Quarterly Business Review

1st Quarter, 1998

________________________________________________________________________________________________________________

TABLE 2:  SUMMARY OF EXCISE TAX RETURNS

AMOUNTS REPORTED BY TAX LINE

1ST QUARTER,1998 ($000)

STATE BUSINESS AND OCCUPATION TAX
________________________________________________________________________________________________________________
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        $246,619        $8,870        $237,750      .00484         $1,151

  2  Processing Meat-Whlse,     30         797,045        50,821         746,224      .00138          1,030
     Mfg. Wheat into Flour,
     Raw Seafood, Soybean
     and Canola Processing

  3  Travel Agent Commissions/  28         114,973         1,879         113,094      .00275            311
     Processing Dried Peas

  4  Intl Charter Freight       18         194,777        17,379         177,398      .00363            644
     Brokers and Stevedoring

  5  Insurance Agents/Brokers   14         234,742           951         233,791      .0055           1,286

  6  Manufacturing Fresh Fruit  21         503,103        25,276         477,827      .00330          1,577
     and Vegetables

  7  Processing for Hire/       10         834,959         8,432         826,527      .00484          3,726
     Printing and Publishing

  8  Manufacturing              07       7,854,143       219,377       7,634,765      .00484         36,952

  9  Wholesaling Wheat, Oats,   15         539,558       124,461         415,097      .00011             46
     Corn, Barley, etc.

 10  Internal Distribution -    06         174,933             0         174,933      .00484            847
     2 or More Outlets

 11  Wholesaling                03      26,949,661     6,344,453      20,605,208      .00484         95,949

 12  Warehousing, Radio and     11         826,929       123,343         703,586      .00484          3,405
     TV Broadcasting, Public
     Road Construction/
     Government Contracting

 13  Public or Nonprofit        55         814,414       177,187         637,226      .015            9,558
     Hospitals

 14  Selected Business          58       2,369,938       242,618       2,127,320      .02            42,523
     Services

 15  Financial Business         72       2,362,952       836,461       1,526,491      .016           24,413
     Services

 16  Cleanup of Radioactive     83         332,871           140         332,732      .00471          1,567
     Waste for U.S. Gov't

 17  Service & Other            04       7,010,687     1,442,121       5,568,566      .0175          97,172
     Activities

 18  Retailing of Interstate    19         770,491        55,183         715,308      .00484          2,872
     Transportation Equipment

 19  Retailing                  02      24,183,534     3,187,608      20,995,926      .00471         98,017

                        B&O TOTALS      77,116,329    13,006,088      64,249,769                    423,045
------------------------------------------------------------------------------------------------------------
	TABLE 2, CONTINUED

	1ST QUARTER, 1998 ($000)



	STATE SALES TAX AND USE TAX
------------------------------------------------------------------------------------------------------------
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     $24,301,069     $8,194,823     $16,106,245     .065       $1,046,907

 21  Use Tax                    05         737,885              0         737,885     .065           47,887
------------------------------------------------------------------------------------------------------------

	STATE PUBLIC UTILITY TAX
------------------------------------------------------------------------------------------------------------
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        $103,306         $4,632         $98,673     .05029         $4,958

 55  Sewer Collection           61          71,118         29,694          41,425     .03852          1,595

 56  Express                    09           4,740          4,226             514     .03852             20

 57  Power                      49       1,105,551        153,725         951,826     .03873         36,864

 58  Gas Dist., Telegraph       26         261,662         15,152         246,509     .03852          9,495

 59  Motor Transportation,      08         741,987        574,695         167,292     .01926          3,205
     Railroad, Railroad Car

 60  Urban Transportation/      12          79,174          9,914          69,260     .00642            443
     Vessels Under 65 Feet

 61  Other Public Service       13         167,763        134,120          33,643     .01926            647

         PUBLIC UTILITY TAX TOTALS       2,535,302        926,158       1,609,144                    57,227
------------------------------------------------------------------------------------------------------------

	OTHER TAXES
------------------------------------------------------------------------------------------------------------
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         $12,121         $4,153          $7,968     .7490          $5,968

 63  Refuse Collection          64         207,636         55,658         151,978     .036            5,471

 64  Petroleum Tax              57               0              0               0     .005                0

 65  Hazardous Substance        65       1,286,998         90,775       1,196,224     .007            8,374

 66  Litter Tax                 36          48,860              0          48,860     .00015              7

 68  Syrup Tax                  54         Gallons                                    1.00            2,165

                 TOTAL OTHER TAXES                                                                   21,985
------------------------------------------------------------------------------------------------------------
                                                                           TOTAL STATE TAXES**   $1,597,051
 *	Reflects reported tax liability prior to any applicable tax credits.  
**	Does not include $25,634,000 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.