Quarterly Business Review

2nd Quarter, 1998

_______________________________________________________________________________________________

	TABLE 2:  SUMMARY OF EXCISE TAX RETURNS

	AMOUNTS REPORTED BY TAX LINE

	2ND 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        $317,816        $9,638        $308,178      .00484         $1,492

  2  Processing Meat-Whlse,     30         852,777        62,976         789,801      .00138          1,090
     Mfg. Wheat into Flour,
     Raw Seafood, Soybean
     and Canola Processing

  3  Travel Agent Commissions/  28         158,502         3,402         155,100      .00275            427
     Processing Dried Peas

  4  Intl Charter Freight       18         192,856        19,540         173,316      .00363            629
     Brokers and Stevedoring

  5  Insurance Agents/Brokers   14         236,912         1,651         235,261      .0055           1,294

  6  Manufacturing Fresh Fruit  21         519,168        22,976         496,191      .0033           1,637
     and Vegetables

  7  Processing for Hire/       10         879,086        11,264         867,823      .00484          4,200
     Printing and Publishing

  8  Manufacturing              07       8,841,294       232,092       8,609,202      .00484         41,669

  9  Wholesaling Wheat, Oats,   15         286,752       111,914         174,838      .00011             19
     Corn, Barley, etc.

 10  Internal Distribution -    06         200,525             0         200,525      .00484            971
     2 or More Outlets

 11  Wholesaling                03      31,843,200     7,164,850      24,678,350      .00484        119,443

 12  Warehousing, Radio and     11         901,286       134,717         766,569      .00484          3,710
     TV Broadcasting, Public
     Road Construction/
     Government Contracting

 13  Public or Nonprofit        55         842,657       186,434         656,223      .015            9,843
     Hospitals

 14  Selected Business          58       2,571,286       256,197       2,315,089      .02            46,302
     Services

 15  Financial Business         72       2,458,787       851,322       1,607,465      .016           25,719
     Services

 16  Cleanup of Radioactive     83         289,454            50         289,403      .00471          1,363
     Waste for U.S. Gov't

 17  Service & Other            04       7,401,510     1,468,271       5,933,239      .0175         103,832
     Activities

 18  Retailing of Interstate    19         978,310        56,612         921,698      .00484          4,461
     Transportation Equipment

 19  Retailing                  02      27,624,647     3,623,628      24,001,019      .00471        113,046

                        B&O TOTALS      87,396,826    14,217,535      73,179,291                    481,147
------------------------------------------------------------------------------------------------------------

	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     $27,737,779     $9,149,914     $18,587,865     .065       $1,208,213

 21  Use Tax                    05         800,066              0         800,066     .065           52,005
------------------------------------------------------------------------------------------------------------

	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        $115,826         $6,997        $108,829     .05029         $5,471

 55  Sewer Collection           61          74,166         30,868          43,298     .03852          1,667

 56  Express                    09           1,472            925             547     .03852             21

 57  Power                      49         892,865        139,761         753,104     .03873         29,168

 58  Gas Dist., Telegraph       26         141,252          8,474         132,777     .03852          5,114

 59  Motor Transportation,      08         880,245        691,067         189,179     .01926          3,629
     Railroad, Railroad Car

 60  Urban Transportation/      12         100,631         23,243          77,387     .00642            495
     Vessels Under 65 Feet

 61  Other Public Service       13          73,636         40,555          33,081     .01926            637

         PUBLIC UTILITY TAX TOTALS       2,280,092        941,890       1,338,202                    46,202
------------------------------------------------------------------------------------------------------------

	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          $9,773         $4,908          $4,865     .7490          $3,644

 63  Refuse Collection          64         222,727         60,129         162,598     .036            5,854

 64  Petroleum Tax              57               0              0               0     .005                0

 65  Hazardous Substance        65       1,707,203         92,099       1,615,104     .007           11,306

 66  Litter Tax                 36          22,297              0          22,297     .00015              3

 68  Syrup Tax                  54         Gallons                                    1.00            2,569

                 TOTAL OTHER TAXES                                                                   23,376
------------------------------------------------------------------------------------------------------------
                                                                           TOTAL STATE TAXES**   $1,810,943
 *	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.