Quarterly Business Review
4th Quarter, 1998
TABLE 7: PUBLIC UTILITY TAX:
GROSS INCOME, TAXABLE INCOME & TAX DUE
STATEWIDE AMOUNTS BY INDUSTRY
4TH 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% $134,443,819 $125,359,154 $6,288,407
WATER SUPPLY .............. 114,072,982 106,403,188 5,340,175
MISCELLANEOUS ............. 20,370,837 18,955,966 948,232
SEWER COLLECTION............. 3.852 82,658,563 51,747,558 1,992,597
SEWERAGE SYSTEMS........... 50,185,812 26,409,494 1,016,986
MISCELLANEOUS ............. 32,472,751 25,338,064 975,611
EXPRESS ..................... 3.852 241,805 241,805 9,308
POWER ....................... 3.873 1,176,258,356 905,080,371 35,053,524
GAS DISTRIBUTION/TELEGRAPH .. 3.852 220,713,485 217,024,700 8,358,813
TELEGRAPH ................. 12,087 12,087 -
GAS ....................... 53,887,044 53,812,555 2,072,861
GAS/ELECTRIC .............. 19,262,142 19,219,034 740,317
MISCELLANEOUS ............. 147,552,212 143,981,024 5,545,635
MOTOR TRANSPORTATION ........ 1.926 1,360,640,678 230,928,337 4,394,229
MANUFACTURING ............. 31,298,459 15,143,430 289,046
LOCAL/SUBURBAN TRANSIT .... 85,480,571 10,203,252 193,636
TRUCKING .................. 881,997,750 154,998,561 2,949,832
RAILROADS ................. 139,058,867 19,387,055 373,357
MISCELLANEOUS ............. 222,805,031 31,196,039 588,358
URBAN TRANSPORTATION ........ 0.642 108,458,133 92,553,923 584,577
LOCAL/SUBURBAN TRANSIT .... 30,235,642 20,916,782 128,666
TRUCKING .................. 57,389,490 51,793,428 329,621
MISCELLANEOUS ............. 20,833,001 19,843,713 126,290
OTHER PUBLIC SERVICE ........ 1.926 110,821,414 31,329,860 600,305
WATER TRANSPORT ........... 67,009,059 20,075,970 386,472
MISCELLANEOUS ............. 43,812,355 11,253,890 213,833
TOTAL........................ $3,194,236,253 $1,654,265,708 $57,281,760
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