STATE OF MARYLAND CONDENSED ANNUAL STATEMENT OF REVENUES

AND EXPENDITURES

FISCAL YEAR ENDED JUNE 30, 1967

IREVENUES

(Millions)
TOTAL STATE TREASURY RECEIPTS...................................................................... $1,817.3

LESS—INVESTMENT TRANSACTIONS, REVOLVING RECEIPTS, ETC..... 876.9

NET OPERATING REVENUES

TAXES AND OTHER REVENUES (After Refunds).................... $694.7

CONSTRUCTION BOND ISSUES...................................................... 109.5

FEDERAL FUNDS.................................................................................. 136.2

TOTAL........................................................................ $940.4

EXPENDITURES

TOTAL STATE TREASURY DISBURSEMENTS...................................................... $1,822.4

LESS—INVESTMENT TRANSACTIONS, REVOLVING

DISBURSEMENTS, ETC...................................................................................... 906.6

NET OPERATING EXPENDITURES

EDUCATION, WELFARE, HEALTH................................................ $451.7

HIGHWAYS................................................................................................ 169.8

DISTRIBUTION TO LOCALITIES FROM GENERAL

PURPOSE TAX COLLECTIONS.................................................. 71.3

DEBT SERVICE........................................................................................ 49.1

ADDITIONAL STATE BUILDINGS AND FACILITIES............ 63.0

GENERAL STATE GOVERNMENT FUNCTIONS...................... 110.9

TOTAL.......................... $915.8

EXCESS OF REVENUES OVER EXPENDITURES................................................ .........-$ 24.6