STATE OF MARYLAND

COMPREHENSIVE ANNUAL FINANCIAL REPORT
TABLE OF CONTENTS

INTRODUCTORY SECTION Page(s)

Selected State Officials 7

State Organization Chart 8

Certificate of Achievement 9

State Comptroller's Letter 11-16

FINANCIAL SECTION

Report of independent certified public accountants 19

GENERAL PURPOSE FINANCIAL STATEMENTS

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 Fund 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, Federal, Current Unrestricted and Current Restricted Funds 25-26

Combined statement of revenues, expenses and changes in retained earnings/fund balances-
Enterprise Funds, Nonexpendable Trust Fund and Pension Trust Fund 27

Combined statement of changes in financial position—Enterprise Funds, Nonexpendable Trust
Fund and Pension Trust Fund 28

Balance sheet—Higher Education Fund 29

Statement of revenues, expenses, interfund transfers, operating transfers and changes in fund
balances—Higher Education Fund 30

Notes to general purpose financial statements 31-56

COMBINING FINANCIAL STATEMENTS AND SCHEDULES

Debt Service Funds:
Combining balance sheet 59

Combining statement of revenues, expenditures, other sources and uses of financial resources
and changes in fund balances 60

Enterprise Funds:
Combining balance sheet 61

Combining statement of revenues, expenses and changes in retained earnings 62
Combining statement of changes in financial position 63

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