Statement of Revenues, Expenses and | ||||
Changes in Fund Net Assets | ||||
Proprietary Funds | ||||
For the Fiscal Year Ended June 30, 2006 | ||||
(Expressed in Thousands) | ||||
Business-Type Activities Enterprise Funds |
||||
---|---|---|---|---|
University of Connecticut |
State Universities |
Bradley Inter national Airport |
Connecticut Lottery Corpor ation |
|
Operating Revenues | ||||
Charges for Sales and Services | $689,693 | $246,976 | $39,535 | $970,327 |
Assessments | - | - | - | - |
Federal Grants, Contracts and Other Aid | 146,526 | 29,530 | - | - |
State Grants, Contracts and Other Aid | 17,306 | 10,337 | ||
Private Gifts and Grants | 34,642 | 3,115 | - | - |
Interest on Loans | - | - | - | - |
Other | 53,930 | 14,374 | - | 236 |
Total Operating Revenues | 942,097 | 304,332 | 39,535 | 970,563 |
Operating Expenses | ||||
Salaries, Wages and Administrative | 1,230,130 | 474,854 | 33,871 | 92,904 |
Lottery Prize Awards | - | - | - | 587,388 |
Unemployment Compensation | - | - | - | - |
Claims Paid | - | - | - | - |
Depreciation and Amortization | 110,278 | 39,103 | 17,603 | 623 |
Other | 110,615 | 22,069 | - | 6,288 |
Total Operating Expenses | 1,451,023 | 536,026 | 51,474 | 687,203 |
Operating Income (Loss) | (508,926) | (231,694) | (11,939) | 283,360 |
Nonoperating Revenue (Expenses) | ||||
Interest and Investment Income | 15,031 | 12,504 | 6,547 | 23,834 |
Interest and Fiscal Charges | (13,032) | - | (11,151) | (22,388) |
Other | 22,203 | 3,063 | 14,658 | 5 |
Total Nonoperating Revenues (Expenses) | 24,202 | 15,567 | 10,054 | 1,451 |
Income (Loss) Before Capital Contributions, Grants, | ||||
and Transfers | (484,724) | (216,127) | (1,885) | 284,811 |
Capital Contributions | 9,966 | 68,077 | 2,039 | - |
Federal Capitalization Grants | - | - | - | - |
Transfers In | 496,727 | 229,901 | 9,064 | - |
Transfers Out | - | - | - | (284,865) |
Change in Net Assets | 21,969 | 81,851 | 9,218 | (54) |
Total Net Assets - Beginning | 1,618,209 | 609,160 | 228,381 | 3,231 |
Total Net Assets - Ending | $1,640,178 | $691,011 | $237,599 | $3,177 |
Business-Type Activities Enterprise Funds |
Governmental Activities |
||||
---|---|---|---|---|---|
Employment Security |
Clean Water |
Other Funds |
Totals | Internal Service Funds |
|
Operating Revenues | |||||
Charges for Sales and Services | $- | $- | $137,761 | $2,084,292 | $86,190 |
Assessments | 569,387 | - | 59,073 | 628,460 | - |
Federal Grants, Contracts and Other Aid | 6,189 | - | 31,391 | 213,636 | - |
State Grants, Contracts and Other Aid | 5,564 | 9,435 | 42,642 | - | |
Private Gifts and Grants | - | - | 990 | 38,747 | - |
Interest on Loans | - | 12,443 | 1,311 | 13,754 | - |
Other | 4,235 | - | 11,397 | 84,172 | 762 |
Total Operating Revenues | 585,375 | 12,443 | 251,358 | 3,105,703 | 86,952 |
Operating Expenses | |||||
Salaries, Wages and Administrative | - | 856 | 335,144 | 2,167,759 | 64,170 |
Lottery Prize Awards | - | - | - | 587,388 | - |
Unemployment Compensation | 572,602 | - | - | 572,602 | - |
Claims Paid | - | - | 38,752 | 38,752 | - |
Depreciation and Amortization | - | - | 15,546 | 183,153 | 18,911 |
Other | - | - | 15,437 | 154,409 | - |
Total Operating Expenses | 572,602 | 856 | 404,879 | 3,704,063 | 83,081 |
Operating Income (Loss) | 12,773 | 11,587 | (153,521) | (598,360) | 3,871 |
Nonoperating Revenue (Expenses) | |||||
Interest and Investment Income | 26,964 | 20,575 | 7,932 | 113,387 | 176 |
Interest and Fiscal Charges | - | (25,220) | (14,195) | (85,986) | (85) |
Other | - | 1,713 | 3,817 | 45,459 | - |
Total Nonoperating Revenues (Expenses) | 26,964 | (2,932) | (2,446) | 72,860 | 91 |
Income (Loss) Before Capital Contributions, Grants, | |||||
and Transfers | 39,737 | 8,655 | (155,967) | (525,500) | 3,962 |
Capital Contributions | - | - | - | 80,082 | - |
Federal Capitalization Grants | - | 19,764 | 6,536 | 26,300 | - |
Transfers In | - | 5,497 | 270,215 | 1,011,404 | - |
Transfers Out | (3,390) | (1,902) | (9,590) | (299,747) | - |
Change in Net Assets | 36,347 | 32,014 | 111,194 | 292,539 | 3,962 |
Total Net Assets - Beginning | 726,650 | 531,043 | 281,925 | 3,998,599 | (12,793) |
Total Net Assets - Ending | $762,997 | $563,057 | $393,119 | $4,291,138 | $(8,831) |
The accompanying notes are an integral part of the financial statements.