STATE OF MARYLAND

Schedule of Ratio of Annual Debt Service for General Long-term

Debt to Total General Expenditures

Last Nine Fiscal Years (1)

		(Expressed in	Thousands)		Ratio of Debt Service
			Total		to General
Fiscal			Debt	Total General	Expenditures
Year	Principal	Interest	Service	Expenditures (3)	(Percent)
1983 .............	$192,625(2)	$183,703(2)	$376,328	$4,907,011	7.67%
1982 .............	184,830(2)	166,483(2)	351,313	4,719,043	7.44
1981 .............	173,015	142,853	315,868	4,726,965	6.68
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

(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 1983 and 1982, respectively.

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

Source: General Accounting Division, State Comptroller's Office

STATE OF MARYLAND
Schedule of Revenue Bond Coverage

Last Five Fiscal Years
(Expressed in Thousands)

		MARYLAND	TRANSPORTATION Net Revenue	AUTHORITY
Fiscal	Gross	Operating	for Debt		Debt Service	Requirements
Year	Revenues	Expenses	Service	Principal	Interest	Total	Coverage
1983 ............	$67,411	$17,759	$49,652	$970	$7,815	$8,785	5.65
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

(1) Presented for the period August 24, 1978 through June 30, 1979, the period since the operations of its transportation facilities were combined.
Source: Maryland Transportation Authority.

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