Statistical Section

This part of the State's annual comprehensive financial reports presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the State's economic condition.

Table of Contents

Sources: Unless otherwise noted, the information in these schedules is derived from the annual comprehensive financial reports for the relevant year.

State Of Maryland

Net Position by Component Primary Government Last Ten Fiscal Years (accrual basis of accounting) (Expressed

State Of Maryland

Changes in Net Position

Last Ten Fiscal Years (accrual basis of accounting)

State Of Maryland

(1) See the Expenses by Function, Primary Government and Revenues, Primary Government schedules for detailed information on expenses and revenues.

(2) Beginning net position was restated for fiscal year 2014, 2015, 2018 and 2021 due to implementation of GASB Statements No. 53, 65, 68, 75 and 84, respectively. The restatement for 2021 Business-type activities was due to the reclassification of Economic Development programs.

STATE OF MARYLAND Revenues, Primary Government Last Ten Fiscal Years (accrual based accounting) (Expressed in Thousands)

State Of Maryland

Fund Balances, Governmental Funds

State Of Maryland

Changes in Fund Balances, Governmental Funds Last Ten Fiscal Years (modified accrual based accounting) (Expressed in Thousands)

STATE OF MARYLAND

Changes in Fund Balances, Governmental Funds (Continued)

Last Ten Fiscal Years (modified accrual based accounting) (Expressed in

State Of Maryland

State Personal Income Tax and Sales Tax Rates

Calendar Year 2011 - 2021*

Filing Status, Single: Married Filing Jointly:

*Income Tax Rates effective January 1, 2012

State Personal Income Tax and Sales Tax Rates

Calendar Years 2011**

Filing Status, Single: Married Filing Jointly:

SalesTaxRate:6%

** Income Tax Rates effective January 1, 2008

Source: Revenue Administration Division, State Comptroller's Office

State Of Maryland

Personal Income Tax Filers and Liability by Income Level Last Ten Tax Years Ended December 31st. (Dollars, except income level, Expressed in Thousands)

Personal

State Of Maryland

Income Tax

Filers and Liability by

Income

Last Ten Tax Years Ended December 31st. (Dollars, except income level, Expressed in Thousands)

Level

State Of Maryland

Sales and Use Tax Receipts by Principal Type of Business

Source: Revenue Administration Division, Comptroller's Office

*The 2011 Session of the Maryland General Assembly approved legislation increasing the sales tax on alcoholic beverages from 6% to 9% effective fiscal year 2012.

Source: General Accounting Division, State Comptroller's Office

(1) Population and personal income data can be found in the Schedule of Demographics Statistics.

(2) General bonded debt and transportation bonds are net of related premiums, discounts and adjustments.

State Of Maryland

Ratio of General Bonded Debt

to Actual Value and General Bonded Debt Per Capita

Last Ten Fiscal Years

Source: The Sixty-Seventh through Seventy-Sixth Report of the State Department of Assessments and Taxation and the State Comptroller's Office

(1) See Schedule of Demographic Statistics.

(2) Includes general obligation bonds. The primary revenue source to pay the debt service for general obligation bonds is property taxes. The General bonded debt is net of related premiums, discounts, and adjustments.

Legal Debt Margin Calculation for Fiscal Year 2021

State Of Maryland

Legal Debt Margin Information

Source: The Sixty-Seventh through Seventy-Sixth Report of the State Department of Assessments and Taxation and the State Comptroller's Office

(1) For general obligation bonds, the debt limit is based on separate enabling acts for particular objects or purposes that are enacted during each legislative session. There is no separately mandated maximum amount for the issuance of general obligation bonds. For transportation bonds, the General Assembly each year establishes a maximum aggregate outstanding amount that does not exceed $4,500,000,000.

(2) The 2020 session of the General Assembly established a maximum outstanding principal amount of $1,200,000,000 as of June 30, 2021, for all nontraditional debt of the Department. Nontraditional debt outstanding is defined as any debt instrument that is not a Consolidated Transportation Bond or GARVEE bond. This debt includes certificates of participation, debt backed by customer facility charges, passenger facility charges, or other revenues, and debt issued by the Maryland Economic Development Corporation or any other third party on behalf of the Department.

State Of Maryland

Schedule of Taxes Pledged to Consolidated Transportation Bonds and Net Revenues as Defined for Purposes of Consolidated Transportation Bonds Coverage Tests Last Ten Fiscal Years

(Expressed

Source: The Maryland Department of Transportation, The Secretary's Office, Office of Finance.

(1) The allocation of the corporate income tax to the Department was changed from 24% to 17.2% in fiscal year 2012, 9.5% in fiscal year 2013, 19.5% through fiscal year 2016, and 17.2% thereafter.

(2) The motor fuel tax rate was increased based on growth of the Consumer Price Index and applies a sales and use tax equivalent to the price of motor fuel beginning in fiscal year 2014.

(3) The Transportation Trust Fund transferred $40,000,000 of the Department's share of Highway User Revenues to the Revenue Stabilization Account in fiscal year 2012.

State Of Maryland

Ratio of Pledged Assets to Revenue Bonds, Community Development Administration

(1) Bonds and notes issued by the Community Development Administration (CDA) are special obligations of CDA and are payable solely from the revenues of the applicable mortgage loan programs. Assets, principally mortgage loans, and program revenues are pledged as collateral for the revenue bonds.

State Of Maryland

Sources:

(1) U.S. Census Bureau, "Annual Estimates of the Resident Population: April 1, 2013 - July 1, 2020", revised December, 2020. Estimates for the calendar year except that the current year amount is a projected estimate for the year.

(2) U.S. Department of Commerce, Bureau of Economic Analysis. Data for all years based on revised statistics of state personal income released on September 23, 2021. All estimates of state personal income are subject to BEA's flexible annual revision schedule.

(3) Figures are as of September 30 of the prior calendar year from State Department of Education, grades pre-kindergarten through grade 12. Includes public and nonpublic schools. Data for nonpublic schools is incomplete.

(4) Figures are for the fiscal year from State Department of Labor.

Source: DLLR Website - http://dllr.maryland.gov/lmi/emppay/md2020ep.shtml

Source: DLLR Website - http://dllr.maryland.gov/lmi/emppay/md2011ep.shtml

State Of Maryland

Maryland’s Ten Largest Private Employers (1) Calendar Years

Employer(ListedAlphabetically)

2021 (2) 2020 (2) 2019 (2) 2018 (2)

BykGardnerInc

AnneArundelMedicalCenter

AnneArundelCountyBoardofEducation

AppliedPhysicsLaboratory CleanHarborsInc ArcDayCtr BYKGardnerInc. BYKGardner

HolyCrossHospital BYKGardnerInc.

TheJohnsHopkinsUniversityApplied CleanHarborsInc

JohnsHopkinsBayviewMedicalCenter

TheJohnsHopkinsUniversityApplied

PhysicsLaboratory PhysicsLaboratory

JohnsHopkinsUniversitySchoolofMedicine

MarylandNeuroimagingCenter

NorthropGrummanElectronicSystems

UniversityofMaryland

UniversityofMarylandMedicalCenter

2017 (2)

JohnsHopkinsUniversitySchoolof Medicine

NorthropGrummanElectronicSystems

SchoolofMedicineUniversityofMaryland

UniversityofMDMarleneandStewart GreenebaumComprehensiveCancerCenter

UniversityofMarylandMedicalCenter

2016(2)

CareFirstBlueCrossBlueShield

TheJohnsHopkinsUniversityApplied

PhysicsLaboratory

JohnsHopkinsUniversitySchoolof Medicine

NorthropGrummanElectronicSystems

SchoolofMedicineUniversityofMaryland

UniversityofMDMarleneandStewart

GreenebaumComprehensiveCancerCenter

UniversityofMarylandMedicalCenter

WalterReedNationalMilitaryMedical Center

2015, 2014, 2013, and 2012

CareFirstBlueCrossBlueShield

F.HFurrPlumbing,HVAC&Electrical

JohnsHopkinsHospital

JohnsHopkinsUniversity

NorthropGrummanElectronicSystems

UniversityofMarylandBiotechnology

UniversityofMarylandMedicalCenter

SapAmericaInc.

AppliedPhysics

AppliedPhysicsLaboratory BAESystemsInc. BYKGardnerInc. BYKGardner ExelonCorporation

CleanHarborsInc.

JohnsHopkinsUniversity

GiantFoodLLC

CristalUSA LibertyTaxService HRBlockInc.

JohnsHopkinsHospital

JohnsHopkinsUniversity

NorthropGrummanElectronicSystems

StephenJamesAssociates

NorthropGrummanElectronicSystems SylvanLearningCenter

SapAmericaInc.

UniversityofMarylandMedicalCenter

JohnsHopkinsUniversity

LockheedMartinCorporation

McDonald'sCorporation

NorthropGrummanCorporation

SinaiHospital VitaminShoppe SafewayInc.

UniversityofMarylandMedicalCenter WernerEnterprisesInc. Walmart

Source: Department of Labor, Licensing and Regulation; Office of Market Labor

Analysis and Information - Major Employer List - March 2021

(1) Information such as the number of employees or the employers' percentage of total employment is not available for disclosure.

(2) Beginning in 2015, the source for the State's largest employers is a private contractor rather than the agency's in-house system.

State Of Maryland

State Employees by Function/Program

HigherEducation(Universities,CollegesandCommunityColleges):

State Of Maryland

STATE OF MARYLAND Schedule

Sources: State Comptroller's Office, General Accounting Division, Central Payroll Bureau, www.mdarchives.state.md.us/msa/mdmanual, Maryland Budget, Department of Budget and Management, Department of Natural Resources, and the State Highway Administration of Maryland

(1) These amounts are estimates.

(2) Represents the number of bridges owned and mainatined by SHA on the National Highway System (NHS). The large increase reported in 2013 resulted from an expansion of Maryland's portion of NHS by the Federal Highway Administration.

(3) Restructuring of training programs in 2009 has led to reduced funding for the Partnership for Workforce Quality Program (PWQ) through 2017.

(4) CDA relies completely on the reporting of two different Master Servicers on the underlying loans that comprise the Mortgage-backed securities held by CDA at fiscal year end.

(5) Large reduction of faculty count is due to exclusion of faculty at Clinical Medicine at UMB, faculty at extension services, and continuing education faculty beginning in 2013.

(6) Legislative scholarships are not included due to a change in awarding practices begun in FY 2012.

(7) Crashes investigated by Maryland State Police; prior to 2016 included allied agencies.

(8) Maryland has an official land preservation goal of 1,030,000 acres. This goal has changed to include 6 programs instead of the previous 4 programs. The two new easement programs enacted by House Bill 860 are: The Next Generation Farmland Acquisition Program run by the Maryland Agricultural and Resource-Based Industry Development Corporation (MARBIDCO), and easements managed by the Maryland Environmental Trust (MET). The bill also extended the deadline for reaching the preservation goal from 2022 to 2030.