REPORT

OF THE
COMPTROLLER OF THE TREASURY

OF THE

STATE OF MARYLAND

October 3, 1957
To His EXCELLENCY
THEODORE R. MCKELDIN,
Governor of Maryland.

In compliance with the provisions of Section 9 of Article 19
of the Annotated Code of Maryland, I submit herewith a report of
the fiscal activities of the State for the year ended June 30, 1957.

The report follows the pattern of similar reports for the past
several years and I believe it will adequately supply the information
wanted by public officials, financial institutions, libraries, accountants
and others interested in such information.

I am listing below items which are regarded as particularly
interesting in the State's fiscal picture, the figures shown being, of
course, as of the close of the fiscal year on June 30, 1957:

General Fund Surplus............................................$22,972,543.01(A)

Cash Balance.......................................................... 45,851,358.83

Annuity Bond Fund.............................................. 6,599,641.92

Bonds Issued and Outstanding............................ 177,897,000.00

Bonds Authorized and Unissued......................... 110,906,017.00

State Real Estate Tax (Calendar Year 1957).. 14.25 cents

(A) Of the $22,972,543.01 General Fund Surplus at the close of this
fiscal year, $16,550,706.00 have been dedicated to supplement
the estimated General Fund Revenues for the 1958 fiscal year
in order to balance the 1958 General Fund Appropriation.

RECEIPTS

General Fund..........................................................$141,696,099.05

Special Fund............................................................ 135,777,330.88

Federal Fund.......................................................... 23,701,040.60

Loan and Miscellaneous Funds............................ 256,242,127.11

Total........................................ ....$557,416,597.64(B)