STATE OF MARYLAND

			REVENUES			EXPENDITURES
Capital Project Fund Accounts			Reimbursement
	Balance	Bond	Refunds, etc	Transfers	Total		Transfers	Balance
	July 1, 1984	Sales	(C)	In	Available	Project	Out (B)	June 30, 1985
Industrial and Commercial Redevelopment Loan of 1983	257	1 000,000			1,000,257	(2,999,743)		4,000,000
Industrial Land Loan of 1983	107	2,755,000			2,755,107	107	2,755,000
Enterprise Zone Venture Capital Guarantee Loan of 1983	86				86	86
Comprehensive Flood Management Loan of 1983 Shore Erosion Control Loan of 1983		500,000 1,000,000			500,000 1,000,000	841,200		500,000 158,800
Solid Waste Facilties Loan of 1983	1,000,086	3,000,000			4,000,086	1,384,796		2,615,290
John F Kennedy Institute for Handicapped Children
Loan of 1983	955,082	345,000			1,300,082	1,300,082
Church Hospital Loan of 1983		200,000			200,000	200,000
Hearing and Speech Agency of Baltimore Loan of 1983 The Benedictine School Loan of 1983	85,000 126,478				85,000 126,478	85,000 126,478
Edgewater Village Community Development Grant Loan of 1983 Carroll Creek Project Loan of 1983 Carroll County Jail Loan of 1983		400,000 750,000 400,000			400,000 750,000 400,000	400,000		400,000 750,000
Queen Anne's County Jail Loan of 1983				100,000	100,000			100,000
Mount DeSales Academy Loan of 1983				100,000	100,000			100,000
Maryland Institute College of Art Loan of 1983	200,017	520,000			720,017	720,017
Maryland Science Center Loan of 1983		250,000			250,000	250,000
Robert Long House Loan of 1983				100,000	100,000			100,000
City Temple of Baltimore Loan of 1983				100,000	100,000			100,000
The Lyric Loan of 1983	396,868				396,868	396,868
Rail Property Rehabilitation Loan of 1983 Oxon Hill Manor Loan of 1983	(723,524)	900,000 250,000			176,476 250,000	34,532		141,944 250,000
Maryland Theater Association Loan of 1983 Baltimore Zoo Loan of 1983	700,000			100,000	100,000 700,000			100,000 700,000
Jewish Heritage Center Loan of 1983		200,000			200,000	200,000
Olney Theater Loan of 1983	23,260				23,260	20,232		3,028
Calvert Mansion Loan of 1983		250,000			250,000			250,000
MeComas Institute and Hosanna School Loan of 1983				50,000	50,000			50,000
Glen Burnie Urban Renewal Loan of 1983		2,000,000			2,000,000			2,000,000
General Construction Loan of 1984	(1,639)	9,200,000	1,862		9,200,223	5,180,292		4,019,931
State Public School Construction and Capital Improvement
Loan of 1984						8,825,177		(8,825,177)(A)
Shore Erosion Control Loan of 1984		1,000,000			1,000,000	209,994		790,006
Chesapeake Bay Shoreline Improvement Loan of 1984 Community Mental Health Centers Components Loan of 1984 Anne Arundel County Detention Center Loan of 1984		1,500,000		119,000 100,000	119,000 1,500,000 100,000	334,819		119,000 1,165,181 100,000
Talbot County Jail Loan of 1984				100,000	100,000			100,000
Carroll County Detention Center Loan of 1984				250,000	250,000			250,000
Cecil County Detention Center/Sheriffs Office Loan of 1984				94,687	94,687	94,687
Villa Julie College Loan of 1984		300 000			300,000	713,226		(413.226)(A)
Western Maryland Conference Center Loan of 1984 Babe Ruth Birthplace Foundation, Inc Loan of 1984 Eubie Blake National Museum Loan of 1984		250,000		40,000 100,000	250,000 40,000 100,000	19,060		230,940 40,000 100,000
Alice Ferguson Foundation Inc Loan of 1984				100,000	100,000			100,000
Society for the Preservation of Maryland Antiquities
Loan of 1984				161,000	161,000	101,363		59,637
Maryland Hall for the Creative Arts Loan of 1984				100,000	100,000			100,000
Hannah More Property Loan of 1984				70,000	70,000			70,000
Small Business Development Financing Fund Loan of 1984		1,000,000			1,000,000	1,000,000
Maryland Housing Rehabilitation Program Loan of 1984 Maryland Industrial Development Finance Authority Insurance		1,400,000			1,400,000	326,620		1,073,380
Loan of 1984		2,000,000			2,000,000	2,000,000
Residential Energy Contract Program Loan of 1984 Maryland Housing Fund Loan of 1984 Maryland Industrial Land Loan of 1984		200,000 2,300,000 3 000,000	226,448		200,000 2,526,448 3,000,000			200,000 2,526,448 3,000,000
Elderly Rental Housing Program Loan of 1984 Homeowners Emergency Mortgage Assistance Loan of 1984		1,000,000 500,000	73,013		1 073,013 500,000	101,796		1,073,013 398,204
General Construction Loan of 1985						5,244,119		(5,244,119)(A)
Capital Improvements Retainage Fund	1 686,908			733,858	2,420,766		1 849,500	571,266
TOTAL LOAN AUTHORIZATIONS	137,664,013	138,990,000	33,342 496	2,581,545	312 578,054	153,998,345	6,442,855	152,136,854
Construction Reimbursement Accounts
Capital Programs Administration				1,104,544	1,104,544	370,494		734,050
Energy ana Coastal Zone Administration Division of Correction				7,354 63,646	7,354 63,646	63,646		7,354
St Mary's City Commission							96,297	(96,297)
Maryland Historical Trust				556	556			556
TOTAL CONSTRUCTION REIMBURSEMENT ACCOUNTS				1,176,100	1,176,100	434,140	96,297	645,663
GRAND TOTALS	$155,707 814	$138,990 000	$31,481,107	$3,757,645	$329,936,566	$158,330,464	$6,932,432	$164,673,670

( ) Denotes Red Figure

(A) Cash will be provided by Subsequent Bond Sales

(B) Transferred out to other Capital Projects Fund and Annuity Bond Fund

(C) Includes $5,103 650 deposited as a reduction of expenditures

EXHIBIT D-l