Comptroller of Maryland. Serving the People. Peter Franchot, Comptroller
Spotlight on Maryland

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