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Maryland Manual, 1950
Volume 163, Page 25   View pdf image (33K)
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MARYLAND MANUAL 25

agency, after review by the Director of Budget and Procurement.
The Board may borrow upon the credit of the State, at any time be-
tween the sessions of the General Assembly, sums not to exceed
$60,000, to meet temporary deficits in the treasury; and in addi-
tion, it may borrow upon the credit of the State total amounts not
exceeding $1,000,000 in anticipation of taxes levied for any year.
All such loans shall bear interest at a rate determined by the Board,
and shall mature and be repaid on or before the end of the biennium
in which the money is borrowed. The Board has power to adopt rules
and regulations, upon recommendation of the Comptroller, covering
matters of business administration in the various departments, insti-
tutions and agencies of the State, including the fixing of uniform rates
of mileage allowance, and the terms and renewals of all bonds fur-
nished by State officials and employees. The sale, lease or transfer
of any property, either real or personal belonging to any State
agency or institution must be approved, and the conveyance signed by
the Board and the highest official of the agency or institution. In
cases where no agency or institution claims the property the Board
shall execute the conveyance. The Board of Public Works also has:

custody of the Emergency Appropriation Funds which are used to
supplement the budgets of the agencies and institutions of the State.
The Board of Public Works also has power to authorize the disposal
of the records of any agency or institution of the State, when those
records have not been accepted by the Hall of Records Commission
(Code 1939 and 1947 Supp., Art. 78A, sees. 1-8B, Acts 1949, Ch. 765).

Expenditures, 1949 ...........--..............--...$7,702.57

Appropriation, 1950 ........................................................................ 6,565.00

Staff: 1.

COMPTROLLER OF THE TREASURY

James J. Lacy, Comptroller of the Treasury, 1951
Joseph O'C. McCusker, Chief Deputy Comptroller
John F. Wilson, Deputy Comptroller
Edna 0. Dempsey, Deputy Comptroller
Abbie M. Sullivan, Deputy Comptroller

George E. Gannon, Chief Accountant
Mathew A. Powers, Chief License Inspector
Bernard P. Nossel, Chief, Gasoline Tax Division
Roger V. Laynor, Chief, Alcoholic Beverage Tax Division
Eoger C. Paxson, Chief, Income Tax Division
Walter E. Kennedy, Chief, Retail Sales Tax Devision
State Office Building, Annapolis Telephone: Annapolis 2631

The Office of the Comptroller of the Treasury was established in
1851. The Comptroller is elected by popular vote for a term of four
years (Const. 1867, Art. VI, sec. 1). He has general superintendence
over the fiscal affairs of the State, preparing plans for the improve-
ment and management of the revenue, and for the support of the
public credit. The Comptroller's Office maintains the central account-
ing office of the State, approving warrants for all money to be paid
out of the Treasury. The Comptroller or his deputies countersign all
checks drawn by the Treasurer upon the deposits of the State. The
Comptroller prescribes the formalities for the transfer, or other evi-

 

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Maryland Manual, 1950
Volume 163, Page 25   View pdf image (33K)
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