STATE OF MARYLAND

Combined Statement of Revenues, Expenditures, Other Sources

and Uses of Financial Resources and Changes in Fund Balances

All Governmental Fund Types and Expendable Trust Fund

for the year ended June 30,1992

(Expressed in Thousands)

					Fiduciary
		Governmental	Fund Types		Fund Types	Total
		Special	Debt	Capital	Expendable	(Memorandum
	General	Revenue	Service	Projects	Trust	Only)
Revenues:
Income taxes ........................................	$3,043,695					$ 3,043,695
Sales and use taxes ...................................	1,579,785					1,579,785
Motor vehicle taxes and fees ...........................		$ 990,540				990,540
Other taxes .........................................	684,680		$ 189,603	$ 28,474	$396,539	1,299,296
Other licenses and fees ................................	142,525					142,525
Charges for services ..................................	431,446	176,939				608,385
Interest and other investment income ....................	22,772	1,800	8,617	210		33,399
Federal revenue .....................................	2,071,518	350,386		774	172,697	2,595,375
Other ..............................................	243,498	7,980	1,475	5,089		258,042
Total revenues ...................................	8,219,919	1,527,645	199,695	34,547	569,236	10,551,042
Expenditures:
Current:
General government ................................	482,752					482,752
Education .........................................	2,292,608					2,292,608
Economic and employment development ................	148,413				668,356	816,769
Human resources ...................................	916,320					916,320
Health and mental hygiene ...........................	2,767,977					2,767,977
Environment ......................................	61,294					61,294
Transportation .....................................		581,706				581,706
Public safety and judicial .............................	832,312					832,312
Housing and community development ..................	115,471					115,471
Natural resources and recreation ......................	126,875					126,875
Agriculture ........................................	33,167					33,167
Intergovernmental ...................................	240,272	308,069		156,667		705,008
Debt service:
Principal retirement ................................			235,678			235,678
Interest ...........................................			215,922			215,922
Capital outlays .......................................		733,945		96,233		830,178
Total expenditures ................................	8,017,461	1,623,720	451,600	252,900	668,356	11,014,037
Excess (deficiency) of revenues over expenditures ......	202,458	(96,075)	(251,905)	(218,353)	(99,120)	(462,995)
Other sources (uses) of financial resources:
Capital leases ........................................	43,593	20,825				64,418
Proceeds from bonds ..................................		127,539		336,658		464,197
Proceeds from loans from other funds ....................		40,000				40,000
Operating transfers in ................................	426,618	60,987	253,526	8,091		749,222
Operating transfers out ...............................	(785,965)	(170,384)	(11,213)	(92,017)		(1,059,579)
Early repayment of capital leases .......................		(12,155)				(12,155)
Net other sources (uses) of financial resources ..........	(315,754)	66,812	242,313	252,732		246,103
Excess (deficiency) of revenues over expenditures and net
other sources (uses) of financial resources ...........	(113,296)	(29,263)	(9,592)	34,379	(99,120)	(216,892)
Fund balances (deficit), July 1, 1991 .......................	(16,779)	47,175	160,718	55,775	384,413	631,302
Residual equity transfer .................................	8,350					8,350
Fund balances (deficit), June 30, 1992 .....................	$ (121,725)	$ 17,912	$ 151,126	$ 90,154	$285,293	$ 422,760

The accompanying notes to general purpose financial statements are an integral part of these financial statements.

26