(B) Included in the total receipts are $192,278,231.64 cash trans-
actions applicable to advances, budget credits, investment bond
sales and miscellaneous refunds. These receipts are not to be
regarded as operating receipts of the State Government.

DISBURSEMENTS

General Fund..........................................................$146,087,348.76

Special Fund............................................................ 123,266,187.63

Federal Fund........................................................ 23,331,945.22

Loan and Miscellaneous Funds............................ 269,038,993.54

TotaL..........................................$561,724,475.15(C)

(C) Included in the total disbursements are $203,586,452.15 cash
transactions applicable to advances, budget credits, investment
bond purchases and miscellaneous refunds. These disburse-
ments are not to be regarded as operation disbursements of the
State Government.

The volume of work of the department has increased con-
siderably because of amendments to laws administered by the
several divisions of our department, particularly, the income tax
and gasoline tax divisions, and it has been necessary to lease addi-
tional space outside the State building; but this necessity will end
next year with the completion of the new State Office building in
Annapolis when we will have sufficient additional space to permit
us to operate with more facility and comfort to the employees of
the department.

I shall be very glad to have you ask for any information you
might desire relative to the contents of this report.

Respectfully,

Comptroller.