Estimated Maryland Revenue
MARYLAND GENERAL FUND REVENUE ESTIMATES FY 2010-2011
(Dollars shown in thousands)
|
|
|
FY 2010
|
FY 2011
|
|
|
FY 2009
|
March
|
December
|
|
|
March*
|
|
|
|
Actual
|
Estimate
|
Estimate
|
Difference
|
% Growth
|
Estimate
|
% Growth
|
|
INCOME TAXES
|
|
|
|
|
Individual
|
6,477,157
|
6,068,779
|
6,121,847
|
(53,068)
|
-6.3%
|
6,308,374
|
3.9%
|
|
Corporation
|
550,740
|
531,786
|
495,013
|
36,773
|
-3.4%
|
559,178
|
5.2%
|
|
Total
|
7,027,897
|
6,600,565
|
6,616,860
|
(16,295)
|
-6.1%
|
6,867,552
|
4.0%
|
|
|
|
|
|
SALES AND USE TAXES
|
3,620,431
|
3,473,936
|
3,506,736
|
(32,800)
|
-4.0%
|
3,650,453
|
5.1%
|
|
|
|
|
|
STATE LOTTERY
|
473,206
|
506,096
|
522,975
|
(16,879)
|
7.0%
|
527,640
|
4.3%
|
|
|
|
|
|
OTHER REVENUES
|
|
|
|
|
Business Franchise Taxes
|
201,378
|
216,123
|
216,123
|
-
|
7.3%
|
216,123
|
0.0%
|
|
Tax on Insurance Companies
|
275,203
|
266,946
|
266,946
|
-
|
-3.0%
|
273,821
|
2.6%
|
|
Insurance Licenses and Fees
|
|
|
|
|
|
|
|
|
|
|
|
|
Death Taxes
|
205,492
|
161,822
|
161,822
|
-
|
-21.3%
|
157,076
|
-2.9%
|
|
Property Transfer Tax
|
|
|
|
|
|
|
|
|
|
|
|
|
Tobacco Tax
|
405,579
|
396,592
|
396,592
|
-
|
-2.2%
|
387,922
|
-2.2%
|
|
Alcoholic Beverages Excises
|
29,168
|
29,512
|
29,512
|
-
|
1.2%
|
30,035
|
1.8%
|
|
Motor Vehicle Fuel Tax
|
6,500
|
8,386
|
8,386
|
-
|
29.0%
|
0
|
-100.0%
|
|
|
|
|
|
District Courts
|
89,379
|
91,042
|
91,042
|
-
|
1.9%
|
92,558
|
1.7%
|
|
Clerks of Court
|
40,514
|
44,606
|
44,606
|
-
|
10.1%
|
46,810
|
4.9%
|
|
|
|
|
|
Hospital Patient Recoveries
|
96,462
|
70,978
|
70,978
|
-
|
-26.4%
|
67,427
|
-5.0%
|
|
Interest on Investments
|
83,050
|
38,000
|
35,000
|
-
|
-57.9%
|
43,000
|
22.9%
|
|
Miscellaneous
|
338,302
|
311,192
|
311,192
|
-
|
-8.0%
|
305,898
|
-1.7%
|
|
|
|
|
|
Total
|
1,771,024
|
1,632,199
|
1,632,199
|
-
|
-7.8%
|
1,620,670
|
-0.7%
|
|
|
|
|
|
TOTAL CURRENT REVENUES
|
12,892,558
|
12,212,796
|
12,278,770
|
(65,974)
|
-5.3%
|
12,666,315
|
3.7%
|
|
|
|
|
|
Extraordinary Revenues
|
7,917
|
20,700
|
20,700
|
-
|
161.5%
|
5,400
|
-73.9%
|
|
|
|
|
|
GRAND TOTAL
|
12,900,475
|
12,223,496
|
12,299,470
|
(65,974)
|
-5.2%
|
12,671,715
|
3.6%
|
*Note: December and March estimates for FY2011 are the same.
Estimated Maryland Revenues Archive
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