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, 2003
(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 | $8,424,400 | $8,424,400 | $8,229,807 | $(194,593) | $539,300 | $539,300 | $514,996 | $(24,304) |
| Operating Transfers In | 406,000 | 406,000 | 400,801 | (5,199) | - | - | - | - |
| Casino Gaming Payments | 399,000 | 399,000 | 387,255 | (11,745) | - | - | - | - |
| Licenses, Permits, and Fees | 128,500 | 128,500 | 125,179 | (3,321) | 339,000 | 339,000 | 341,421 | 2,421 |
| Other | 268,400 | 268,400 | 303,806 | 35,406 | 33,700 | 33,700 | 30,033 | (3,667) |
| Federal Grants | 2,303,200 | 2,303,200 | 2,318,421 | 15,221 | 3,300 | 3,300 | 3,305 | 5 |
| Transfer to the Resources of the General Fund | 284,100 | 284,100 | 351,461 | 67,361 | - | - | - | - |
| Refunds of Payments | (500) | (500) | (396) | 104 | (2,800) | (2,800) | (2,151) | 649 |
| Operating Transfers Out | (121,200) | (121,200) | (93,009) | 28,191 | (8,500) | (8,500) | (60,500) | (52,000) |
| Total Budgeted | 12,091,900 | 12,091,900 | 12,023,325 | (68,575) | 904,000 | 904,000 | 827,104 | (76,896) |
| Federal and Other Restricted | 796,822 | 2,063,165 | 1,254,709 | (808,456) | 205,047 | 297,259 | 93,759 | (203,500) |
| Total Revenues | 12,888,722 | 14,155,065 | 13,278,034 | (877,031) | 1,109,047 | 1,201,259 | 920,863 | (280,396) |
| Expenditures | ||||||||
| Budgeted: | ||||||||
| Legislative | 65,075 | 59,680 | 57,340 | 2,340 | - | - | - | - |
| General Government | 481,488 | 471,426 | 420,241 | 51,185 | 2,457 | 2,457 | 2,402 | 55 |
| Regulation and Protection | 237,946 | 225,092 | 212,331 | 12,761 | 61,957 | 61,957 | 52,038 | 9,919 |
| Conservation and Development | 83,794 | 80,899 | 73,475 | 7,424 | - | - | - | - |
| Health and Hospitals | 1,255,077 | 1245,652 | 1,222,978 | 22,674 | - | - | - | - |
| Transportation | 15,048 | 14,684 | 5,731 | 8,953 | 378,513 | 378,513 | 351,868 | 26,645 |
| Human Services | 3,702,899 | 3,769,694 | 3,724,789 | 44,905 | - | - | - | - |
| Education, Libraries, and Museums | 2,824,473 | 2,810,224 | 2,789,051 | 21,173 | - | - | - | - |
| Corrections | 1,135,337 | 1,130,166 | 1,111,416 | 18,750 | - | - | - | - |
| Judicial | 399,014 | 392,169 | 368,143 | 24,026 | - | - | - | - |
| Non Functional | 2,312,177 | 2,327,351 | 2,224,838 | 102,513 | 503,427 | 503,437 | 485,871 | 17,566 |
| Total Budgeted | 12,512,328 | 12,527,037 | 12,210,333 | 316,704 | 946,354 | 946,364 | 892,179 | 54,185 |
| Federal and Other Restricted | 796,822 | 2,063,165 | 1,254,709 | 808,456 | 205,047 | 297,259 | 93,759 | 203,500 |
| Total Expenditures | 13,309,150 | 14,590,202 | 13,465,042 | 1,125,160 | 1,151,401 | 1,243,623 | 985,938 | 257,685 |
| Appropriations Lapsed | 251,900 | 230,057 | - | (230,057) | 15,000 | 34,319 | - | (34,319) |
| Excess (Deficiency) of Revenues | ||||||||
| Over Expenditures | (168,528) | (205,080) | (187,008) | 18,072 | (27,354) | (8,045) | (65,075) | (57,030) |
| Other Financing Sources (Uses) | ||||||||
| Prior Year Appropriations Carried Forward | 168,624 | 168,624 | 168,624 | - | 28,192 | 28,192 | 28,192 | - |
| Appropriations Continued to Fiscal Year 2003-2004 | - | - | (86,647) | (86,647) | - | - | (19,866) | (19,866) |
| Miscellaneous Adjustments | - | - | 8,416 | 8,416 | - | - | 15 | 15 |
| Total Other Financing Sources (Uses) | 168,624 | 168,624 | 90,393 | (78,231) | 28,192 | 28,192 | 8,341 | (19,851) |
| Net Change in Fund Balance | $96 | $(36,456) | (96,615) | $(60,159) | $838 | $20,147 | (56,734) | $(76,881) |
| Budgetary Fund Balances (deficit) - July 1 | - | 744,088 | 422,921 | |||||
| Changes in Reserves | - | 145,181 | (9,873) | |||||
| Budgetary Fund Balances - June 30 | - | $792,654 | $356,314 | |||||
The accompanying notes are an integral part of the financial statements.