STATE OF MARYLAND

Schedule of Ratio of Annual Debt Service For General Long-Term

Debt to Total General Expenditures

Last Eight Fiscal Years(1)

		(Expressed in	Thousands)		Ratio of
					Debt Service
Fiscal			Total Debt	Total General	to General
Year	Principal	Interest	Service	Expenditures(3)	Expenditures
1982	$184,830(2)	$166,483	$351,313	$4,609,165	7.62%
1981	173,015	142,853	315,868	4,573,330	6.91
1980	159,985	133,910	293,895	4,198,951	7.00
1979	133,969	135,841	269,810	3,776,208	7.14
1978	149,739	133,582	283,321	3,323,034	8.53
1977	135,380	119,181	254,561	3,063,517	8.31
1976	119,673	103,615	223,288	2,888,446	7.73
1975	106,568	78,278	184,846	2,608,944	7.09

Source: General Accounting Division, State Comptroller's Office.

(1) Information on a comparative basis is not available prior to 1975.

(2) Excludes $60,000,000 of Bond Anticipation Notes for the Department of Transportation which were refinanced in fiscal year 1982.

(3) Total general governmental expenditures plus net operating transfers less capital outlays.

STATE OF MARYLAND

Schedule of Revenue Bond Coverage

Last Four Fiscal Years

(Expressed in Thousands)

		Direct	MARYLAND Net Revenue Available	TRANSPORTATION AUTHORITY	Debt Service	Requirements
	Gross	Operating	for Debt
Year	Revenues	Expenses	Service	Principal	Interest	Total	Coverage
1982	$65,014	$16,713	$48,301	$905	$7,861	$8,766	5.51
1981	63,797	15,436	48,361	850	7,903	8,753	5.53
1980	60,763	13,597	47,166	795	7,941	8,736	5.40
1979(1)	50,591	11,073	39,518	745	7,975	8,720	4.53

Source: Maryland Transportation Authority.

(I) Presented for the period August 24, 1978 through June 30, 1979, the period since the operations of its transportation facilities were combined.

72