STATE OF MARYLAND
Schedule of General Government Revenues by Source,
Expenditures by Function and Other Sources (Uses)
of Financial Resources and Changes in Fund Balances
General, Special Revenue, Debt Service and Capital Projects Funds
Last Ten Fiscal Years
(Expressed in Thousands)
|
|
|
|
|
|
Year ended
|
June 30,
|
|
|
|
|
|
|
1987
|
1986
|
1985
|
1984
|
1983
|
1982
|
1981
|
1980
|
1979
|
1978
|
|
Revenues:
|
|
|
|
|
|
|
|
|
|
|
|
Income taxes
|
$2,540,426
|
$2,140,594
|
$1,968,106
|
$1,803,939
|
$1,558,515 8
|
61,452,355
|
$1,363,909
|
$1,219,352
|
$1,107,459 :
|
$ 996,920
|
|
Retail sales and use taxes
|
1,302,463
|
1,189,603
|
1,098,445
|
988,284
|
865,087
|
797,397
|
753,674
|
712,815
|
699,188
|
628,059
|
|
Motor vehicle taxes and fees
|
794,946
|
741,940
|
683,774
|
635,602
|
518,274
|
436,633
|
417,302
|
414,178
|
431,010
|
415,057
|
|
Other taxes
|
751,081
|
641,767
|
584,254
|
574,353
|
550,664
|
510,021
|
478,221
|
438,558
|
395,457
|
354,245
|
|
Other licenses and fees
|
102,285
|
91,104
|
77,497
|
70,387
|
57,488
|
49,426
|
38,463
|
35,882
|
35,732
|
36,404
|
|
Charges for services
|
284,983
|
238,862
|
266,453
|
229,160
|
185,585
|
193,157
|
174,986
|
143,331
|
117,219
|
190,156
|
|
Interest and other
|
|
|
|
|
|
|
|
|
|
|
|
investment income
|
65,436
|
94,464
|
104,262
|
84,421
|
96,621
|
124,999
|
115,358
|
111,239
|
79,554
|
34,807
|
|
Other
|
174,834
|
173,133
|
134,298
|
111,128
|
87,588
|
80,872
|
107,517
|
123,157
|
135,679
|
41,028
|
|
Gain on exchange of
|
|
|
|
|
|
|
|
|
|
|
|
securities
|
39,543
|
53,337
|
|
|
|
|
|
|
|
|
|
Federal revenue
|
1,493,164
|
1,386,667
|
1,253,000
|
1,146,614
|
1,097,953
|
928,906
|
1,029,790
|
996,053
|
881,964
|
834,945
|
|
Total revenues
|
7,549,161
|
6,751,471
|
6,170,089
|
5,643,888
|
5,017,775
|
4,573,766
|
4,479,220
|
4,194,565
|
3,883,262
|
3,531,621
|
|
Expenditures:
|
|
|
|
|
|
|
|
|
|
|
|
Current:
|
|
|
|
|
|
|
|
|
|
|
|
General government
|
266,251
|
248,951
|
233,441
|
199,323
|
217,869
|
205,972
|
197,909
|
248,079
|
147,529
|
202,922
|
|
Education
|
1,621,797
|
1,516,492
|
1,422,008
|
983,603
|
956,799
|
934,163
|
891,961
|
816,402
|
740,997
|
693,981
|
|
Human resources
|
680,408
|
674,346
|
602,396
|
543,078
|
521,613
|
465,299
|
510,244
|
426,150
|
375,058
|
350,067
|
|
Health and mental hygiene
|
1,567,412
|
1,406,629
|
1,265,849
|
1,131,159
|
1,025,195
|
896,743
|
860,286
|
769,676
|
657,604
|
590,447
|
|
Transportation
|
486,551
|
544,004
|
414,230
|
380,167
|
330,262
|
666,070
|
655,324
|
619,629
|
571,347
|
614,773
|
|
Public saftey and judicial
|
536,267
|
471,621
|
433,904
|
317,823
|
333,387
|
286,223
|
270,379
|
266,028
|
271,390
|
207,704
|
|
Economic and community
|
|
|
|
|
|
|
|
|
|
|
|
development
|
39,890
|
26,434
|
27,172
|
24,088
|
21,137
|
17,238
|
18,464
|
13,754
|
10,719
|
9,457
|
|
Natural resources and
|
|
|
|
|
|
|
|
|
|
|
|
recreation
|
94,254
|
82,787
|
73,952
|
59,259
|
59,487
|
53,974
|
56,238
|
42,022
|
44,809
|
43,577
|
|
Agriculture
|
31,453
|
27,909
|
23,341
|
20,650
|
18,655
|
16,662
|
13,232
|
9,971
|
9,162
|
8,280
|
|
Personnel and retirement
|
21,773
|
21,273
|
31,784"
|
505,587
|
414,860
|
334,725
|
333,892
|
323,618
|
308,033
|
260,790
|
|
Intergovernmental
|
690,520
|
497,158
|
525,623
|
513,755
|
410,436
|
376,043
|
466,260
|
392,772
|
390,334
|
ID
|
|
Debt service
|
444,079
|
455,880
|
433,482
|
425,977
|
436,328
|
411,313
|
315,868
|
293,895
|
269,810
|
283,321
|
|
Capital outlay
|
833,923
|
685,516
|
573,053
|
485,615
|
595,474
|
128,424
|
96,787
|
70,249
|
58,801
|
282,384
|
|
Total expenditures
|
7,314,578
|
6,659,000
|
6,060,235
|
5,590,084
|
5,341,502
|
4,792,849
|
4,686,844
|
4,292,245
|
3,855,593
|
3,547,703
|
|
Excess (deficiency) of
|
|
|
|
|
|
|
|
|
|
|
|
revenues over
|
|
|
|
|
|
|
|
|
|
|
|
expenditures
|
234,583
|
92,471
|
109,854
|
53,804
|
(323,727)
|
(219,083)
|
(207,624)
|
(97,680)
|
27,669
|
(16,082)
|
|
Other sources (uses) of
|
|
|
|
|
|
|
|
|
|
|
|
financial resources:
|
|
|
|
|
|
|
|
|
|
|
|
Proceeds from capital leases
|
12,743
|
|
|
|
|
|
|
|
|
|
|
Proceeds from bond issues
|
275,068
|
133,380
|
163,200
|
146,470
|
473,105
|
253,880
|
444,335
|
162,310
|
120,000
|
218,145
|
|
Proceeds from refunding bonds
|
29,053
|
|
|
|
|
|
|
|
|
|
|
Operating transfers in
|
332,366
|
323,423
|
252,517
|
211,935
|
201,668
|
208,341
|
171,422
|
166,702
|
130,081
|
112,947
|
|
Operating transfers out
|
(478,367)
|
(582,044)
|
(383,393)
|
(363,309)
|
(362,651)
|
(322,959)
|
(308,330)
|
(292,657)
|
(258,497)
|
(170,662)
|
|
Defeasance of bonds
|
(155,725)
|
(354,865)
|
|
|
|
|
|
|
|
|
|
Payment to refunded bond
|
|
|
|
|
|
|
|
|
|
|
|
escrow agent
|
(29,053)
|
|
|
|
|
|
|
|
|
|
|
Net other sources (uses)
|
|
|
|
|
|
|
|
|
|
|
|
of financial resources
|
(13,915)
|
(480,106)
|
32,324
|
(4,904)
|
312,122
|
139,262
|
307,427
|
36,355
|
(8,416)
|
160,430
|
|
Excess (deficiency) of
|
|
|
|
|
|
|
|
|
|
|
|
revenues over expenditures
|
|
|
|
|
|
|
|
|
|
|
|
and net other
|
|
|
|
|
|
|
|
|
|
|
|
sources (uses)
|
|
|
|
|
|
|
|
|
|
|
|
of financial resources
|
220,668
|
(387,635)
|
142,178
|
48,900
|
(11,605)
|
(79,821)
|
99,803
|
(61,325)
|
19,253
|
144,348
|
|
Fund balance, July 1
|
517,006
|
904,641
|
762,463
|
713,563
|
717,168
|
803,584
|
693,781
|
742,106
|
514,366
|
370,018
|
|
Adjustments
|
|
|
|
|
|
(6,595) B'
|
|
|
208,487 B)
|
|
|
Fund balance, July 1, as
|
|
|
|
|
|
|
|
|
|
|
|
restated
|
517,006
|
904,641
|
762,463
|
713,563
|
717,168
|
796,989
|
693,781
|
742,106
|
722,853
|
370,018
|
|
Equity transfers
|
|
|
|
|
8,000 (15)
|
|
10,000
|
13,000
|
|
|
|
Fund balance, June 30
|
737,674
|
517,006
|
$ 904,641
|
$ 762,463
|
$ 713,563 $
|
717,168
|
803,584
|
$ 693,781
|
$ 742,106 $
|
: 514,366
|
Source: General Accounting Division, State Comptroller's Office
(1) Intergovernmental expenditures for 1978 is included in current and capital outlay expenditures.
(2) Certain adjustments were made to fund balances as of July 1,1978 to present the financial statements for the year ended June 30,1979 in conformity with
generally accepted accounting principles. These adjustments principally consist of adjustments to revenues and expenditures of prior years reported in
Budgetary Funds. It is not practicable to adjust the financial statements of prior years to reflect these adjustments.
(3) Effective July 1, 1981, the Maryland Higher Education Loan Corporation's activities were recorded in the enterprise funds and its beginning equity was
reclassified from the general fund balance to retained earnings in the enterprise funds.
(4) Effective July 1, 1982, capital outlays for transportation projects are reported in Capital Outlays instead of Transportation.
(5) During 1983 the Lottery returned $8,000,000 to the General Fund This return of contributed capital has been reported as an equity transfer.
(6) Effective July 1, 1984 fringe benefit costs are allocated to the various governmental functions.
79
|
 |
