STATE OF MARYLAND
Schedule of Changes in Fund Equities — Budgetary Basis
for the year ended June 30, 1989
(Expressed in Thousands)
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Higher
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Education
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|
|
|
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Special
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Fund
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Current
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Current
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Capital
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General
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Other
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Debt
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Federal
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Unrestricted
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Restricted
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Projects
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Other
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Fund
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Special
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Service
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Fund
|
Fund
|
Fund
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Fund
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Funds
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Total
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Fund equities, July 1, 1988 .......
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$ 557,725
|
$ 353,293
|
$ 82,596
|
|
$ 132,603
|
$ 1,759
|
$174,012
|
$11,980,832
|
$13,282,820
|
Increase:
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|
|
|
|
|
|
|
|
Revenues ...................
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5,537,506
|
1,791,217
|
312,566
|
$1,729,959
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1,071,557
|
203,027
|
270,282
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2,829,923
|
13,746,037
|
Decrease:
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|
|
|
|
|
|
|
|
|
Appropriations ...............
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5,475,495
|
1,917,550
|
308,079
|
1,948,045
|
1,064,210
|
206,187
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|
|
|
Less: Current year reversions . .
|
(12,816)
|
(159,137)
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|
(184,669)
|
(12,860)
|
(3,553)
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|
|
|
Prior year reversions . .
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(2,139)
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(2,429)
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|
(3,221)
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(826)
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Expenditures and encumbrances
|
5,460,540
|
1,755,984
|
308,079
|
1,760,155
|
1,050,524
|
202,634
|
267,890
|
1,630,213
|
12,436,019
|
Changes to encumbrances during
|
|
|
|
|
|
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fiscal year 1989 ..............
|
124
|
(45,737)
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|
(8,166)
|
422
|
(15)
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|
|
(53,372)
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Expenditures ..................
|
5,460,664
|
1,710,247
|
308,079
|
1,751,989
|
1,050,946
|
202,619
|
267,890
|
1,630,213
|
12,382,647
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Transfers in (out) ................
|
12,016
|
4,843
|
(1,182)
|
22,030
|
(51)
|
51
|
(23,686)
|
(14,021)
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|
Changes in contributed capital ....
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|
|
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|
|
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25,725
|
25,725
|
Removal of nonexpendable trust
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|
|
|
|
|
|
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|
|
fund from reporting entity ......
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|
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(93,705)
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(93,705)
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Fund equities, June 30, 1989 ......
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$ 646,583
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$ 439,106
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$ 85,901
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$ -0-
|
$ 153,163
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$ 2,218
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$152,718
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$13,098,541
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$14,578,230
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Invested in fixed assets ..........
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$ 1,445,288
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$ 1,445,288
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Contributed capital ..............
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1,017,085
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1,017,085
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Capital deposits by members ......
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144,224
|
144,224
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Retained earnings:
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Reserved ....................
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3,416
|
3,416
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Unreserved ..................
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|
|
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|
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881,456
|
881,456
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Fund Balance:
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|
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|
|
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Reserved:
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|
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|
|
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Encumbrances ...............
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$ 43,722
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$ 91,088
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|
$ 31,935
|
$ 12,096
|
$ 16
|
$297,206
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|
476,063
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Loans and notes receivable ....
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|
|
$ 55,858
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|
|
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|
55,858
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Loans to other funds ..........
|
1,445
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|
9,829
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|
|
|
|
|
11,274
|
Higher education programs ....
|
|
|
|
|
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|
41,020
|
41,020
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Shore erosion loan programs . . .
|
|
14,254
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|
|
|
|
|
|
14,254
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Endowment funds ............
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|
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|
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41,387
|
41,387
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Pension benefits .............
|
|
|
|
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|
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|
9,090,704
|
9,090,704
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Unemployment compensation
|
|
|
|
|
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benefits ...................
|
|
|
|
|
|
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643,566
|
643,566
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Unreserved:
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|
|
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|
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|
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Designated for:
|
|
|
|
|
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General long-term debt service
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|
20,214
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|
|
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|
20,214
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Transportation debt service . . .
|
|
|
|
|
|
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|
92,300
|
92,300
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State reserve fund ..........
|
210,729
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|
|
|
|
|
|
|
210,729
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Emergency medical services
|
|
|
|
|
|
|
|
|
|
system ...................
|
|
19,889
|
|
|
|
|
|
|
19,889
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Fiscal year 1990 operations . .
|
348,338
|
|
|
|
|
|
|
|
348,338
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Undesignated (deficit) .........
|
42,349
|
313,875
|
|
(31,935)
|
141,067
|
2,202
|
(144,488)
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(301,905)
|
21,165
|
Total ....................
|
$ 646,583
|
$ 439,106
|
$ 85,901
|
$ -0-
|
$ 153,163
|
$ 2,218
|
$152,718
|
$13,098,541
|
$14,578,230
|
75
|
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