Quarterly Business Review

Fourth Quarter 1997

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	          TABLE 2:  SUMMARY OF EXCISE TAX RETURNS

	                AMOUNTS REPORTED BY TAX LINE

	                  4TH 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
------------------------------------------------------------------------------------------------------------

  1  Extracting, Ext. for Hire  16        $468,848       $15,081        $453,767      .00484         $2,204

  2  Processing Meat-Whlse,     30         883,534        98,504         785,031      .00138          1,135
     Mfg. Wheat into Flour,
     Raw Seafood, Soybean
     and Canola Processing

  3  Travel Agent Commissions/  28         171,218         3,214         168,004      .00275            466
     Processing Dried Peas

  4  Intl Charter Freight       18         251,967        44,876         207,091      .00363            753
     Brokers and Stevedoring

  5  Insurance Agents/Brokers   14         314,731         1,716         313,015      .0055           1,735

  6  Manufacturing Fresh Fruit  21         533,049        22,819         510,229      .00330          1,684
     and Vegetables

  7  Processing for Hire/       10         891,244         6,707         884,537      .00484          4,283
     Printing and Publishing

  8  Manufacturing              07       9,593,814       236,765       9,357,049      .00484         45,295

  9  Wholesaling Wheat, Oats,   15         703,895       161,030         542,864      .00011             60
     Corn, Barley, etc.

 10  Internal Distribution -    06         202,746             0         202,746      .00484            981
     2 or More Outlets

 11  Wholesaling                03      36,061,360    10,899,390      25,161,970      .00484        121,779

 12  Warehousing, Radio and     11       1,413,940       529,670         884,270      .00484          4,282
     TV Broadcasting, Public
     Road Construction/
     Government Contracting

 13  Public or Nonprofit        55         827,292       191,832         635,460      .015            9,532
     Hospitals

 14  Selected Business          58       2,639,538       347,411       2,292,128      .02            45,843
     Services

 15  Financial Business         72       2,418,696       931,596       1,487,100      .016           23,794
     Services

 16  Cleanup of Radioactive     83         270,266            41         270,225      .00471          1,273
     Waste for U.S. Gov't

 17  Service & Other            04       8,641,036     1,791,241       6,849,795      .0175         119,996
     Activities

 18  Retailing of Interstate    19         801,249        71,267         729,982      .00484          3,533
     Transportation Equipment

 19  Retailing                  02      28,058,836     4,006,797      24,052,039      .00471        113,286

                        B&O TOTALS      95,147,259    19,359,958      75,787,302                    501,914
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	                       TABLE 2, CONTINUED

	                     4TH QUARTER, 1997 ($000)


	                   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     $28,239,467     $9,284,090     $18,955,377     .065       $1,232,101

 21  Use Tax                    05         789,899              0         789,899     .065           51,344
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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        $120,148         $7,159        $112,990     .05029         $5,660

 55  Sewer Collection           61          76,625         32,049          44,576     .03852          1,716

 56  Express                    09           1,462            936             526     .03852             20

 57  Power                      49       1,059,276        186,163         873,113     .03873         33,816

 58  Gas Dist., Telegraph       26         217,765          5,450         212,314     .03852          8,178

 59  Motor Transportation,      08       1,248,526      1,023,058         225,468     .01926          4,291
     Railroad, Railroad Car

 60  Urban Transportation/      12         108,166         20,278          87,889     .00642            557
     Vessels Under 65 Feet

 61  Other Public Service       13         115,833         87,381          28,452     .01926            545

         PUBLIC UTILITY TAX TOTALS       2,947,802      1,362,475       1,585,328                    54,783
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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         $14,536         $5,147          $9,388     .7490          $7,032

 63  Refuse Collection          64         214,072         57,202         156,870     .036            5,647

 64  Petroleum Tax              57               0              0               0     .005                0

 65  Hazardous Substance        65       1,707,030        123,011       1,584,018     .007           11,088

 66  Litter Tax                 36      29,663,766              0      29,663,766     .00015          4,450

 68  Syrup Tax                  54         Gallons                                    1.00            2,328

                 TOTAL OTHER TAXES                                                                   30,545
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                                                                           TOTAL STATE TAXES**   $1,870,687
* Reflects reported tax liability prior to any applicable tax credits. 
** Does not include $27,681,000 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 = 0.60 percent (tax due amount (except sales/use) / gross amount for 
B&O and public utility taxes).