The financial statements include the various departments, agencies and other organizational units
governed by the General Assembly and/or constitutional officers of the State of Maryland. The following
criteria was utilized to determine the entity for the State of Maryland: selection of governing authority,
appointment of management, constitutional officers' ability to significantly influence operations and
accountability for fiscal operations and scope of public service.

General Governmental Functions

Revenues of the general governmental functions (excluding capital projects) totaled $5,013,166,000 for
the fiscal year ending June 30, 1983. This represents an increase of 9.7 percent over revenues for the fiscal
year 1982. Income tax, the largest source of revenue, produced 31.1 percent of general governmental
revenues compared to 31.7 percent last year. The revenues (amounts expressed in thousands) from various
sources and the change from last year are shown in the following tabulation:

			Percent
Revenue Source		Amount	of Total
Income taxes		$1,558,515	31.1%
Retail sales and use taxes		865,087	17.3
Motor vehicle taxes and fees		518,274	10.3
Other taxes		550,664	11.0
Other licenses and fees		57,488	1.1
Charges for services		185,585	3.7
Interest and other investment
income		96,621	1.9
Other		87,588	1.8
Federal revenue		1,093,344	21.8
Total		$5,013,166	100.0%
Amount	Percent
$106,160	7.3 %
67,690	8.5
81,641	18.7
40,643	8.0
8,062	16.3
(7,572)	(3.9)
(28,378)	(22.7)
6,716	8.3
167,220	18.1
$442,182	9.7%

Of the total income tax revenue for fiscal year 1983, $1,429,401,000 was produced by the individual
income tax and $129,114,000 by the corporate income tax, representing an increase of $106,639,000 and a
decline of $479,000, respectively, compared to the prior year. The increase in individual income tax revenues
of 8.1 percent over the prior year is attributable to population growth and a higher personal income level for
the State's taxpayers. The decrease in the corporate income tax revenues of 0.4 percent from the prior year is
attributable to recessionary times for businesses, as well as federal tax cuts which also affect the State's tax
revenues.

The motor vehicle taxes and fees increased $81,641,000 or 18.7 percent over the previous year. The
increase was due to a rise in the motor vehicle fuels tax rate from 9 cents to 11 cents per gallon and an upturn
in revenues from the motor vehicle titling tax.

Other licenses and fees increased $8,062,000 or 16.3 percent over 1982. This increase was primarily
attributable to increases in the amounts imposed for traffic fines and costs and an increase in the number of
violations processed.

Interest and other investment income decreased $28,378,000 or 22.7 percent from the previous year.
This decline resulted from a drop in the average yield on maturing investments from 14.5 percent in 1982 to
9.1 percent in 1983.

Federal revenue increased $167,220,000 or 18.1 percent over 1982. This increase resulted in additional
federal revenues for transportation, human resources, and other federal programs.

Changes in levels of expenditures (amounts expressed in thousands) for major functions from the
previous year are shown in the following tabulation:

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