Quarterly Business Review
3rd Quarter, 1998
TABLE 7: PUBLIC UTILITY TAX:
GROSS INCOME, TAXABLE INCOME & TAX DUE
STATEWIDE AMOUNTS BY INDUSTRY
3RD QUARTER, 1998
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OPERATING INCOME SUBJECT TO TAX ACCRUED
TYPE OF UTILITY GROSS TAXABLE STATE TAX
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WATER DISTRIBUTION........... 5.029% $171,322,330 $161,183,384 $8,103,887
WATER SUPPLY .............. 149,176,130 139,752,745 7,027,354
MISCELLANEOUS ............. 22,146,200 21,430,639 1,076,533
SEWER COLLECTION............. 3.852 76,266,309 44,851,362 1,727,147
SEWERAGE SYSTEMS........... 44,764,865 21,043,596 810,249
MISCELLANEOUS ............. 31,501,444 23,807,766 916,898
EXPRESS ..................... 3.852 1,235,244 332,474 12,807
POWER ....................... 3.873 973,946,572 752,362,373 29,138,940
GAS DISTRIBUTION/TELEGRAPH .. 3.852 86,586,825 84,620,983 3,259,587
TELEGRAPH ................. 16,058 16,058 619
GAS ....................... 28,034,927 27,976,020 1,077,637
GAS/ELECTRIC .............. 7,205,021 7,163,263 275,929
MISCELLANEOUS ............. 51,330,819 49,465,642 1,905,402
MOTOR TRANSPORTATION ........ 1.926 974,128,081 209,314,283 4,018,089
MANUFACTURING ............. 28,276,611 14,538,775 279,066
LOCAL/SUBURBAN TRANSIT .... 35,485,031 10,327,613 198,588
TRUCKING .................. 601,513,445 136,372,723 2,619,132
RAILROADS ................. 138,751,709 17,585,812 338,703
MISCELLANEOUS ............. 170,101,285 30,489,360 582,600
URBAN TRANSPORTATION ........ 0.642 103,884,785 85,107,507 545,128
LOCAL/SUBURBAN TRANSIT .... 28,823,892 17,011,564 108,872
TRUCKING .................. 54,734,744 48,358,417 310,030
MISCELLANEOUS ............. 20,326,149 19,737,526 126,226
OTHER PUBLIC SERVICE ........ 1.926 79,593,803 34,028,876 654,856
WATER TRANSPORT ........... 59,082,051 22,129,470 426,174
MISCELLANEOUS ............. 20,511,752 11,899,406 228,682
TOTAL........................ $2,466,963,949 $1,371,801,242 $47,460,441