STATE OF MARYLAND
Combined Statement of Revenues, Expenditures and Encumbrances,
Other Sources and Uses of Financial Resources,
and Changes in Fund Balances — Budget and Actual —
Budgetary General, Special, Federal, Current Unrestricted and Current Restricted Funds (Note 3)
for the year ended June 30, 1988
(Expressed in Thousands)
|
|
|
General
|
Fund
Variance
|
|
Budgetary
Special
|
Funds
Fund
Variance
|
|
Federal
|
Fund
Variance
|
|
|
Final
|
|
Favorable
|
Final
|
|
Favorable
|
Final
|
|
Favorable
|
|
|
Budget
|
Actual
|
(Unfavorable)
|
Budget
|
Actual
|
(Unfavorable)
|
Budget
|
Actual
|
(Unfavorable)
|
|
Revenues:
|
|
|
|
|
|
|
|
|
|
|
Income taxes ........................
|
$2,501,031
|
$2,572,062
|
$ 71,031
|
$ 124,703
|
$ 118,989
|
$ (5,714)
|
|
|
|
|
Retail sales and use taxes ............
|
1,408,922
|
1,423,585
|
14,663
|
|
|
|
|
|
|
|
Other taxes .........................
|
434,823
|
447,580
|
12,757
|
856,212
|
1,031,405
|
175,193
|
|
|
|
|
Licenses and fees ....................
|
56,225
|
105,461
|
49,236
|
143,435
|
163,444
|
20,009
|
|
|
|
|
Charges for services .................
|
58,800
|
40,208
|
(18,592)
|
120,474
|
258,469
|
137,995
|
|
|
|
|
Interest and other investment income . .
|
45,936
|
67,738
|
21,802
|
22,763
|
14,088
|
(8,675)
|
|
|
|
|
Other ..............................
|
371,094
|
390,463
|
19,369
|
804,291
|
352,704
|
(451,587)
|
|
|
|
|
Federal revenue .....................
|
56,343
|
77,664
|
21,321
|
|
322
|
322
|
$1,762,480
|
$1,668,692
|
$ (93,788)
|
|
Total revenues ..................
|
4,933,174
|
5,124,761
|
191,587
|
2,071,878
|
1,939,421
|
(132,457)
|
1,762,480
|
1,668,692
|
(93,788)
|
|
Expenditures and encumbrances by major
|
|
|
|
|
|
|
|
|
|
|
function:
|
|
|
|
|
|
|
|
|
|
|
Payments of revenue to civil divisions of
|
|
|
|
|
|
|
|
|
|
|
the State .........................
|
71,000
|
70,506
|
494
|
45,599
|
45,399
|
200
|
|
|
|
|
Public debt .........................
|
88,000
|
88,000
|
|
303,500
|
303,500
|
|
|
|
|
|
Legislative .........................
|
30,566
|
30,288
|
278
|
60
|
23
|
37
|
|
|
|
|
Judicial review and legal .............
|
122,563
|
122,316
|
247
|
1,567
|
1,426
|
141
|
1,124
|
1,007
|
117
|
|
Executive and administrative control . . .
|
137,416
|
136,068
|
1,348
|
4,041
|
3,649
|
392
|
26,550
|
24,615
|
1,935
|
|
Financial and revenue administration . .
|
156,183
|
154,193
|
1,990
|
34,543
|
33,080
|
1,463
|
1,476
|
1,403
|
73
|
|
Budgetary and fiscal administration ....
|
5,703
|
5,703
|
|
189
|
156
|
33
|
|
|
|
|
Personnel administration, retirement
|
|
|
|
|
|
|
|
|
|
|
and employee relations .............
|
10,313
|
9,636
|
677
|
13,386
|
11,301
|
2,085
|
|
|
|
|
State planning ......................
|
4,697
|
4,690
|
7
|
955
|
955
|
|
476
|
138
|
338
|
|
General services .....................
|
40,981
|
40,981
|
|
1,279
|
795
|
484
|
|
|
|
|
Transportation and highways ..........
|
|
|
|
1,324,270
|
1,253,324
|
70,946
|
560,059
|
512,217
|
47,842
|
|
Natural resources and recreation ......
|
51,421
|
51,378
|
43
|
74,165
|
70,761
|
3,404
|
10,672
|
8,444
|
2,228
|
|
Agriculture .........................
|
17,246
|
16,998
|
248
|
10,653
|
10,167
|
486
|
2,697
|
2,558
|
139
|
|
Health, hospitals and mental hygiene . .
|
1,105,888
|
1,104,949
|
939
|
57,966
|
38,023
|
19,943
|
473,425
|
469,102
|
4,323
|
|
Human resources ....................
|
330,573
|
328,384
|
2,189
|
47,004
|
38,136
|
8,868
|
306,076
|
291,591
|
14,485
|
|
Licensing and regulation .............
|
25,530
|
25,529
|
1
|
15,053
|
6,634
|
8,419
|
3,231
|
3,069
|
162
|
|
Public safety and correctional services . .
|
439,168
|
435,983
|
3,185
|
42,880
|
42,799
|
81
|
4,203
|
2,502
|
1,701
|
|
Public education.....................
|
2,158,902
|
2,154,725
|
4,177
|
31,796
|
30,752
|
1,044
|
226,941
|
215,266
|
11,675
|
|
Housing and community development . .
|
26,398
|
26,058
|
340
|
46,710
|
28,445
|
18,265
|
43,483
|
31,957
|
11,526
|
|
Economic and employment development .
|
29,396
|
29,393
|
3
|
12,986
|
7,448
|
5,538
|
89,486
|
81,458
|
8,028
|
|
Environment .......................
|
21,707
|
21,705
|
2
|
3,276
|
2,903
|
373
|
12,581
|
12,572
|
9
|
|
State reserve fund ...................
|
38,000
|
38,000
|
|
|
|
|
|
|
|
|
Reversions:
|
|
|
|
|
|
|
|
|
|
|
Current year reversions .............
|
(15,000)
|
|
(15,000)
|
|
|
|
|
|
|
|
Prior year reversions ...............
|
|
(2,987)
|
2,987
|
|
(3,598)
|
3,598
|
|
(2,557)
|
2,557
|
|
Total expenditures and
|
|
|
|
|
|
|
|
|
|
|
encumbrances .................
|
4,896,651
|
4,892,496
|
4,155
|
2,071,878
|
1,926,078
|
145,800
|
1,762,480
|
1,655,342
|
107,138
|
|
Changes in encumbrances during fiscal
|
|
|
|
|
|
|
|
|
|
|
year 1988 .........................
|
|
(5,366)
|
5,366
|
|
(1,314)
|
1,314
|
|
(716)
|
716
|
|
Total expenditures ..............
|
4,896,651
|
4,887,130
|
9,521
|
2,071,878
|
1,924,764
|
147,114
|
1,762,480
|
1,654,626
|
107,854
|
|
Excess (deficiency) of revenues
|
|
|
|
|
|
|
|
|
|
|
over expenditures..............
|
36,523
|
237,631
|
201,108
|
|
14,657
|
14,657
|
|
14,066
|
14,066
|
|
Other sources (uses) of financial resources:
|
|
|
|
|
|
|
|
|
|
|
Operating transfers in (out) ...........
|
7,000
|
21,849
|
14,849
|
|
15,834
|
15,834
|
|
(14,066)
|
(14,066)
|
|
Excess (deficiency) of revenues
|
|
|
|
|
|
|
|
|
|
|
over expenditures and other
|
|
|
|
|
|
|
|
|
|
|
sources (uses) of financial
|
|
|
|
|
|
|
|
|
|
|
resources .....................
|
43,523
|
259,480
|
215,957
|
|
30,491
|
30,491
|
|
|
|
|
Fund balances, July 1, 1987 ............
|
298,245
|
298,245
|
|
405,398
|
405,398
|
|
|
|
|
|
Fund balances, June 30, 1988 ...........
|
$ 341,768
|
$ 557,725
|
$215,957
|
$ 405,398
|
$ 435,889
|
$ 30,491
|
$ -0-
|
$ -0-
|
$ -0-
|
The accompanying notes to general purpose financial statements are an integral part of these financial statements.
—continued—
27
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