W W W. M A I N E B I Z . B I Z 23
FA C T BO O K / D O I N G B U S I N E S S I N M A I N E
F I NA N C E
|
Q UA L I T Y O F L I F E
Total general
revenues
Individual
income tax
Sales and
use tax
Corporate
income tax
July $238,141 $87,441 $128,300 $5,902
August $297,309 $116,135 $133,919 $6,278
September $368,940 $167,361 $137,686 $31,440
October $294,351 $120,087 $127,860 $7,484
November $256,488 $116,888 $108,892 −$1,552
December $274,011 $149,248 $96,522 $28,453
January $323,707 $180,766 $124,455 $6,435
February $155,441 $47,818 $83,067 $246
March $195,681 $42,984 $82,245 $14,177
April $386,538 $221,336 $100,265 $30,667
May $253,350 $101,955 $100,290 $8,887
June $410,945 $171,834 $113,444 $36,821
TOTAL $3,454,904 $1,523,853 $1,336,945 $175,239
Maine's general revenues and the
state's three largest tax collection
categories, FY2017
Thousands of dollars
S O U R C E : Maine Offi ce of the State Controller
MONEY MARKET ACCOUNT
1.10%APY**
on balances $100,000.00 or more
0.60%APY**
on balances $75,000.00-$99,999.99
0.50%APY**
on balances $50,000.00-$74,999.99
0.30%APY**
on balances $25,000.00-$49,999.99
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**Requires a minimum opening balance of $25. Annual Percentage Yield
(APY) on balances between $0 and $4,999.99 is 0.01% APY; on balances
between $5,000 and $24,999.99 is 0.20% APY; on balances between $25,000
and $49,999.99 is 0.30% APY; on balances between $50,000 and $74,999.99;
0.50% APY; on balances between$75,000 and $99,999.99 is 0.60% APY; on
balances of $100,000 or more is 1.10% APY. A $10 per month fee is charged
with account balances fall below $5,000. Rates are valid as of 6/20/18.
Interest rate and APY are subject to change without notice. Fees may
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or transfers made in person, at the Bank, or at an ATM, as well
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