,481,831.68
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3,481,831 68
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TOTAL
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$10,456,153.98
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$ 3,096,216.58
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$7,358,937.40
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HALF MILE TRACKS:
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Maryland State Fair and Agricultural Society of Baltimore County — Timonium
Southern Maryland Agricultural Association, Inc — Marlboro
Agricultural and Mechanical Association of Washington County — Hagerstown
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$906,752.76
611,912.46
277,051.71
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$906,752 76
611,912 46
277,051 71
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TOTAL
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$1,795,716.93
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$1,795,716.93
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TROTTING AND PACING MEETS:
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Ocean Downs Racing Association, Inc — Berlin
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$144,493.16
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$144,493.16
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Rosecroft Trotting and Pacing Association, Inc — Oxon Hill
Laurel Harness Racing Association, Inc. — Laurel
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892,263.46
736,110.01
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736,110.01
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$892,263.46
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TOTAL
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$ 1,772,866.63
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$880,603 17
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$892,263.46
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STEEPLECHASE:
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Cecil County Breeders Fair, Inc. — Fairhill
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$ 25,086.60
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$ 15,495.40
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$9,591.20
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GRAND TOTAL
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$14,048,824 14
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$ 5,788,032.08
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$8,260,792.06
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DISTRIBUTION OF REVENUE
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ONE MILE TRACK LICENSEES:
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Baltimore City and Counties
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$ 2,799,667.46
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$837,474.11
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$1,962,193.35
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General Fund
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5,386,884.98
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1,611,074.87
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3,775,810.11
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TOTAL
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$ 8,186,552.44
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$ 2,448,548.98
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$ 5,738,003.46
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HALF MILE TRACK LICENSEES:
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Baltimore City and Counties
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$582,360.87
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$ 403,544.95
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$178,815.92
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General Fund
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2,072,674.57
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1,392,171.98
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680,502.59
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TOTAL
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$ 2,655,035.44
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$1,795,716.93
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$ 859,318.51
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TROTTING AND PACING LICENSEES:
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Baltimore City and Counties
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$ 948,465.89
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$446,075.60
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$502,390.29
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General Fund
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2,233,683.77
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1,082,195.17
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1,151,488.60
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TOTAL
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$3,182,149.66
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$ 1,528,270.77
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$ 1,653,878.89
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STEEPLECHASE LICENSEE:
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General Fund
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$ 25,086.60
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$ 15,495.40
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$ 9,591.20
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GRAND TOTAL
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$14,048,824.14
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$ 5,788,032.08
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$ 8,260,792.06
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Allocation of Net Receipts:
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General Fund Revenue $ 9,413,428.29
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Special Fund Attainment:
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to Subdivisions 3,998,428.42
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to Post Mortem Examiners 332,065.79
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to State Fair Board 304,901.69
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$14,048,824.14
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NOTE: State tax rates are predicated on the type of track where the races are run; whereas, the distribution of these taxes is based on the type of liceense
under which the races are run.
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