Estimated Maryland Revenue
MARYLAND GENERAL FUND REVENUE ESTIMATES FY 2010-2012
(Dollars shown in thousands)
|
|
|
FY 2011
|
FY 2012
|
|
|
FY 2010
|
Current
|
September
|
|
|
September
|
|
|
|
Actual
|
Estimate
|
Revision
|
Difference
|
% Growth
|
Estimate
|
% Growth
|
|
INCOME TAXES
|
|
|
|
|
Individual
|
6,178,243
|
6,292,009
|
6,360,116 |
68,107
|
2.9%
|
6,712,097
|
5.5%
|
|
Corporation
|
689,311
|
513,624
|
543,433
|
29,809
|
-21.2%
|
567,887
|
4.5%
|
|
Total
|
6,867,554
|
6,805,633
|
6,903,549
|
97,916
|
0.5%
|
7,279,984
|
5.5%
|
|
|
|
|
|
SALES AND USE TAXES
|
3,522,774
|
3,667,203
|
3,655,513
|
(11,690)
|
3.8%
|
3,778,360
|
3.4%
|
|
|
|
|
|
STATE LOTTERY
|
491,009
|
527,640
|
510,908
|
(16,732)
|
4.1%
|
519,341
|
1.7%
|
|
|
|
|
|
OTHER REVENUES
|
|
|
|
|
Business Franchise Taxes
|
202,452
|
216,123
|
202,919
|
(13,204)
|
0.2%
|
204,265
|
1.7%
|
|
Tax on Insurance Companies
|
277,007
|
273,821
|
287,044
|
13,223
|
3.6%
|
300,027
|
4.5%
|
|
Insurance Licenses and Fees
|
|
|
|
|
|
|
|
|
|
|
|
|
Death Taxes
|
173,473
|
157,076
|
182,291
|
25,215
|
5.1%
|
190,060
|
4.3%
|
|
Property Transfer Tax
|
|
|
|
|
|
|
|
|
|
|
|
|
Tobacco Tax
|
405,915
|
387,940
|
404,190
|
16,250
|
-0.4%
|
402,549
|
-0.4%
|
|
Alcoholic Beverages Excises
|
29,874
|
30,035
|
30,504
|
469
|
2.1%
|
31,513
|
2.1%
|
|
Motor Vehicle Fuel Tax
|
8,386
|
5,000
|
5,000
|
-
|
-40.4%
|
0
|
-100.0%
|
|
|
|
|
|
Highway User Revenue
|
|
363,389
|
363,389
|
-
|
|
338,400
|
-6.9%
|
|
|
|
|
|
District Courts
|
87,331
|
92,558
|
86,458
|
(6100)
|
-1.0%
|
87,755
|
1.5%
|
|
Clerks of Court
|
35,484
|
46,810
|
35,079
|
(11,731)
|
-1.1%
|
35,404
|
0.9%
|
|
|
|
|
|
Hospital Patient Recoveries
|
72,690
|
67,427
|
67,427
|
-
|
7.2%
|
66,078
|
-2.0%
|
|
Interest on Investments
|
50,223
|
54,000
|
54,000
|
-
|
7.5%
|
63,000
|
16.7%
|
|
Miscellaneous
|
335,928
|
338,901
|
333,901
|
(5,000)
|
-0.6%
|
310,075
|
-7.1%
|
|
|
|
|
|
Total
|
1,678,764
|
1,033,080
|
2,052,202
|
19,122
|
22.2%
|
2,028,766
|
-1.1%
|
|
|
|
|
|
TOTAL CURRENT REVENUES
|
12,560,100
|
13,033,556
|
13,122,172
|
88,616
|
4.5%
|
13,606,452
|
3.7%
|
|
|
|
|
|
Extraordinary Revenues
|
27,015 |
5,400
|
5,400
|
-
|
161.5%
|
|
-100.0%
|
|
|
|
|
|
GRAND TOTAL
|
12,587,115
|
13,038,956
|
13,127,572
|
88,616
|
4.3%
|
13,606,452
|
3.6%
|
Estimated Maryland Revenues Archive
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