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 30,2000

(Expressed in Thousands)

					Fiduciary	Total Primary
		Governmental	Fund Types		Fund Types	Government
		Special	Debt	Capital	Expendable	(Memorandum
	General	Revenue	Service	Projects	Trust	Only)
Revenues:
Income taxes .....................................................................	$ 5,223,740					S 5,223,740
Sales and use taxes ............................................................	2,497,531					2,497,531
Motor vehicle taxes and fees .............................................		$1,570,433				1,570,433
Other taxes........................................................................	1,113,870		$252,937		$ 369,597	1,736,404
Other licenses and fees......................................................	459,063					459,063
Charges for services ..........................................................	314,057	479,665				793,722
Interest and other investment income...............................	147,816	27,338	2,826	$ 15,917	183,541	377,438
Federal revenue .................................................................	3,475,172	498,490			466	3,974,128
Employee contributions. ............................................... ....					90,894	90,894
Employer contributions ....................................................					14,547	14,547
Other ........ ........................................................................	72,137	22,733	2,184	2,428	672	100,154
Total revenues ..............................................................	13,303,386	2,598,659	257,947	18,345	659,717	16,838,054
Expenditures:
Current:
General government ......................................................	546,049				69,543	615,592
Education.......................................................................	3,626,739					3,626,739
Business and economic development .............................	54,593				300,347	354,940
Labor, licensing and regulation ......................................	183,363					183,363
Human resources ...........................................................	1,341,603					1,341,603
Health and mental hygiene ............................................	3,956,048					3,956,048
Environment..................................................................	73,910					73,910
Transportation................. ...............................................		1,007,331				1,007,331
Public safety and judicial. ...............................................	1,435,979					1,435,979
Housing and community development... .......................	103,804					103,804
Natural resources and recreation ....................................	147,179					147,179
Agriculture.....................................................................	59,552					59,552
Intergovernmental..........................................................	376,131	513,391		297,463		1,186,985
Debt service:
Principal retirement .......................................................			406,047			406,047
Interest...........................................................................			234,840			234,840
Capital outlays ..................................................................		945,924		175,965		1,121,889
Total expenditures ........................................................	11,904,950	2,466,646	640,887	473,428	369,890	15,855,801
Excess (deficiency) of revenues over expenditures........	1,398,436	132,013	(382,940)	(455,083)	289,827	982,253
Other sources (uses) of financial resources:
Capital leases.....................................................................	19,735	34,754				54,489
Direct financing leases ......................................................		20,000				20,000
Proceeds from bonds.........................................................		75,494		126,923		202,417
Operating transfers in .......................................................	490,674	141,584	379,323	310,336		1,321,917
Operating transfers in from component units...................	1,108					1,108
Operating transfers out.....................................................	(688,143)	(272,193)	(52)	(30,860)		(991,248)
Operating transfers out to component units .....................	(829,708)			(88,292)		(918,000)
Net other sources (uses) of financial resources .............	(1,006,334)	(361)	379,271	318,107		(309,317)
Excess (deficiency)of revenues over expenditures and
net other sources (uses) of financial resources ..........	392,102	131,652	(3,669)	(136,976)	289,827	672,936
Fund balances, July 1, 1999...................................................	1,977,965	390,747	129,687	450,251	2,216,849	5,165,499
Net effect of accounting change............................................					44,687	44,687
Fund balances, June 30, 2000................................................	$ 2,370,067	$ 522,399	$126,018	$313,275	$2,551,363 1	5 5,883,122

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

38