Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2002 BASIC FINANCIAL STATEMENTS - Statement of Revenues, Expenditures, and Changes in Fund Balances Budget and Actual - Non-GAAP Budgetary Basis General and Transportation Funds

State of Connecticut

Statement of Revenues, Expenditures, and
Changes in Fund Balances
Budget and Actual - Non-GAAP Budgetary Basis
General  and Transportation Funds

For the Fiscal Year Ended June 30, 2002
(Expressed in Thousands)

General Fund Transportation Fund
Variance with Variance with
Budget Final Budget Budget Final Budget
Revenues Original Final Actual Over (Under) Original Final Actual Over (Under)
Budgeted:                
Taxes, Net of Refunds $8,754,200 $7,738,200 $7,730,954 $(7,246) $514,400 $534,400 $533,734 $(666)
Operating Transfers In 385,200 397,600 397,589 (11) - - - -
Casino Gaming Payments 360,000 369,000 368,954 (46) - - - -
Licenses, Permits, and Fees 128,200 137,600 137,518 (82) 320,300 331,400 331,394 (6)
Other 270,700 215,400 216,200 800 37,000 40,500 40,480 (20)
Federal Grants 2,144,300 2,142,200 2,142,269 69 3,000 3,300 3,310 10
Refunds of Payments (500) (400) (373) 27 (2,800) (2,500) (2,525) (25)
Operating Transfers Out (148,000) (147,700) (147,686) 14 (9,500) (9,500) (9,500) -
Total Budgeted 11,894,100 10,851,900 10,845,425 (6,475) 862,400 897,600 896,893 (707)
Federal and Other Restricted 700,080 1,895,200 1,098,258 (796,942) 199,569 308,272 103,225 (205,047)
Total Revenues 12,594,180 12,747,100 11,943,683 (803,417) 1,061,969 1,205,872 1,000,118 (205,754)
Expenditures                
Budgeted:                
Legislative 66,962 67,087 58,095 8,992 - - - -
General Government 645,956 574,038 527,288 46,750 2,252 2,252 1,673 579
Regulation and Protection 250,255 243,788 222,490 21,298 63,866 63,902 55,757 8,145
Conservation and Development 131,698 93,682 78,464 15,218 - - - -
Health and Hospitals 1,265,550 1,229,506 1,198,335 31,171 - - - -
Transportation 83,926 52,701 37,653 15,048 359,838 365,612 347,043 18,569
Human Services 3,555,552 3,617,827 3,589,653 28,174 - - - -
Education, Libraries, and Museums 2,966,317 2,881,637 2,847,540 34,097 - - - -
Corrections 1,095,683 1,099,164 1,068,183 30,981 - - - -
Judicial 385,341 387,288 376,813 10,475 - - - -
Non Functional 2,262,991 2,270,539 2,182,512 88,027 484,540 486,495 468,182 18,313
Total Budgeted 12,710,231 12,517,257 12,187,026 330,231 910,496 918,261 872,655 45,606
Federal and Other Restricted 700,080 1,895,200 1,098,258 796,942 199,569 308,272 103,225 205,047
Total Expenditures 13,410,311 14,412,457 13,285,284 1,127,173 1,110,065 1,226,533 975,880 250,653
Appropriations Lapsed 103,850 161,608 - (161,608) 15,000 17,413 - (17,413)
Excess (Deficiency) of Revenues                
Over Expenditures (712,281) (1,503,749) (1,341,601) 162,148 (33,096) (3,248) 24,238 27,486
Other Financing Sources (Uses)                
Prior Year Appropriations Carried Forward 712,430 712,430 712,430 - 54,748 54,748 54,748 -
Appropriations Continued to Fiscal Year 2002-2003 - - (168,623) (168,623) - - (28,192) (28,192)
Miscellaneous Adjustments - - (19,291) (19,291) - - 3,167 3,167
Total Other Financing Sources (Uses) 712,430 712,430 524,516 (187,914) 54,748 54,748 29,723 (25,025)
Net Change in Fund Balance $149 (791,319) (817,085) $(25,766) $21,652 $51,500 53,961 $2,461
Budgetary Fund Balances (deficit) - July 1   - 1,444,214       390,038  
Changes in Reserves   - 116,959       (21,078)  
Budgetary Fund Balances - June 30   - $744,088       $422,921  

The accompanying notes are an integral part of the financial statements.