|
|
|
|
CHARGES
|
DURING FISCAL
|
YEAR 1979
|
REPAYMENTS
|
DURING FISCAL
|
YEAR 1979
|
|
|
DUE FROM:
|
Project
|
BALANCE
|
|
|
|
|
|
|
BALANCE
|
|
|
Code
|
July 1, 1978
|
Principal
|
Interest
|
Total
|
Principal
|
Interest
|
Total
|
June 30, 1979
|
|
Town of Queenstown .........................................
|
811036
|
227,254.65
|
|
12,015.41
|
12,015.41
|
5,295.38
|
12,015.41
|
17,310.79
|
221,959.27
|
|
Town of Port Deposit .........................................
|
811037
|
232,284.11
|
|
12,281.33
|
12,281.33
|
5,029.46
|
12,281.33
|
17,310.79
|
227,254.65
|
|
Town of Mt. Airy ............................................
|
811038
|
232,284.11
|
|
12,281.33
|
12,281.33
|
5,029.46
|
12,281.33
|
17,310.79
|
227,254.65
|
|
Town of Myersville ..........................................
|
811039
|
229,863.74
|
|
10,083.66
|
10,083.66
|
5,598.00
|
10,083.66
|
15,681.66
|
224,265.74
|
|
Town of Rock Hall ...........................................
|
811040
|
171,849.06
|
|
7,385.02
|
7,385.02
|
4,234.58
|
7,385.02
|
11,619.60
|
167,614.48
|
|
Town of Taneytown ..........................................
|
811041
|
115,629.56
|
|
4,969.05
|
4,969.05
|
2,849.26
|
4,969.05
|
7,818.31
|
112,780.30
|
|
Garrett County Sanitary Commission ...........................
|
811042
|
196,018.09
|
|
10,225.38
|
10,255.38
|
4,505.04
|
10,225.38
|
14,730.42
|
191,513.05
|
|
Wright's Crossing — Grahamtown Sewerage System ...............
|
811043
|
72,292.00
|
|
3,782.97
|
3,782.97
|
1,827.67
|
3,782.97
|
5,610.64
|
70,464.33
|
|
Centennial lill Sewerage System ...............................
|
811044
|
65,639.38
|
|
3,434.84
|
3,434.84
|
1,659.48
|
3,434.84
|
5,094.32
|
63,979.90
|
|
Eckhart Mines— Clarksville Sewerage System ....................
|
811045
|
221,754.61
|
|
11,604.20
|
11,604.20
|
5,606.35
|
11,604.20
|
17,210.55
|
216,148.26
|
|
Town of Accident ............................................
|
811046
|
143,473.87
|
|
6,492.91
|
6,492.91
|
3,005.43
|
6,492.91
|
9,498.34
|
140,468.44
|
|
Town of Sudlersville .........................................
|
811047
|
250,000.00
|
|
14,721.00
|
14,721.00
|
3,994.33
|
14,721.00
|
18,715.33
|
246,005.67
|
|
LaVale Sanitary Commission ..................................
|
811048
|
214,330.00
|
|
12,098.50
|
12,098.50
|
3,313.66
|
12,098.50
|
15,412.16
|
211,016.34
|
|
Town of Boonsboro ...........................................
|
811049
|
100,000.00
|
|
5,644.80
|
5,644.80
|
1,546.06
|
5,644.80
|
7,190.86
|
98,453.94
|
|
Kent County Sanitary Commission .............................
|
811050
|
9,588.18
|
|
534.04
|
534.04
|
2,650.00
|
534.04
|
3,184.04
|
6,938.18
|
|
|
811051
|
46,931.19
|
|
2,649.17
|
2,649.17
|
778.53
|
2,649.17
|
3,427.70
|
46,152.66
|
|
Smith Island ................................................
|
811052
|
159,424.60
|
|
4,786.70
|
4,786.70
|
327.80
|
9,404.54
|
9,732.34
|
154,478.96
|
|
Elk Lick Creek ..............................................
|
811053
|
154,930.00
|
|
8,491.40
|
8,491.40
|
|
8,491.40
|
8,491.40
|
154,930.00
|
|
Town of McCoole ............................................
|
811054
|
250,000.00
|
|
14,287.90
|
14,287.90
|
|
14,287.90
|
14,287.90
|
250,000.00
|
|
Town of Westernport .........................................
|
811055
|
|
15,600.00
|
|
15,600.00
|
|
|
|
15,600.00
|
|
LaVale Sanitary Commission ................................
|
811056
|
|
62,662.00
|
|
62,662.00
|
|
|
|
62,662.00
|
|
TOTAL .....................................................
|
|
5,085,107.15
|
240,762.00
|
246,110.69
|
486,872,69
|
114,460.15
|
250,950.03
|
365,410.18
|
5,206,569.66
|
|
GENERAL PUBLIC REGIONAL COMMUNITY COLLEGE
|
|
|
|
|
|
|
|
|
|
|
CONSTRUCTION LOAN OF 1969:
|
|
|
|
|
|
|
|
|
|
|
Caroline County .............................................
|
811205
|
197,317.00
|
|
10,905.12
|
10,905.12
|
10,771.97
|
10,905.12
|
21,677.09
|
186,545.03
|
|
TOTAL ....................................................
|
|
197,317.00
|
|
10,905.12
|
10,905.12
|
10,771.97
|
10,905.12
|
21,677.09
|
186,545.03
|
|
PROVIDENT HOSPITAL LOAN OF 1971 ...................
|
813400
|
1,483,251.90
|
|
75,609.81
|
75,609.81
|
17,648.31
|
75,609.81
|
93,258.12
|
1,465,603.59
|
|
ANNE ARUNDEL COUNTY WATER LOAN OF 1972
|
814600
|
2,998,246.30
|
|
142,044.92
|
142,044.92
|
141,745.99
|
142,044.92
|
283,790.91
|
2,856,500.31
|
|
MUNICIPAL GOVERNMENT LOAN OF 1974:
|
|
|
|
|
|
|
|
|
|
|
Town of Capitol Heights ......................................
|
816901
|
301,832.61
|
|
16,542.84
|
16,542.84
|
16,526.09
|
16,542.84
|
33,068.93
|
285,306.52
|
|
Town of Capitol Heights ......................................
|
816902
|
182,144.22
|
|
9,982.96
|
9,982,96
|
11,128.68
|
9,982.96
|
21,111.64
|
171,015.54
|
|
Town of Chesapeake Beach .....................................
|
816903
|
|
168,000.00
|
|
168,000.00
|
|
|
|
168,000.00
|
|
TOTAL ....................................................
|
|
483,976.83
|
168,000.00
|
26,525.80
|
194,525.80
|
27,654.77
|
26,525.80
|
54,180.57
|
624,322.06
|
|
ADVANCES FOR CAPITAL IMPROVEMENTS:
|
|
|
|
|
|
|
|
|
|
|
Baltimore County ...........................................
|
123001
|
98,219.77
|
|
|
|
|
|
|
98,219.77
|
|
City.of Salisbury ............................................
|
123002
|
7,030.00
|
|
|
|
|
|
|
7,030.00
|
|
TOTAL .......................... ........................
|
|
105,249.77
|
|
|
|
|
|
|
105,249.77
|
|
TOTAL ANNUITY BOND FUND ..............................
|
|
144,420,495.67
|
138,762.00
|
6,598,245.18
|
6,737,007.18
|
12,191,714.72
|
6,635,612.18
|
18,827,326.90
|
132,330,175.95
|
|
LOAN FUND:
|
|
|
|
|
|
|
|
|
|
|
MARYLAND INDUSTRIAL LAND LOAN OF 1972.
|
|
|
|
|
|
|
|
|
|
|
Allegany County ............................................
|
813901
|
403,650.00
|
|
19,577.03
|
19,577.03
|
|
19,577.03
|
19,577.03
|
403,650.00
|
|
Calvert County ..............................................
|
813904
|
711,113.85
|
|
33,632.84
|
|
16,772.06
|
33,632.84
|
50,404.90
|
694,341.79
|
|
Caroline County .............................................
|
813905
|
255,134.34
|
|
12,169.91
|
12,169.91
|
6,339.53
|
12,169.91
|
18,509.44
|
248,794.81
|
|
Carroll County ..............................................
|
813906
|
335.80
|
|
4.09
|
4.09
|
335.80
|
4.09
|
339.89
|
|
|
Garrett County ..............................................
|
813911
|
|
135 666.00
|
|
135,000.00
|
|
|
|
135,000.00
|
|
Baltimore City ..............................................
|
813924
|
198,094.33
|
|
7,506.51
|
7,506.51
|
74,753.38
|
7.506.51
|
82,259.89
|
123,340.95
|
|
TOTAL LOAN FUND ......................................
|
|
1,568,328.32
|
135,000.00
|
72,890.38
|
207,890.38
|
98,200.77
|
72,890.38
|
171,091.15
|
1,605,127.55
|
|
GRAND TOTAL .......................................
|
|
$145,988,823.99
|
$273,762.00
|
$6,671,135.56
|
$6,944,897.56
|
$12.289.915.49
|
$6.708,502.56
|
$18,998,418.05
|
$133,935,303.50
|
( ) Denotes Red Figure.
In connection with the General Public School Construction Loans, the Attorney General has advised:
1. That participating counties do not become a debtor of the State of Maryland by reason of their participation in the State School Construction Program after July 1,1958, since Chapter 86 "Laws of
1958 expressly provides that: The indebtedness of any county ... shall not be considered to be increased by reason of the receipts by said county . . . after January 1, 1958, of money from
participation by such political subdivisions in the General Public School Construction Loan of 1956 authorized by Chapter 80 of the Acts of the General Assembly of 1956, or any similar act
passed or to be "hereafter passed".
2. The participating counties are not obliged to levy taxes in rate and amount sufficient to repay the principal and interest on funds received by it from the State as a result of its participation in the
State School Construction Program, since Chapter 86 expressly provides that "No County ... shall be required to levy ad valorem taxes upon its taxable basis for the purpose of repaying to the
State any such money received during the calendar year 1958 or any subsequent year, of the interest or carrying charges with respect to such money, by said county ...
3. It is not necessary for the county to include in its schedule the "bonded debtedness" amounts received by it after January 1. 1958. from the State School Construction Program since there are no
bonds issued by the County in connection with the funds received, Chapter 86. as above set forth, specifically provides the indebtedness of any county shall not be consi&red to be increased by
reason of its receipts after January 1, of such funds.
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