STATE OF MARYLAND

Combining Statement of Revenues,

Expenditures, Other Sources and Uses of

Financial Resources and Changes in Fund Balances

Debt Service Funds

for the year ended June 30, 1997

(Expressed in Thousands)

			Maryland
	General	Transportation	Transportation
	Obligation Bonds	Bonds	Authority Bonds	Total
Revenues:
Other taxes.......................................................................................	$ 235,931			$ 235,931
Interest and other investment income ........................................	2,702	$ 944	$ 1,403	5,049
Other..................................................................................................	211	146		357
Total revenues.........................................................................	238,844	1,090	1,403	241,337
Expenditures:
Debt service:
Principal retirement....................................................................	244,545	94,525	19,780	358,850
Interest..........................................................................................	157,254	49,021	20,464	226,739
Total expenditures ...... ...... ......................................................	401,799	143,546	40,244	585,589
Deficiency of revenues over expenditures .........................	(162,955)	(142,456)	(38,841)	(344,252)
Other sources of financial resources — operating transfers in ..	156,275	122,258	41,236	319,769
Excess (deficiency) of revenues over expenditures and
other sources (uses) of financial resources....... ............	(6,680)	(20,198)	2,395	(24,483)
Fund balances, July 1, 1996 ............. .................................................	53,497	32,860	66,170	152,527
Cumulative effect of accounting change.........................................		156		156
Fund balances, June 30, 1997 ........ ............... ....................................	$ 46,817	$ 12,818	$ 68,565	$ 128,200

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

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