State of Connecticut

Comprehensive Annual Financial Report
Fiscal Year Ended June 30, 2004

FINANCIAL SECTION
BASIC FINANCIAL STATEMENTS

Statement of Net Assets

Statement of Activities

Governmental Fund Financial Statements

Narrative
Balance Sheet - Governmental Funds
Reconciliation of Governmental Funds Balance Sheet to the Statement of Net Assets
Statement of Revenues, Expenditures and Changes in Fund Balances - Governmental Funds
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities
Statement of Revenues, Expenditures, and Changes in Funds Balances - Budget and Actual - Non -GAAP Budgetary Basis - General and Transportation Funds

Proprietary Fund Financial Statements

Narrative
Statement of Net Assets - Proprietary Funds
Statement of Revenues, Expenses and Changes in Fund Net Assets - Proprietary Funds
Statement of Cash Flows - Proprietary Funds

Fiduciary Fund Financial Statements

Narrative
Statement of Fiduciary Net Assets - Fiduciary Funds
Statement of Changes in Fiduciary Net Assets - Fiduciary Funds

Component Units Financial Statements

Narrative
Combining Statement of Net Assets - Component Units
Statement of Activities - Component Units

Notes to the Financial Statements

Summary of Significant Accounting Policies
Budgetary Basis vs. GAAP Basis of Accounting
Nonmajor Fund Deficits
Cash Deposits and Investments
Receivables
Taxes Receivable
Loans Receivable
Restricted Assets
Accounts Payable & Accrued Liabilities
Capital Assets
State Retirement Systems
Other Retirement Systems Administered by the State of Connecticut
Pension Trust Funds Financial Statements
Postemployment Benefits
Capital and Operating Leases
Long-Term Debt
Long-Term Notes and Bonded Debt
Risk Management
Interfund Receivables and Payables
Interfund Transfer
Restatement of Net Assets/Fund Balances
Related Organizations
Contingent Liabilities
Special and Extraordinary Items
Subsequent Events

Required PERS Supplementary Information

Schedules of Funding Progress
Schedules of Employer Contributions