General Fund $2,130,930
Special Funds 1,586,090
Non-Budgeted Funds 2,266,800
$5,983,820
The amount of $2,130,930 which represents advances from the General Fund is an unappropriated
portion of the General Fund Surplus Account. Although it is not in the State Treasury, it is considered
as cash receivable and due from the various State departments, agencies, etc.
Financial statements contained in this report are presented generally in accordance with standards
of financial reporting promulgated by the National Committee of Governmental Accounting through
the Municipal Finance Officers Association of the United States and Canada. The accounting system
and records of this office are in conformance with generally accepted accounting principles applicable to
government fiscal operations, and have been set up to achieve both current and effective management
reporting. To accomlish this, every effort has been made to utilize the most current and advanced
technology and equipment to maintain our accounting controls and procedures.
It is my opinion that the exhibits, supporting statements and schedules presented herein cover
all areas of fiscal operations of our State Government which by Constitutional and Legislative mandate
have been entrusted to the office of the Comptroller of the State of Maryland. However, if any addi-
tional information relative to the contents of this report is desired, my co-workers and I will be most
pleased to furnish it to you.
Cordially yours,
LOUIS L. GOLDSTEIN,
Comptroller
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