Volume 350, Page 34 View pdf image (33K) |
Investments: Investments are stated at cost, adjusted for amortization of premiums and accretion of discounts, plus accrued Intergovernmental Expenditures: Expenditures of general and special revenue fund revenues designated for payment to political subdivisions Capital Outlays: Principally all capital expenditures for the acquisition or construction of State general fixed assets are reported Reserved and Designated General Fund Balances: Loans receivable maturing after June 30, 1986, in the amount of $2,390,000 are deemed to be not available A portion of the general fund balance, in the amount of $76,909,000 at June 30, 1985, representing special Expendable Trust Fund Balances: Fund balances of expendable trust funds are restricted to the purpose of the fund. C. Enterprise Funds and Nonexpendable and Pension Trust Funds: Basis of Accounting: The accounts of the enterprise funds, nonexpendable trust fund and pension trust fund are maintained and Investments: Investments of enterprise funds and the pension trust fund are stated at cost, adjusted for amortization of Short-term investments of the State Accident Fund are stated at cost, adjusted for amortization of premiums Property, Plant and Equipment: Significant property, plant and equipment of enterprise funds are stated at cost. The cost of property, plant and equipment used in the administration of Economic Development activities 34
|
||||
Volume 350, Page 34 View pdf image (33K) |
Tell Us What You Think About the Maryland State Archives Website!
|
An Archives of Maryland electronic publication.
For information contact
mdlegal@mdarchives.state.md.us.