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STATE OF MARYLAND
Combining Balance Sheet
Fiduciary Fund Types
June 30, 1997
(Expressed in Thousands)
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Pension
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Trust Funds
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Agency
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Funds
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Retirement
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Mass
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and
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Transit
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Patient
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Local
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Local
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Payroll
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Pension
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Administration
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and
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Deferred
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Government
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Insurance
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Local
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Transportation
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Taxes and
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Expendable
Trust Fund
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System
of Maryland
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Pension
Plan
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Prisoner
Accounts
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Compensation
Plan
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Investment
Pool
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Premium
Taxes
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Income
Taxes
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Funds and
Other Taxes
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Fringe
Benefits
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Total
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Assets:
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Cash and cash equivalents ..................
Investments. ...........................................
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$ 1.040,916
23,499,019
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$11,609
45,421
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$5,191
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$ 1,189
836,485
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$440,127
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$21,309
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$23,075
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$880
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$ 1,104,169
24,821,052
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Amount on deposit with U.S.
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Treasury ..............................................
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$732,606
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732,606
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Taxes receivable, net ............................
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84,482
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$141,215
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225,697
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Other accounts receivable ...................
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291,216
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4,146
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1,526
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60
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296,948
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Due from other funds...........................
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10,819
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654,713
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665,532
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Collateral for loaned securities ..........
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2,435,895
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2,435,895
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Total assets.....................................
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$817,088
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$27,277,865
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$57,030
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$5,191
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$841,820
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$441,653
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$21,309
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$795,928
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$23,135
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$880
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$30,281,899
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Liabilities:
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Accounts payable and accrued
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liabilities..............................................
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$ 16,581
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$ 295,108
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$ 683
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$5,191
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$ 97
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$ 19
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$21,309
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$13,249
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$880
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$ 353,117
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Due to other funds................................
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4,092
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10,819
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14,911
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Accounts payable to political
subdivisions and local income tax
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refunds ................................................
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$795,928
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9,886
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805,814
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Collateral obligation for loaned
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securities.................................................
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2,435,895
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2,435,895
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Deferred compensation benefits
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payable ....................................................
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841,723
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841,723
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Deposits held by local government
investment pool.....................................
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441,634
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441,634
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Total liabilities ...............................
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16,581
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2,735,095
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11,502
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5,191
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841,820
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441,653
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21,309
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795,928
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23,135
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880
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4,893,094
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Fund balances:
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Reserved for:
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Pension benefits... .............................
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24,542,770
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45,528
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24,588,298
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Unemployment compensation
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benefits............................................
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800,507
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800,507
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Total fund balances. .....................
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800,507
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24,542,770
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45,528
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25,388,805
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Total liabilities and fund
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balances ......................................
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$817,088
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$27,277,865
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$57,030
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$5,191
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$841,820
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$441,653
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$21,309
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$795,928
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$23,135
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$880
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$30,281,899
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The accompanying notes to the general purpose financial statements are an integral part of these financial statements.
STATE OF MARYLAND
Combining Balance Sheet
Retirement and Pension System of Maryland
June 30, 1997
(Expressed in Thousands)
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Teachers'
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Employees'
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Natural
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Retirement
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Retirement
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Judges'
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State Police
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Local Fire
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Resources
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and Pension
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and Pension
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Retirement
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Retirement
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and Police
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Pension
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Systems
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Systems
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System
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System
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System
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System
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Total
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Assets:
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Cash and cash equivalents .........................................
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............... $ 688,010
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$ 304,075
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$ 8,713
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$ 35,467
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$1,585
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$ 3,066
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$ 1,040,916
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Investments...................................................................
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............... 14,006,051
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8,283,448
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153,616
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1,006,399
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4,277
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45,228
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23,499,019
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Other accounts receivable ..........................................
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............... 170,630
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104,981
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2,482
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12,191
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124
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808
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291,216
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Due from other funds................................ ..................
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............... 6,297
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3,872
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76
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544
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3
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27
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10,819
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Collateral for loaned securities .................................
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............... 1,431,776
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846,156
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30,154
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116,504
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1,935
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9,370
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2,435,895
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Total assets.......................... ..................................
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............... $16,302,764
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$9,542,532
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$195,041
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$1,171,105
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$7,924
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$58,499
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$27,277,865
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Liabilities:
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Accounts payable and accrued liabilities ................
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............... $ 173,138
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$ 103,678
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$ 2,979
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$ 14,256
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$ 123
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$ 934
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$ 295,108
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Due to other funds ......................................................
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............... 2,401
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1,438
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42
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198
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13
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4,092
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Collateral obligation for loaned securities ..............
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............... 1,431,776
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846,156
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30,154
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116,504
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1,935
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9,370
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2,435,895
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Total liabilities ......................................................
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............... 1,607,315
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951,272
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33,175
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130,958
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2,058
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10,317
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2,735,095
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Fund balances:
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Reserved for
|
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|
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|
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Pension benefits .......................................................
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............... 14,695,449
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8,591,260
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161,866
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1,040,147
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5,866
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48,182
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24,542,770
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Total liabilities and fund balances ....................
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............... $16,302,764
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$9,542,532
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$195,041
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$1,171,105
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$7,924
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$58,499
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$27,277,865
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The accompanying notes to the general purpose financial statements are an integral part of these financial statements.
79
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