STATE OF MARYLAND

Combining Balance Sheet

Fiduciary Fund Types

June 30,1999

(Expressed in Thousands)

	Expendable	Trust Fund	Investment Trust Fund	Pension Retirement	Trust Funds Mass			Agency Funds
			Local	and	Transit	Patient			Local	Payroll
	Unemployment	Deferred	Government	Pension	Administration	and	Insurance	Local	Transportation	Taxes and
	Insurance	Compensation	Investment	System	Pension	Prisoner	Premium	Income	Funds and	Fringe
	Fund	Plan	Pool	of Maryland	Plan	Accounts	Taxes	Taxes	Other Taxes	Benefits	Total
Assets:
Cash and cash equivalents ...............................		$ 1,087		$ 943,107	$13,374	$5,051	$ 10		$10,765	$(1,948)	$ 971,446
Investments .......................................................		1,326,973	$712,222	29,272,047	64,650						31,375,892
Amount on deposit with U.S. Treasury ...........	$805,076										805,076
Taxes receivable, net ................................. ........	93,049							$ 181,594			274,643
Other accounts receivable.. ...............................		9,530	1,241	410,991					42		421,804
Due from other funds .......................................				12,300			27,388	842,114	13,164	1,948	896,914
Collateral for loaned securities.........................				1,891,273							1,891,273
Total assets ...........................................	$898,125	$1,337,590	$713,463	$32,529,718	$78,024	$5,051	$27,398	$1,023,708	$23,971	$ ?	$36,637,048
Liabilities:
Accounts payable and accrued liabilities.........	$ 18,752	$ 114	$ 3,079	$ 641,625	$ 803	$5,051	$27,398		$10,807		$ 707,629
Due to other funds.............................................				11,271	12,300						23,571
Accounts payable to political subdivisions .....								$1,023,708	13,164		1,036,872
Collateral obligation for loaned securities.......				1,891,273							1,891,273
Total liabilities.......................................	18,752	114	3,079	2,544,169	13,103	5,051	27,398	1,023,708	23,971		3,659,345
Fund balances:
Reserved for :
Pension benefits.............................................				29,985,549	64,921						30,050,470
Deferred compensation benefits ...................		1,337,476									1,337,476
Unemployment compensation benefits .......	879,373										879,373
Local Government Investment
Pool benefits. ...........................................			710,384								710,384
Total fund balances ...............................	879,373	1,337,476	710,384	29,985,549	64,921						32,977,703
Total liabilities and fund balances.......	$898,125	$1,337,590	$713,463	$32,529,718	$78,024	$5,051	$27,398	$1,023,708	$23,971	$ ?	$36,637,048