STATE OF MARYLAND
Combined Statement of Revenues, Expenditures, Other Sources
and Uses of Financial Resources and Changes in Fund Balances
All Governmental Fund Types and Expendable Trust Fund
for the year ended June 30,1988
(Expressed in Thousands)
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Fiduciary
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Governmental
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Fund Types
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Fund Types
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Total
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Special
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Debt
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Capital
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Expendable
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(Memorandum
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General
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Revenue
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Service
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Projects
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Trust
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Only)
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Revenues:
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Income taxes ..........................................
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$2,676,213
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$2,676,213
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Retail sales and use taxes ...............................
|
1,423,585
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1,423,585
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Motor vehicle taxes and fees .............................
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$ 948,408
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948,408
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Other taxes ............................................
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689,194
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$134,596
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$214,813
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1,038,603
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Other licenses and fees ..................................
|
111,453
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111,453
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Charges for services ....................................
|
192,411
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" 160,859
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353,270
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Interest and other investment income .....................
|
72,967
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6,554
|
10,515
|
$ 405
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|
90,441
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Other .................................................
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172,148
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9,651
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1,168
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1,417
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184,384
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Federal revenue ........................................
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1,147,100
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431,653
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17,995
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1,596,748
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Total revenues ......................................
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6,485,071
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1,557,125
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146,279
|
1,822
|
232,808
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8,423,105
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Expenditures:
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Current:
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|
|
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General government ...................................
|
410,519
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|
|
|
|
410,519
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Education ............................................
|
1,759,450
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1,759,450
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Economic and employment development ..................
|
113,605
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210,353
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323,958
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Human resources .....................................
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669,341
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669,341
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Health and mental hygiene .............................
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1,609,327
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1,609,327
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Environment .........................................
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37,140
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37,140
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Transportation .......................................
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537,686
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537,686
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Public safety and judicial ..............................
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559,804
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559,804
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Housing and community development ....................
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52,273
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52,273
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Natural resources and recreation ........................
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98,541
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98,541
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Agriculture ..........................................
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30,626
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30,626
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Intergovernmental ......................................
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338,331
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292,831
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153,093
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784,255
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Debt service:
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Principal retirement ...................................
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261,375
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261,375
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Interest .............................................
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174,511
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174,511
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Capital outlays .........................................
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856,738
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72,286
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929,024
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Total expenditures ...................................
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5,678,957
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1,687,255
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435,886
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225,379
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210,353
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8,237,830
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Excess (deficiency) of revenues over expenditures .........
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806,114
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(130,130)
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(289,607)
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(223,557)
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22,455
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185,275
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Other sources (uses) of financial resources:
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Proceeds from capital leases ..............................
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3,599
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26,651
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30,250
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Proceeds from bonds ....................................
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18,072
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303,286
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321,358
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Operating transfers in ...................................
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352,681
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121,972
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303,882
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54,206
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832,741
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Operating transfers out..................................
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(896,115)
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(72,706)
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(4,950)
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(29,635)
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(1,003,406)
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Net other sources (uses) of financial resources ............
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(539,835)
|
93,989
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298,932
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327,857
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180,943
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Excess (deficiency) of revenues over expenditures and net
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other sources (uses) of financial resources ..............
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266,279
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(36,141)
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9,325
|
104,300
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22,455
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366,218
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Fund balances (deficit), July 1, 1987 ,as previously stated .......
|
443,799
|
139,580
|
157,463
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(3,168)
|
596,324
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1,333,998
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Adjustment (Note 3) ......................................
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(55,734)
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(55,734)
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Fund balances (deficit), July 1, 1987, as restated ..............
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388,065
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139,580
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157,463
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(3,168)
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596,324
|
1,278,264
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Fund balances, June 30, 1988 ..............................
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$ 654,344
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$ 103,439
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$166,788
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$101,132
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$618,779
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$1,644,482
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The accompanying notes to general purpose financial statements are an integral part of these financial statements.
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