Quarterly Business Review

3rd Quarter, 1997

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TABLE 2: SUMMARY OF EXCISE TAX RETURNS

AMOUNTS REPORTED BY TAX LINE

3RD QUARTER, 1997 ($000)

        STATE BUSINESS AND OCCUPATION TAX
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LINE         Column 1                    Column 2       Column 3       Column 4      Column 5       Column 6
 NO.    TAX CLASSIFICATION     CODE    GROSS AMOUNT    DEDUCTIONS   TAXABLE AMOUNT     RATE         TAX DUE
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  1  Extracting, Ext. for Hire  16        $489,413       $13,205        $476,208      .00484         $2,305

  2  Processing Meat-Whlse,     30         869,230        46,565         822,665      .00138          1,135
     Mfg. Wheat into Flour,
     Raw Seafood, Soybean
     and Canola Processing

  3  Travel Agent Commissions/  28         162,014         2,897         159,117      .00275            438
     Processing Dried Peas

  4  Intl Charter Freight       18         205,083        20,823         184,260      .00363            669
     Brokers and Stevedoring

  5  Insurance Agents/Brokers   14         225,213         1,416         223,797      .0055           1,231

  6  Manufacturing Fresh Fruit  21         545,234        21,915         523,320      .00330          1,727
     and Vegetables

  7  Processing for Hire/       10         713,656         6,891         706,765      .00484          3,421
     Printing and Publishing

  8  Manufacturing              07       8,501,037       220,739       8,280,298      .00484         40,077

  9  Wholesaling Wheat, Oats,   15         466,571        95,479         371,092      .00011             41
     Corn, Barley, etc.

 10  Internal Distribution -    06         193,801             0         193,801      .00484            938
     2 or More Outlets

 11  Wholesaling                03      31,437,454     8,760,590      22,676,864      .00484        109,756

 12  Warehousing, Radio and     11       1,177,098       164,909       1,012,189      .00484          4,899
     TV Broadcasting, Public
     Road Construction/
     Government Contracting

 13  Public or Nonprofit        55         799,506       181,259         618,248      .015            9,274
     Hospitals

 14  Selected Business          58       2,211,951       223,508       1,988,443      .02            39,769
     Services

 15  Financial Business         72       3,571,044     2,051,064       1,519,979      .016           24,320
     Services

 16  Cleanup of Radioactive     83         400,270         1,401         398,869      .00471          1,879
     Waste for U.S. Gov't

 17  Service & Other            04       7,210,973     1,362,197       5,848,776      .0175         102,353
     Activities

 18  Retailing of Interstate    19         885,412        50,289         835,123      .00484          4,042
     Transportation Equipment

 19  Retailing                  02      26,480,458     3,256,921      23,223,538      .00471        109,383

                        B&O TOTALS      86,545,420    16,482,069      70,063,351                    457,656
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        STATE SALES TAX AND USE TAX
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LINE         Column 1                    Column 2       Column 3       Column 4      Column 5      Column 6
 NO.    TAX CLASSIFICATION     CODE    GROSS AMOUNT    DEDUCTIONS   TAXABLE AMOUNT     RATE        TAX DUE*
------------------------------------------------------------------------------------------------------------
 20  Retail Sales Tax           01     $26,600,191     $8,190,690     $18,409,501     .065       $1,196,619

 21  Use Tax                    05         811,692              0         811,692     .065           52,761
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        STATE PUBLIC UTILITY TAX
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LINE         Column 1                    Column 2        Column 3      Column 4      Column 5      Column 6
 NO.    TAX CLASSIFICATION     CODE    GROSS AMOUNT     DEDUCTIONS  TAXABLE AMOUNT     RATE         TAX DUE
------------------------------------------------------------------------------------------------------------
 54  Water Distribution         60        $151,771         $9,215        $142,556     .05029         $7,165

 55  Sewer Collection           61          73,970         31,448          42,522     .03852          1,637

 56  Express                    09           3,888          3,435             453     .03852             17

 57  Power                      49         868,684        167,511         701,173     .03873         27,156

 58  Gas Dist., Telegraph       26          95,901         10,997          84,904     .03852          3,270

 59  Motor Transportation,      08         902,268        701,490         200,778     .01926          3,853
     Railroad, Railroad Car

 60  Urban Transportation/      12          91,206         12,898          78,308     .00642            501
     Vessels Under 65 Feet

 61  Other Public Service       13         157,666        125,031          32,635     .01926            628

         PUBLIC UTILITY TAX TOTALS       2,345,302      1,062,101       1,283,201                    44,226
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        OTHER TAXES
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LINE         Column 1                    Column 2        Column 3      Column 4      Column 5      Column 6
 NO.    TAX CLASSIFICATION     CODE    GROSS AMOUNT     DEDUCTIONS  TAXABLE AMOUNT     RATE         TAX DUE
------------------------------------------------------------------------------------------------------------
 62  Tobacco Products           20         $11,246         $3,858          $7,387     .7490          $5,533

 63  Refuse Collection          64         221,844         59,736         162,108     .036            5,836

 64  Petroleum Tax              57               0              0               0     .005                0

 65  Hazardous Substance        65       1,841,825        121,534       1,720,291     .007           12,042

 66  Litter Tax                 36          15,082              0          15,082     .00015              2

 68  Syrup Tax                  54         Gallons                                    1.00            2,522

                 TOTAL OTHER TAXES                                                                   25,936
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                                                                           TOTAL STATE TAXES**   $1,777,197

 *      Reflects reported tax liability prior to any applicable tax credits.  
**      Does not include $36,210,000 in retail sales and use tax collected by 
        county auditors and the Department of Licensing.

NOTE:   City, county and transit sales/use tax is reported in the "Local 
Tax Distributions" report.

Average effective business tax rate, excluding retail sales/use tax, for 
all sources reported on the combined excise tax 
return = 0.59 percent (tax due amount (except sales/use) / gross amount 
for B&O and public utility taxes).