STATE OF MARYLAND
Revenues from Unclaimed Property
For the Fiscal Year Ended June 3O, 1990
Collected by the Comptroller of the Treasury, Unclaimed Property Section
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Gross Revenues
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$14,751,188
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Less Refunds
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3,968,823
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Net Revenues
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$10,782,365
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Sources of Net Revenues:
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Miscellaneous Abandoned Property:
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Life Insurance
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$432,134
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Other Insurance
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1,037,531
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Public Utilities
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246,380
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Corporations
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5,325,231
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Fiduciaries and Trustees
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11,052
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Government Agencies
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710,097
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Banks and Financial Organizations
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3,018,367
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Other
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1,573
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Total Net Revenues
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$10,782,365
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Allocation of Net Revenues:
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Special Fund Attainment:
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For Administrative Expenses
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$649,451
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Transferred to Obligated Account for
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Subsequent Distribution to Subdivisions
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5,394,956
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Distribution to Maryland Legal Services Corporation
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500,000
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Transferred to Surplus
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4,207,958
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Total Net Revenues
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$10,752,365
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Schedule A- 12
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-89-
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