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SUGGESTED EXCISt_ r AX REDISTRIBUTION
<br />State Wayne County
<br /> Increase Increase
<br />Now Proposed Decrease Now Proposed Decrease
<br />Reduce Liquor Excise Tax 28% 71,000,000 10% 25,357,143 -45,642,857 710,000 (1) 253,571 (2) -456,429
<br />Eliminate Bailment Surcharge 1,800,000 0 -1,800,000 0 25,000 (3) 25,000
<br />Profit on Liquor ~ 0 0 250,000 (4) 706,429 (5) 456,429
<br />6¢ Excise on Beer Can/Bottle
<br />General Fund 0 94,000,000 94,000,000 ' 0 203,162 (6) 203,162
<br />ABC Commission Budget 0 2,000,000 2,000,000
<br />96,000,000 96,000,000
<br />6¢ Excise on Wine Bollle ~ 0 2,617,246 2,617,246 " 0 27,458 (7) 27,45f3
<br />Fees From Renewable Permits 2,325,725 5,247,500 2,921,775
<br />75,125,725 129,221,889 54,096,164 960,000
<br />(1) Slate Excise Tax "Now" tirnes 1
<br />(2) Slate Excise Tax "Proposed" times 1%
<br />(3) Bailment Surcharge retained
<br />(4) Current Profit from sales
<br />(5) Projected Profit with reduced Excise Taxes
<br />(6) Projected return of Excise Tax from increase in Beer Tax
<br />(7) Projected return of Excise Tax from increase ire Wine Tax
<br />" 23.75% is distributed back to localities 62% unforlified f~ 22% fortified collections distributed back to localities
<br />1,215,620 255,620
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<br />Revised 3/1ti/9t;
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