STATE OF MARYLAND

Combined Statement of Revenues, Expenditures and Encumbrances,

Other Sources and Uses of Financial Resources

and Changes in Fund Balance—Budget and Actual—

Budgetary General, Special, Annuity Bond and Federal Funds (Note 3)

for the year ended June 30,1979

(Expressed in Thousands)

		General Fund		Special	Budgetary Funds Funds and Annuity Bond Funds			Federal Funds
	Final		Variance	Final		Variance	Final		Variance
	Budget	Actual	Over (Under)	Budget	Actual	Over (Under)	Budget	Actual	Over (Under)
Revenues:
Income taxes .......................$	1,089,160	$1,123,771	$34,611	$ 10,350	$ 13,859	$ 3,509
Retail sales and use taxes .............	697,075	699,188	2,113
Other taxes .........................	243,083	244,761	1,678	418,340	427,511	9,171
Licenses and fees ....................	32,004	29,484	(2,520)	96,865	95,283	(1,582)
Charges for services ..................	23,196	33,749	10,553	116,571	139,264	22,693
Interest and other investment income . . .	50,000	57,605	7,605	4,500	6,133	1,633
Other ..............................	194,578	151,069	(43,509)	523,657	353,600	(170,057)	$ 66,891	$ 69,309	$ 2,418
Federal revenue .....................	46,931	47,664	733	243,800	171,392	(72,408)	752,536	715,840	(36,696)
Total revenues .................	2,376,027	2,387,291	11,264	1,414,083	1,207,042	(207,041)	819,427	785,149	(34,278)
Expenditures and encumbrances:
Current:
General government ................	514,580	476,645	(37,935)	29,918	25,933	(3,985)	26,204	24,119	(2,085)
Education ........................	877,519	872,019	(5,500)	251,630	242,647	(8,983)	237,873	221,196	(16,677)
Human resources ..................	151,912	151,319	(593)	431	413	(18)	225,996	217,941	(8,055)
Health and mental hygiene ..........	468,513	459,749	(8,764)	14,398	13,976	(422)	193,901	190,459	(3,442)
Transportation ....................				843,176	726,909	(116,267)	120,477	113,608	(6,869)
Public safety and judicial ............	154,172	153,890	(282)	6,378	5,880	(498)	1,342	1,183	(159)
Economic and community development	7,053	6,897	(156)	2,810	2,724	(86)	3,945	2,382	(1,563)
Natural resources and recreation .....	20,773	20,769	(4)	25,550	23,693	(1,857)	8,469	6,548	(1,921)
Agriculture .......................	5,486	5,482	(4)	2,847	2,735	(112)	1,220	894	(326)
Grants to subdivisions ..............	100,362	100,233	(129)	36,092	35,205	(887)
Debt service ........................	43,800	43,800		200,853	200,853
Capital outlays ......................	22,254	22,254
Reversions:
Current ..........................	(35,000)		35,000
Prior.............................		(4,071)	(4,071)		(632)	(632)		(7,199)	(7,199)
Total expenditures..............	2,331,424	2,308,986	(22,438)	1,414,083	1,280,336	(133,747)	819,427	771,131	(48,296)
Excess (deficiency) of revenues over
expenditures and encumbrances. . .	44,603	78,305	33,702		(73,294)	(73,294)		14,018	14,018
Other sources (uses) of financial resources:
Operating transfers in ................	8,000	55,539	47,539
Operating transfers out ...............					(2,692)	(2,692)		(26,234)	(26,234)
Excess (deficiency) of revenues over
expenditures and encumbrances
and other sources (uses) of financial
resources......................	52,603	133,844	81,241		(75,986)	(75,986)		(12,216)	(12,216)
Fund balances, July 1, 1978 ...............	185,153	185,153		182,981	182,981		31,597	31,597
Fund balances, June 30, 1979 ...........$	237,756	$ 318,997	$ 81,241	$182,981	$106,995	$(75,986)	$31,597	$19,381	$(12,216)

The accompanying notes to combined financial statements are an integral part of these financial statements.

5