R E PO RT

OF THE

Comptroller of the Treasury

OF THE

STATE OF MARYLAND

TREASURY DEPARTMENT, COMPTROLLER'S OFFICE,

ANNAPOLIS, January 4th, 1906.

To the General Assembly of Maryland:

Section 9 of Article 19 of the Code of Public General Laws
prescribes that there shall be submitted to your Honorable body
"a statement of the funds and the revenues of the State and of
the public expenditures," and, in accordance with such require-
ment, I herewith submit my annual report for the fiscal year
ended September 30, 1905.

RECEIPTS.

The total gross receipts of the Treasury proper, as shown in
Statement A, are $4,493,354.34, to which must be added the
balance on hand September 30, 1904, of $1,486,228.86, aggre-
gating $5,979,583.20.

This sum is the largest amount ever received into the Treasury
of the State during a like period, but does not represent,
however, the ordinary receipts or working capital of the- State.
In said Statement you will notice an item of $600,000, which is
a part of the proceeds of the sale of Bonds authorized under
Chapter 228 of the Acts of 1904, known as the "Public Buildings
Loan," the total amount authorized being $1,625,000, which will
be more fully discussed under the title of "State Debt."