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 Funds

for the year ended June 30,1999

(Expressed in Thousands)

					Fiduciary	Total
	Governmental		Fund Types		Fund Types	Primary Government
		Special	Debt	Capital	Expendable	(Memorandum
	General	Revenue	Service	Projects	Trust	Only)
Revenues:
Income taxes ......................................................................	$ 4,845,406					$4,845,406
Sales and use taxes ............................................................	2,299,266					2,299,266
Motor vehicle taxes and fees ..............................................		$1,507,898				1,507,898
Other taxes..........................................................................	956,714		$247,193		$ 379,145	1,583,052
Other licenses and fees ......................................................	328,442					328,442
Charges for services............................................................	307,441	451,257				758,698
Interest and other investment income ..............................	130,644	23,320	3,121	$17,860	166,138	341,083
Federal revenue ..................................................................	3,237,630	444,062			1,630	3,683,322
Employee contributions............ ..........................................					81,310	81,310
Other....................................................................................	135,485	29,038	399		5	164,927
Total revenues ................................................................	12,241,028	2,455,575	250,713	17,860	628,228	15,593,404
Expenditures:
Current:
General government ......................................................	495,028				70,154	565,182
Education ........................................................................	3,440,054					3,440,054
Business and economic development ............................	50,344				318,729	369,073
Labor, licensing and regulation......................................	158,192					158,192
Human resources. ...........................................................	1,285,650					1,285,650
Health and mental hygiene.......................... ..................	3,599,677					3,599,677
Environment ..................................................................	68,119					68,119
Transportation ................................................................		979,560				979,560
' Public safety and judicial ..............................................	1,349,764					1,349,764
Housing and community development. .........................	106,604					106,604
Natural resources and recreation..................................	131,541					131,541
Agriculture ........................................................ ..............	53,078					53,078
Intergovernmental...... ....................................................	358,024	502,046		291,245		1,151,315
Debt service:
Principal retirement ......................................................			374,882			374,882
Interest............................................................................			228,748			228,748
Capital outlays....................................................................		950,160		156,715		1,106,875
Total expenditures ..........................................................	11,096,075	2,431,766	603,630	447,960	388,883	14,968,314
Excess (deficiency) of revenues over expenditures ......	1,144,953	23,809	(352,917)	(430,100)	239,345	625,090
Other sources (uses) of financial resources:
Capital leases....................................................................	28,089	53,503		18,409		100,001
Proceeds from bonds .......................................................				483,805		483,805
Operating transfers in........................................................	484,079	110,419	335,980	249,198		1,179,676
Operating transfers in from component units..................	1,013					1,013
Operating transfers out. .....................................................	(534,498)	(242,452)		(29,901)		(806,851)
Operating transfers out to component units ....................	(740,863)			(83,307)		(824,170)
Net other sources (uses) of financial resources ............	(762,180)	(78,530)	335,980	638,204		133,474
Excess (deficiency) of revenues over expenditures and
net other sources (uses) of financial resources ..........	382,773	(54,721)	(16,937)	208,104	239,345	758,564
Fund balances, July 1, 1998 ..................................................	1,595,192	445,468	146,624	242,147	1,977,504	4,406,935
Fund balances, June 30, 1999.. ..............................................	$ 1,977,965	$ 390,747	$129,687	$450,251	$2,216,849	$5,165,499

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

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