STATE OF MARYLAND

Schedule of General Government Revenues by Source,

Expenditures by Function and Other Sources (Uses)

of Financial Resources and Changes in Fund Balances

General, Special Revenue, Debt Service and Capital Projects Funds

Last Ten Fiscal Years
(Expressed in Thousands)

				Y«	;ar ended J	Fune 30,
	1996	1995	1994	1993	1992	1991	1990	1989	1988(1)	1987
Revenues:
Income taxes.. ........ ...................................................	$ 3,796,251	$ 3,669,027	$ 3,590,562	$ 3,303,678 $	3,043,695	3,035,505	$3,096,423	$3,037,900	$2,676,213	$2,484,692
Retail sales and use taxes. .....................................	2,000,298	1,951,031	1,814,948	1,718,152	1,579,785	1,540,887	1,571,867	1,507,053	1,423,585	1,302,463
Motor vehicle taxes and fees..... ............................	1,321,412	1,298,132	1,225,531	1,119,416	990,540	919,220	955,253	963,119	948,408	794,946
Other taxes..... ...........................................................	1,065,176	1,031,735	1,053,998	1,039,108	902,757	848,052	894,729	861,758	823,790	751,081
Other licenses and fees...........................................	211,817	216,621	193,216	197,255	142,525	125,476	113,189	109,523	111,453	102,285
Charges for services ................ ................................	670,901	803,183	691,597	630,597	608,385	403,942	331,312	333,342	353,270	284,983
Interest and other investment income.................	114,986	100,626	56,120	35,158	33,399	73,990	125,655	125,877	90,441	65,436
Federal .......................................................................	3,357,959	3,277,297	2,630,278	2,530,226	2,422,678	1,982,214	1,825,753	1,693,289	1,578,753	1,493,164
Gain on defeasance of transportation bonds......										39,543
Other ..........................................................................	186,902	190,297	215,761	251,737	258,042	250,109	192,183	188,241	184,384	174,834
Total revenues ..................................................	12,725,702	12,537,949	11,472,011	10,825,327	9,981,806	9,179,395	9,106,364	8,820,102	8,190,297	7,493,427
Expenditures:
Current
General government ............................................	520,419	616,518	536,542	494,041	482,752	475,868	453,164	437,089	410,519	266,251
Education ..............................................................	2,818,909	2,637,338	2,497,869	2,389,155	2,292,608	2,218,148	2,052,303	1,902,965	1,759,450	1,621,797
Business and economic development ..............	42,259	163,735	149,647	155,575	148,413	152,121	147,404	118,804	113,605
Labor, licensing and regulation .........................	155,495
Human resources .................................................	1,344,361	1,382,650	954,822	926,954	916,320	907,736	753,935	695,029	669,341	680,408
Health and mental hygiene.................................	3,132,078	3,240,900	2,965,057	2,781,409	2,767,977	2,350,469	1,990,090	- 1,784,992	1,609,327	1,567,412
Environment.............................. — ........................	71,911	64,943	60,567	51,598	61,294	62,608	52,245	45,114	37,140
Transportation ......................................................	859,208	783,786	752,679	692,454	593,861	575,696	544,037	550,045	537,686	486,551
Public saftey and judicial ...................................	1,061,974	938,507	896,938	862,311	832,312	791,728	728,105	648,200	559,804	536,267
Housing and community
development......................................................	67,093	69,611	75,746	102,725	115,471	56,835	62,179	56,024	52,273	39,890
Natural resources and recreation......................	123,681	116,530	114,678	111,559	126,875	126,863	123,297	107,450	98,541	94,254
Agriculture.............................................................	43,010	34,872	28,774	27,185	33,167	52,785	43,819	37,193	30,626	31,453
Personnel and retirement ........................ ...........										21,773
Intergovernmental ....................................................	933,700	937,236	784,990	700,119	705,008	810,313	815,738	804,665	784,255	690,520
Debt service ..............................................................	601,999	506,031	467,279	488,153	451,600	477,156	467,197	454,474	435,886	444,079
Capital outlays..........................................................	1,047,936	1,075,888	784,555	759,224	830,178	1,166,021	1,142,035	925,589	929,024	833,923
Total expenditures ...........................................	12,824,033	12,568,545	11,070,143	10,542,462 1	0,357,836	10,224,347	9,375,548	8,567,633	8,027,477	7,314,578
Excess (deficiency) of revenues over
expenditures................ ..................................	(98,331)	(30,596)	401,868	282,865	(376,030)	(1,044,952)	(269,184)	252,469	162,820	178,849
Other sources (uses) of financial resources:
Capital leases ............................................................	62,930	16,872	41,835	15,577	64,418	26,648	3,008	12,384	30,250	12,743
Proceeds from bond issues. ...................................	469,504	566,384	416,780	332,419	464,197	617,338	499,688	265,191	321,358	275,068
Proceeds from loans to other funds. ....................					40,000	25,000
Proceeds from refunding bonds ............................			802,701	303,218						29,053
Operating transfers in .............................................	910,063	1,033,400	759,879	313,804	333,976	365,166	353,254	319,604	337,107	332,366
Operating transfers in from component units ....	1,339
Operating transfers out............. ............ ..................	(548,955)	(1,342,979)	(1,024,000)	(650,893)	(644,333)	(727,465)	(863,240)	(613,723)	(507,772)	(478,367)
Operating transfers out to component units.......	(680,339)
Recognition of fund liability ..................................				(65,000)
Defeasance of bonds. ..............................................										(155,725)
Payment to refunded bond escrow
agent .......................................................................			(802,701)	(298,759)						(29,053)
Payment to refunded leases escrow
agent............. ..........................................................			(8,567)
Net other sources (uses) of financial
resources ........................... ................................	214,542	273,677	185,927	(49,634)	258,258	306,687	(7,290)	(16,544)	180,943	(13,915)
Excess (deficiency) of revenues over
expenditures and net other sources (uses)
of financial resources. .....................................	116,211	243,081	587,795	233,231	(117,772)	(738,265)	(276,474)	235,925	343,763	164,934
Fund balance, July 1 ...................................................	1,360,269	1,117,188	529,393	137,467	246,889	985,154	1,261,628	1,025,703	681,940	517,006
Adjustments ..............................................................				154,295(4)
Fund balance, July 1, as restated..............................				291,762
Residual equity transfers ........................................				4,400(3)	8,350(2	0
Fund balance, June 30................................................!	& 1,476,480 !	& 1,360,269 !	& 1,117,188 !	& 529,393 $	137,467	$ 246,889	$ 985,154	$1,261,628	$1,025,703	$ 681,940

Source: General Accounting Division, State Comptroller's Office

(1) Beginning in fiscal year 1988, as a result of a State-wide reorganization, certain expenditures are reported in different classifications.

(2) During 1992 the Economic Development Loan Programs returned $8,350,000 to the General Fund. This return of contributed capital has been reported as an equity transfer.

(3) During 1993 the Economic Development Loan Programs returned $4,400,000 to the General Fund. This return of contributed capital has been reported as an equity transfer.

(4) Effective July 1, 1992, the Maryland Transportation Authority's activities were recorded in the special revenue and debt service funds and its beginning equity was
reclassified from the enterprise fund to the respective governmental funds.

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