A Great Port — Baltimore's port
ranks second in the nation, with 100
ships arriving weekly from all over
the world.

State of Maryland

CONDENSED ANNUAL STATEMENT OF RECEIPTS AND EXPENDITURES

Fiscal Year Ended June 30, 1963

RECEIPTS
	(Millions)
TAXES AND OTHER REVENUES (After Refunds)........	$464.6
CONSTRUCTION BOND ISSUES......................................	49.7
FEDERAL FUNDS.......................................... ...............	84.3
TOTAL	$598.6
EXPENDITURES
EDUCATION, HEALTH, WELFARE ........................	$276.9
HIGHWAYS ....	122.7
DISTRIBUTION TO LOCALITIES FROM
GENERAL TAX COLLECTIONS ....................	49.7
DEBT SERVICE.....................................................................	35.8
ADDITIONAL STATE BUILDINGS AND
FACILITIES.....................	20.2
GENERAL STATE GOVERNMENT FUNCTIONS ......	69.6
TOTAL	$574.9
EXCESS OF RECEIPTS OVER EXPENDITURES	$23.7