A statement showing disbursements by Funds, made by all the Agencies of the State, is presented
in this report as Exhibit C. These disbursements include approximately $2,800,000,000. in cash trans-
actions applicable to advances to departments, purchases of investments, refunds, etc., which are not
considered as operating expenditures of the State Government.

The cash balance at June 30, 1971, held by the State Treasurer, amounted to $13,618,726., and was
deposited in the following banks:

Citizens Bank & Trust Company of Maryland, Riverdale ...... $20,000.00

Citizens National Bank of Southern Maryland, Waldorf ........... 5,000.00

Clinton Bank, Clinton ............. . . ........ 10,271.00

Equitable Trust Company, Baltimore . .......... 1,283,391.00

Farmers National Bank, Annapolis .... 130,904.00

Fidelity Bank, Frostburg...... . .... 45,410.00

First National Bank of Maryland, Baltimore ... ..... 1,497,435.00

First National Bank of St. Mary's, Leonardtown . .... 57,860.00

First National Bank of Southern Maryland, Upper Marlboro ... 60,525.00

Frostburg National Bank, Frostburg . ... 80,118.00

Hagerstown Trust Company, Hagerstown ................... 85,053.00

Liberty Trust Company, Cumberland .......................... 150,431.00

Maryland National Bank, Baltimore .......... .... 1,541,771.00

Mercantile-Safe Deposit & Trust Company, Baltimore.. .... 3,100,000.00

Peoples National Bank, Hancock . . ... ......................... 10,994.00

Suburban Trust Company, Hyattsville. .... . ................. 1,980,809.00

Sykesville State Bank, Sykesville . .... ........... 150,364.00

Thurmont Bank, Thurmont. . ............................ 17,379.00

Truckers & Savings Bank, Ocean City ..... .... ...... 10,724.00

Union Trust Company, Baltimore . . . 2,000,000.00
Equitable Trust Company, Baltimore—

Motor Vehicle Financial Responsibility A /C . 576,856.00
Equitable Trust Company, Baltimore—

State Accident Fund..... ............................... 369,978.00

Maryland National Bank, Baltimore—

Unsatisfied Claim & Judgment Fund . . .............. . 433,453.00

$13,618,726.00

However, after application of in-transit receipts and disbursements at the close of the fiscal year,
by this office, the cash balance amounted to $8,616,078., and as presented in Statement A—1 of this
report, consisted of the following:

General Funds.. .............................................. $3,810,010.

Special Funds . ....................... 339,673.

Federal Funds . .. . .... ............... 2,789,630.

Annuity Bond (Sinking) Funds....................... 484,966.

Loan Funds.. .. . ..................................... 538,195.

Other Funds . .................................... 653,604.

$8,616,078.

Investments of cash funds in excess of daily operating requirements, totaled $382,944,213 at June
30, 1971, and are set forth in detail in Statement A—3 An analysis of these investments by fund is as
follows:

General Funds.............................................................. $129,669,250

Special Funds ........................................... 51,637,444

Loan Funds.... ... .... ................ 51,370,133

Annuity Bond (Sinking) Fund . .................. 32,904,145

Other Funds............................................. ... 117,363,241

$382,944,213