CONDENSED ANNUAL STATEMENT OF REVENUES AND EXPENDITURES

Fiscal Year Ended June 30, 1969

REVENUES
TOTAL STATE TREASURY RECEIPTS.....................................................		$2,720,468,000
LESS — INVESTMENT TRANSACTIONS, REVOLVING RECEIPTS, ETC.. ...........		1,507,006,000
NET OPERATING REVENUES
TAXES AND OTHER REVENUES (After Refunds). .................................	............... $937,483,000
CONSTRUCTION BOND ISSUES......................................................................	............... 106,658,000
FEDERAL FUNDS................................................................................................	......... 169,321,000
NET TOTAL...................................................................		$1,213,462,000
EXPENDITURES
TOTAL STATE TREASURY DISBURSEMENTS.....................................		$2,735,082,000
LESS — INVESTMENT TRANSACTIONS, REVOLVING
DISBURSEMENTS, ETC.......................................................................................		1,570,875,000
NET OPERATING EXPENDITURES
EDUCATION, SOCIAL SERVICES, HEALTH.......................................................	............... $629,712,000
HIGHWAYS. ......................................................................................................	............... 198,979,000
DISTRIBUTION To LOCAL GOVERNMENTS....................................................	............... 58,724,000
CONSTRUCTION AND EQUIPMENT OF STATE BUILDINGS........................	............... 69,558,000
DEBT SERVICE..................................................................................................	............... 58,390,000
ADMINISTRATION, PUBLIC SAFETY, ETC.......................................................	............... 148.844,000
NET TOTAL.................................................................		$1,164,207,000
EXCESS OF REVENUES OVER EXPENDITURES....................................		$ 49,255,000