5. Taxes Receivable:

Taxes receivable, as of June 30, 1994, consists of the following (amounts expressed in thousands):

		Fui	ids
		Special	Debt	Thist and
	General	Revenue	Service	Agency
Income taxes...........................................................»	$198,145			$160,969
Sales and use taxes....................................................................................................................................	185,734
Transportation taxes, principally motor vehicle fuel and excise .......................................................		$68,610
Unemployment compensation taxes........................................................................................................				172,739
Other taxes, principally alcohol, tobacco and property.......................................................................	12,715		$5,111
	396,594	68,610	5,111	333,708
Less allowance for doubtful accounts.....................................................................................................	648			41,280
Taxes receivable, net..................................................................................................................................	$395,946	$68,610	$5,111	$292,428

6. Due From/To Other Funds:

Interfund receivables and payables, as of June 30, 1994, consist of the following (amounts expressed in
thousands):

Receivable Fund	Payable Fund	Amount
General fund	Special revenue funds — Maryland Department of
	Transportation	$ 14,858
	Enterprise funds — Maryland State Lottery Agency	32,443
	Agency funds — Local admissions and amusement
	taxes	1,011
	Pension trust fund	3,904
	Component Units — Maryland Environmental Service	967
Special revenue fund — Maryland Department of	General fund
Transportation		235,721
Debt service funds —
Transportation bonds	Special revenue fund — Maryland Department of
	Transportation	253
Capital projects fund	General fund	8,578
Agency funds —
Local income taxes	General fund	46,966
Enterprise funds —
Economic Development — Insurance Programs	General fund	39,763
— Loan Programs	General fund	97,260
	Enterprise funds — Economic Development —
	Insurance Programs	2,355
Maryland State Lottery Agency	General fund	46,108
State Use Industries	General fund	4,117
Maryland Stadium Authority	General fund	26,578
Components Units —
Higher Education fund	General fund	236,569
Maryland Food Center Authority	General fund	2,146
Maryland Higher Education Loan Corporation	General fund	26,899

7. Loans and Notes Receivable:

Loans and notes receivable, as of June 30, 1994, consists of the following (amounts expressed in thousands):

		Primary	Government
		Special	Debt	Capital		Higher
	General	Revenue	Service	Projects	Enterprise	Education
Notes receivable for advances of bond proceeds:
Political subdivisions:
Water quality projects............................................................................			$11,776		$ 140,578
Public school construction...................................................................			1,684
Other.........................................................................................................			2,945
Hospitals and nursing homes...................................................................			24,308
Permanent mortgage loans...........................................................................					1,964,560
Savings and loan association loans ............................................................					1,942
Student and health profession loans ..........................................................						$58,053
Shore erosion loans.......................................................................................				$17,083
Other.................................................................................................................	$2,816	$3,816	611		8,628	263
	2,816	3,816	41,324	17,083	2,115,708	58,316
Less allowance for possible loan losses....................................................			2,264		21,836	8,760
Loans and notes receivable, net. .................................................................	$2,816	$3,816	$39,060	$17,083	$2,093,872	$49,556

Notes receivable for advances of general obligation bond proceeds bear interest at rates ranging from 3% to
9.19% and mature over the next 27 years.

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