STATE OF MARYLAND

Combined Balance Sheet

All Fund Types, Account Groups

and Discretely Presented Component Units

June 30, 1997

(Expressed in Thousands)

	Governmental		Fund Types		Proprietary	Fiduciary Fund Types Trust	Account General	Groups General	Total Primary Government	Component	Units	Total Reporting Entity
		Special	Debt	Capital	Fund Types	and	Fixed	Long-Term	(Memorandum	Higher	Proprietary	(Memorandum
	General	Revenue	Service	Projects	Enterprise	Agency	Assets	Debt	Only)	Education	Fund Types	Only)
Assets and Other Debits:
Assets:
Cash and cash equivalents ........................................	.$1,050,350	$142,341	$ 47,670	$ 190,779	$ 163,703	$ 1,104,169			$ 2,699,012	$ 75,374	$ 29,410	$ 2,803,796
Investments ..................................................................	. 1,270,874	115,111	45,648	539	1,035,516	24,821,052			27,288,740	134,384	66,948	27,490,072
Amount on deposit with U. S. Treasury..................						732,606			732,606			732,606
Taxes receivable, net...................................................	. 487,004	67,341	6,227			225,697			786,269			786,269
Intergovernmental receivables..................................	. 431,621	100,094							531,715	3,472		535,187
Other accounts receivable. ....... .................................	61,987	5,038	764	844	67,108	296,948			432,689	98,691	17,665	549,045
Due from other funds.................................................	41,746	267,082			223,404	665,532			1,197,764			1,197,764
Due from primary government..................................										292,949	58,701	351,650
Collateral for loaned securities .................................						2,435,895			2,435,895			2,435,895
Inventories.....................................................................					4,528				4,528	13,627		18,155
Loans and notes receivable, net................................	1,046	16,000	27,070	15,060	2,569,719				2,628,895	58,057	6,887	2,693,839
Investments in direct financing leases.....................											267,193	267,193
Loans to component units...................... ....................			6,372						6,372			6,372
Property, plant and equipment, net..........................					4,461		$9,597,437		9,601,898	3,023,734	33,836	12,659,468
Restricted assets..........................................................											652	652
Other assets..................................................................	70,627	3,636			77,860				152,123	30,723	140,324	323,170
Other Debits:
Amounts available in debt service fund for
retirement of:
General obligation bonds............................................								$ 14,955	14,955			14,955
Transportation bonds..................................................								12,818	12,818			12,818
Maryland Transportation Authority bonds...............								68,565	68,565			68,565
Amounts to be provided for retirement of:
General obligation bonds............................................								3,010,439	3,010,439			3,010,439
Transportation bonds..................................................								922,537	922,537			922,537
Maryland Transportation Authority bonds...............								323,373	323,373			323,373
Accrued self-insurance costs .....................................								123,895	123,895			123,895
Accrued annual leave ..................................................								144,340	144,340			144,340
Obligations under capital leases................................								85,847	85,847			85,847
Obligations under capital leases with component
units............................................................................								267,193	267,193			267,193
Total assets and other debits.........................	.$3,415,255	$716,643	$133,751	$ 207,222	$4,146,299	$30,281,899	$9,597,437	$4,973,962	$53,472,468	$3,731,011	$621,616	$57,825,095