The Special Funds appropriated are the receipts of the Board. It is the
intention that the monies collected shall be available for the purposes of
the Board, according to law.

	THE PUBLIC DEBT OF MARYLAND 1 Interest and Redemption Requirements on existing Public Debt of the State: Interest.............................................		$ 781, 396. 25
	Redemption.........................................		2, 671, 000. 00
	Total.........................................		$3, 452, 396. 25
	Plus: ŧContingent Interest on Loans authorized but
	not issued:
	State Office Building Loan of 1945..........	$60, 000. 00
	Armory Loan of 1948......................	16, 800. 00
	General Construction Loan of 1949..........	330, 000. 00
	General Public School Assistance Loan of 1949	335, 760. 00
	*General Public School Construction Loan
	of 1949.................................	893, 730. 00
	Mental Hospital Construction Loan of 1950.	84, 000. 00
	General Construction Loan of 1950.........	116, 181. 00	1, 836, 471. 00
	Total Debt Requirements................	..........	$5, 288, 867. 25
	Less: Available from Annuity Bond Fund.........	$1, 459, 727. 25
	*Interest Requirement on General Public
	School Construction Loan of 1949........	1, 177, 140. 00	2, 636, 867. 25
	Total Appropriations from Special Funds...		$2, 652, 000. 00

ŧContingent interest computed at maximum rate of 3% authorized in loan Acts.

*Provision for interest on this loan is necessary only in the event the Counties and
Baltimore City are not able to meet this obligation from sufficient annual levies on their
taxable basis or from allocable State Special Funds as stipulated in the Act.