126

STATE OF MARYLAND

(A) Property Tax:	Schedule A- 14	Exhibit A-l
Property Tax. ................................................	$146,622,329	$147,248,540
Plus: Interest ................................................	642,712
Beginning Balance not used in 1988 ........................	5,436
Less: 1989 Deferred Revenue ...................................	(96,739)
Interest on June reports and late remittances. ...............		(74,802)
Total Property Tax per Exhibit D-2 ....................................	$147,173,738	$147,173,738
(B) Transfers:	IN	OUT
Interest Grants ...............................................	$ 40,443
Reduction of Debt Service .....................................	15,641,750
Bond Discount. . ..... .........................................		$ 1,222,592
Restricted Proceeds Debt Service ...............................		13,268,783
	$ 15,682,193	$ 14,491,375
(C) "Other Revenues" are summarized as follows:
Transfer from the General Fund:
Direct Appropriation ...........................................	$ 86,000,000
Department of Education .......................................	153,785,477
Rights of Way and Sale of Land ...................................	3,657,627
Accrued Interest on Notes Receivable ..............................	44,754
Unallocated Repayments .........................................	5,023
Receipts from Closed Schools .....................................	324,093
Accrued Interest on Bond Sale ....................................	145,393
Payment from Arundel General Hospital ............................	197,672
Interest on Late Remittance of Property Tax .......................	5,415
Miscellaneous Receipts ..........................................	62,906
	$244,228,360