TREASURY DEPARTMENT,

COMPTROLLER’ S OFFICE,

ANNAPOLIS, Jan. 10th, 1866.

To the General Assembly of Maryland:
The following Report is respectfully submitted in obedience
to the requirements of the third section of the sixth Article
of the Constitution, and of section nine, of Article XXII. of
the Code of Public General Laws:

There has been received into the Treasury, from all sources,
during the Fiscal Year which ended the 30th day of Septem-
ber, 1865. the sum of $2,681,592. 20, as will appear by State-
ment "A," ln the appendix to this Report. Of this amount
the sum of $830,745.81 proceeded from a loan negotiated by
the Treasurer, and the sum $248,742.26 was derived from
the Public School Tax. It these sums he deducted, there ap-
pears as received from the ordinary sources of revenue, the
sum of $1,602,104.13, which amount is less by the sum of
$110,013.34 than the receipts from similar sources during the
last Fiscal Year. The deficit will he found principally in the
arrearages of taxes, and is caused by the reduction of the
State Direct Tax from twenty-five to fifteen cents in each one
hundred dollars.
The disbursements during the year, as will appear by State—
ment "B,’’ amounted to $3,125,565.53. The chief expendi-
tures were for Bounties to Volunteers, for interest on the
Public Debt, and for the expenses of the Constitutional Con-
vention and General Assembly. Certificates of indebtedness
to the amount of $56,525.39, issued under chapter 347 of 1846,
on account of the Annapolis and Elkridge Rail Road, have
been redeemed during the year.
The balance in the Treasury at the close of the Fiscal Year,
including the amounts standing to the credit of the "Funds,’’