Estimated Maryland Revenue
MARYLAND GENERAL FUND REVENUE ESTIMATES FY 2010-2011
(Dollars shown in thousands)
|
|
|
FY 2010
|
FY 2011
|
|
|
FY 2009
|
Current
|
September
|
|
|
September
|
|
|
|
Actual
|
Estimate
|
Revision
|
Difference
|
% Growth
|
Estimate
|
% Growth
|
|
INCOME TAXES
|
|
|
|
|
Individual
|
6,477,157
|
6,602,155
|
6,121,847
|
(480,308)
|
-5.5%
|
6,358,220
|
3.9%
|
|
Corporations*
|
550,740
|
555,510
|
495,013
|
(60,497)
|
-10.1%
|
541,071
|
9.3%
|
|
Total
|
7,027,897
|
7,157,665
|
6,616,860
|
(540,805)
|
-5.8%
|
6,899,291
|
4.3%
|
|
|
|
|
|
SALES AND USE TAXES
|
3,620,431
|
3,605,424
|
3,523,871
|
(81,553)
|
-2.7%
|
3,647,243
|
3.5%
|
|
|
|
|
|
STATE LOTTERY RECEIPTS
|
473,206
|
507,103
|
522,975
|
15,873
|
10.5%
|
530,412
|
1.4%
|
|
|
|
|
|
OTHER REVENUES
|
|
|
|
|
Business Franchise Taxes
|
201,378
|
216,123
|
216,123
|
-
|
7.3%
|
216,123
|
0.0%
|
|
Tax on Insurance Companies
|
275,203
|
305,232
|
275,753
|
(29,479)
|
0.2%
|
281,268
|
2.0%
|
|
|
|
|
|
Death Taxes
|
205,492
|
177,638
|
180,209
|
2,571
|
-12.3%
|
178,274
|
-1.1%
|
|
|
|
|
|
Tobacco Tax
|
405,579
|
399,120
|
380,250
|
(18,870)
|
-6.2%
|
375,672
|
-1.2%
|
|
Alcoholic Beverages Excises
|
29,168
|
29,614
|
29,512
|
(102)
|
1.2%
|
29,866
|
1.2%
|
|
Motor Vehicle Fuel Tax
|
6,500
|
8,386
|
8,386
|
-
|
29.0%
|
-
|
-
|
|
|
|
|
|
District Courts
|
89,379
|
88,750
|
88,579
|
(171)
|
-0.9%
|
87,515
|
-1.2%
|
|
Clerks of Court
|
40,514
|
32,801
|
42,015
|
9,214
|
3.7%
|
40,172
|
-4.4%
|
|
|
|
|
|
Hospital Patient Recoveries
|
96,462
|
66,396
|
65,716
|
(680)
|
-31.9%
|
67,060
|
2.0%
|
|
Interest on Investments
|
83,050
|
73,000
|
38,000
|
(35,000)
|
-54.2%
|
48,500
|
27.6%
|
|
Miscellaneous
|
338,302
|
329,769
|
326,000
|
(3,769)
|
-3.6%
|
332,520
|
2.0%
|
|
|
|
|
|
Total
|
1,771,024
|
1,726,829
|
1,650,543
|
(76,286)
|
-6.8%
|
1,656,970
|
0.4%
|
|
|
|
|
|
TOTAL CURRENT REVENUES
|
12,892,558
|
12,997,020
|
12,314,249
|
(682,771)
|
-4.5%
|
12,733,916
|
3.4%
|
|
|
|
|
|
Extraordinary Revenues
|
7,917
|
-
|
-
|
-
|
-
|
-
|
-
|
|
|
|
|
|
GRAND TOTAL
|
12,900,475
|
12,997,020
|
12,314,249
|
(682,771)
|
-4.5%
|
12,733,916
|
3.4%
|
Updated by the Board of Revenue Estimates, September 17, 2009.
Estimated Maryland Revenues Archive
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