each State employee a record of his total earnings and the amount
withheld for Federal Tax, Social Security, and State Tax.

The field audit section makes regular audits of payroll records at
the agency level to assure compliance with laws, rules and regulations
of the Bureau, the Commissioner of Personnel, the Standard Salary
Board and the Board of Public Works.

Appropriations 1961 1962

General Funds $148,329 $173,010
Staff: 27.

STATE TREASURER

Hooper S. Miles, Treasurer, 1963
Charles M. Speicher, Chief Deputy
H. M. Pawley, Deputy
J. Hugh Taylor, Deputy

Treasury Building, Annapolis Telephone: Colonial 8-8371
1835 Mathieson Building, Baltimore 2 Telephone: 727-5166

Under the Constitution of 1776, there were two State Treasurers—
the Treasurer of the Eastern Shore and the Treasurer of the West-
ern Shore. In 1841 a constitutional amendment consolidated the two
offices. The present constitution provides that the Treasurer shall
be elected by joint ballot of both Houses of the General Assembly for
a term of four years. The Treasurer is responsible for depositing
each day the money of the State in an authorized depository. The
Treasurer or his deputy must sign all checks countersigned by the
Comptroller or an authorized deputy. The Treasurer invests unex-
pended or surplus funds of the State which are available for invest-
ment purposes and is the custodian of the State's insurance, all
stocks, bonds, or other investments of the State, and securities
pledged by all insurance companies, foreign building and homestead
associations, and all banks holding deposits of State Funds, as re-
quired by the laws of the State. He publishes in a Baltimore news-
paper a monthly balance of all State funds held in authorized de-
positories and renders a quarterly report to the Comptroller. The
Treasurer is also the custodian of such special funds as may be
prescribed by law (Const. 1867, Art. VI, sees. 1, 2, 3, 4).

Appropriations 1961 1962

General Funds $734,175 $698,378
Staff: 17.

STATE AUDITOR

Leo J. Parr, State Auditor, 1963
Pierce J. Lambdin, Deputy State Auditor
Michael J. Potthast, Supervisor, State Auditor
A. Lehart Cole, Office Supervisor, State Auditor

301 W. Preston Street, Baltimore I Telephone: 837-9000

The office of the State Auditor was created by Chapter 267, Acts of
1902 and reorganized by Chapter 226, Acts of 1929. The State Auditor
is appointed by the Governor for a term of four years, and both he
and the Deputy State Auditor are required to be certified public
accountants or registered public accountants of Maryland.