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Maryland Manual, 1961-62
Volume 169, Page 100   View pdf image (33K)
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100 MARYLAND MANUAL

Programming Division has the responsibility for advising the Com-
mission and Director of Highways and furnishing functional guidance
to the staff divisions on highway plans and programs, the economic
and financial factors pertaining thereto, highway classifications and
legislation and related matters. The Engineering Division is respon-
sible for supervision of all survey, engineering design, construction
and maintenance activities of the Commission. The Right-of-Way Divi-
sion acquires the rights of way necessary for new highways and
bridges, as well as for modernization of existing highways and bridges.

Financing the State Roads System

The Legislature of 1953, after consideration of a twelve-year pro-
gram for road construction and reconstruction, authorized the Com-
mission to issue additional State Highway Construction Bonds to the
amount of $330,000,000 par value (subject to certain limitations includ-
ing provision that the maximum principal amount of all State High-
way Construction Bonds outstanding at any time shall not exceed
$300,000,000) to finance, in part, the reconstruction of both primary
and secondary roads of the State Highway System and to develop and
construct new roads made mandatory by traffic demands. As of June
30, 1961, State Highway Construction Bonds, Second Issue, of a total
par value of $192,500,000 had been issued against the $330,000,000
authorization, of which $182,100,000 were outstanding. In addition
$37,673,000 of bonds were outstanding of the $100,000,000 issue author-
ized by the 1947 Legislature.

The Commission's fifty percent share of the Gasoline Tax Fund and
the Excise Tax on Issuance of Certificates of Title to Motor Vehicles
are pledged for debt service of State Highway Construction Bonds;
the remainder of such revenues, together with Federal appropriations,
contributions from the counties, and proceeds from the sale of State
Highway Construction Bonds, is available for the construction of high-
ways and bridges. Under certain conditions a sum not in excess of
$6,000,000, authorized by the 1961 Legislature, may be transferred in
any fiscal year from the Construction Fund to the Maintenance Fund,
such funds to be used for the maintenance and operation of the State
Highway System.

The State Roads Commission also receives a fifty percent share of
the Motor Vehicle Revenue Fund for maintaining and operating the
State Highway System, and for other maintenance.

Appropriations available to the Commission for the construction
and reconstruction of roads will be supplemented, as required, by pro-
ceeds from the sale of State Highway Construction Bonds to be issued
under the 1953 authorization. The several counties may participate in
the issue of County Highway Construction Bonds as authorized by the
1953 Acts (Code 1957, Art. 89B).

Appropriations—1961
Special Funds (including Federal Aid):
Sinking Fund Provision—State Highway Construction

Bonds $ 16,624,890
Construction of Primary and Secondary Highways—

State System 44,794,118
Maintenance of Highways—State System 10,774,885
Enforcement of Motor Vehicle Weight-and-Size

Limitations 402,625
County and Municipality Funds 35,400,661

Total . $107,997,179

 

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Maryland Manual, 1961-62
Volume 169, Page 100   View pdf image (33K)
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