(a) On or before the 10th day of each regular session of the General Assembly, the Comptroller shall submit to the Governor and, subject to § 2-1257 of the State Government Article, to the General Assembly an annual report on the fiscal operations of the State. (b) The report shall state: (1) for the fiscal year in which the report is made: (i) the estimated State revenues; and (ii) the estimated State expenditures; and (2) for the preceding fiscal year: (i) the total State funds; (ii) the total State revenues; (iii) the amount of revenues that the State received from each source; (iv) the total State expenditures; (v) the purposes of the expenditures; (vi) each amount that the State claims is due from a political subdivision; (vii) each amount that the State claims is due from an officer of a political subdivision who, by law, collects revenues for the State; (viii) the total funds, from all State sources, that the State transferred to each political subdivision; and (ix) the amount of those transferred funds, as calculated for each $100 of assessed value of property in a political subdivision.
Maryland Legal Code