Revenues-

Exhibit A-l

Property

Accrued and

Balance

Tax

Deferred

Other

Capital Projects Fund Accounts

July 1, 1987

(A)

Revenues

Revenues (C)

State Public School Construction and Capital

Improvement Loan of 1987

120,825

81,388

State Public School Systemic Renovations

Loan of 1987

4,528

3,050

Community Mental Health Centers Loan of 1987

2,415

1,627

Chesapeake Bay Water Quality Loan of 1987

4,835

3,257

Baltimore City Correctional Facility Loan of 1987

3,622

2,440

St. Mary's County Nursing Home Loan of 1987

1,512

1,018

The Benedictine School Loan of 1987

1,509

1,017

Hartley Hall, Inc. Loan of 1987

907

612

Frederick County - Way Station Loan of 1987

604

407

Baltimore City Jail - Women's Detention Center

Loan of 1987

9,071

6,110

Wicomico County Jail Loan of 1987

604

407

Baltimore Zoo Loan of 1987

2,721

1,833

Debt Service Fund Account

(5,000)

22,339

Deferred Property Tax Revenues

(2,570,000)

95,000

State and Local Facilities Loan of 1986- First Issue

1,287,258

State and Local Facilities Loan of 1987- First Issue

Total .....................................

68,535,238

134,495,858

5,748,083

243,919,880

Restricted Bond Accounts:

State and Local Facilities Loan of 1987-First Issue

2,409,248

State and Local Facilities Loan of 1987- Second Issue

89,444

State and Local Facilities Loan of 1988-First Issue

28,086

Total .....................................

2,526,778

Grand Total ......................................

$ 86,710,486

$134,495,858

$7,942,199

$246,446,658

(A) Property Tax:

Schedule A- 16

Exhibit A-l

Property Tax ......................................

........... $133,478,388

$134,596,296

Plus: Interest .....................................

........... 922,466

Deferred Revenue from 1987 ...................

........... 2,570,000

Rounding ....................................

........... 4

4

Less: 1988 Deferred Revenue ........................

........... (2,475,000)

In Lieu of Property Taxes .....................

(67,691)

Interest on Late Remittance ...................

(32,751)

Total Property Tax per Exhibit D-2 .........................

........... $134,495,858

$134,495,858

(B) Transfers:

IN

OUT

Interest Grants ....................................

........... $ 74,314

Reduction of Debt Service ..........................

........... 3,295,759

Bond Discount .....................................

$ 1,573,956

Restricted Proceeds Debt Service ....................

3,295,759

$ 3,370,073

$_ 4^69,715

(C) "Other Revenues" are summarized as follows:

Transfer from the General Fund:

Direct Appropriation ................................

........... $ 88,000,000

Department of Education ............................

........... 155,829,946

Rights of Way and Sale of Land ........................

........... 289,478

Accrued Interest on Notes Receivable ...................

........... 44,754

Unallocated Repayments ..............................

........... 6,417

Receipts from sale of Barge Unloader ...................

........... 1,297,063

Receipts from Closed Schools ..........................

........... 526,734

Accrued Interest on Bond Sale .........................

........... 323,983

Premium on Bond Sale ................................

........... 1,449

In Lieu of Property Taxes ............................

........... 67,691

Interest on Late Remittance of Property Tax ............

........... 32,751

Allocation of Debt Service Fund Account ...............

........... 17,339

Miscellaneous Receipts ...............................

........... 9,053

$246,446,658