STATE OF MARYLAND

COMPREHENSIVE ANNUAL FINANCIAL REPORT
TABLE OF CONTENTS

INTRODUCTORY SECTION	Page(s)
Selected State Officials .................................................................	7
State Organization Chart ...............................................................	8
Certificate of Conformance .............................................................	9
State Comptroller's Letter ..............................................................	11-16
FINANCIAL SECTION
Report of independent certified public accountants .........................................	19
COMBINED FINANCIAL STATEMENTS AND SCHEDULES
Combined balance sheet- All Fund Types and Account Groups ...............................	22-23
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 ........................................................................	24
Combined statement of revenues, expenditures and encumbrances, other sources and uses
of financial resources and changes in fund balances -budget and actual - Budgetary General,
Special and Federal Funds ............................................................	25
Combined statement of revenues, expenses and changes in retained earnings/fund balances -
Enterprise Funds, Nonexpendable Trust Fund and Pension Trust Fund ......................	26
Combined statement of changes in financial position -Enterprise Funds, Nonexpendable
Trust Fund and Pension Trust Fund ....................................................	27
Balance sheet-Higher Education Fund ...................................................	28
Statement of revenues, expenses, interfund transfers, operating transfers and changes in
fund balances -Higher Education Fund .................................................	29
Notes to combined financial statements ...................................................	30-54
COMBINING FINANCIAL STATEMENTS AND SCHEDULES
Debt Service Funds:
Combining balance sheet ..............................................................	57
Combining statement of revenues, expenditures, other sources and uses of financial resources
and changes in fund balances ........................................................	58
Enterprise Funds:
Combining balance sheet ..............................................................	59
Combining statement of revenues, expenses and changes in retained earnings ................	60
Combining statement of changes in financial position ......................................	61