| Statement of Activities | ||||||||
| For the Fiscal Year Ended June 30, 2008 | ||||||||
| (Expressed in Thousands) | Program Revenues |
Net (Expense)Revenue and Changes in Net Assets |
||||||
|---|---|---|---|---|---|---|---|---|
| Primary Government | ||||||||
| Functions/Programs | Expenses |
Charges for Service, Fees, Fines, and Other |
Operating Grants and Contrib- utions |
Capital Grants and Contrib- utions |
Govern- mental Activities |
Business- Type Activities |
Total |
Component Units |
| Primary Government | ||||||||
| Governmental Activities: | ||||||||
| Legislative | $111,910 | $2,942 | $23 | $- | $(108,945) | $- | $(108,945) | $- |
| General Government | 1,737,917 | 382,296 | 6,288 | - | (1,349,333) | - | (1,349,333) | - |
| Regulation and Protection | 788,419 | 532,116 | 144,172 | - | (112,131) | - | (112,131) | - |
| Conservation and Development | 473,797 | 128,284 | 64,475 | - | (281,038) | - | (281,038) | - |
| Health and Hospitals | 2,298,272 | 75,240 | 172,210 | - | (2,050,822) | - | (2,050,822) | - |
| Transportation | 1,482,250 | 82,824 | - | 442,310 | (957,116) | - | (957,116) | - |
| Human Services | 5,743,810 | 83,561 | 3,308,219 | - | (2,352,030) | - | (2,352,030) | - |
| Education, Libraries, and Museums | 4,749,284 | 47,071 | 448,135 | - | (4,254,078) | - | (4,254,078) | - |
| Corrections | 2,085,053 | 9,049 | 121,117 | - | (1,954,887) | - | (1,954,887) | - |
| Judicial | 806,309 | 104,190 | 6,865 | - | (695,254) | - | (695,254) | - |
| Interest and Fiscal Charges | 733,791 | - | - | - | (733,791) | - | (733,791) | - |
| Total Governmental Activities | 21,010,812 | 1,447,573 | 4,271,504 | 442,310 | (14,849,425) | - | (14,849,425) | - |
| Business-Type Activities: | ||||||||
| University of Connecticut & Health Center | 1,626,532 | 853,586 | 179,199 | 6,803 | - | (586,944) | (586,944) | - |
| State Universities | 610,851 | 304,363 | 49,324 | 25,364 | - | (231,800) | (231,800) | - |
| Bradley International Airport | 67,635 | 57,801 | - | 3,755 | - | (6,079) | (6,079) | - |
| Connecticut Lottery Corporation | 731,851 | 998,361 | - | - | - | 266,510 | 266,510 | - |
| Employment Security | 631,935 | 573,524 | 14,874 | - | - | (43,537) | (43,537) | - |
| Clean Water | 27,181 | 16,398 | 10,737 | - | - | (46) | (46) | - |
| Other | 476,040 | 195,901 | 68,802 | - | - | (211,337) | (211,337) | - |
| Total Business-Type Activities | 4,172,025 | 2,999,934 | 322,936 | 35,922 | - | (813,233) | (813,233) | - |
| Total Primary Government | $25,182,837 | $4,447,507 | $4,594,440 | $478,232 | (14,849,425) | (813,233) | (15,662,658) | - |
| Component Units | ||||||||
| Connecticut Housing Finance Authority (12-31-07) | $203,835 | $183,901 | $- | $- | - | - | - | (19,934) |
| Connecticut Health and Educational Facilities Authority | 5,199 | 6,019 | - | - | - | - | - | 820 |
| Other | 276,696 | 221,288 | 7,900 | 7,780 | - | - | - | (39,728) |
| Total Component Units | $485,730 | $411,208 | $7,900 | $7,780 | - | - | - | (58,842) |
| Net (Expense) Revenue and Changes in Net Assets | ||||
|---|---|---|---|---|
| Primary Government | ||||
|
Govern- mental Activities |
Business- Type Activities |
Total |
Component Units |
|
| General Revenues: | ||||
| Taxes: | ||||
| Personal Income | 6,588,233 | - | 6,588,233 | - |
| Corporate Income | 548,539 | - | 548,539 | - |
| Sales and Use | 3,537,911 | - | 3,537,911 | - |
| Other | 1,544,801 | - | 1,544,801 | - |
| Restricted for Transportation Purposes: | ||||
| Motor Fuel | 487,568 | - | 487,568 | - |
| Other | 192,663 | - | 192,663 | - |
| Casino Gaming Payments | 411,411 | - | 411,411 | - |
| Tobacco Settlement | 141,348 | - | 141,348 | - |
| Unrestricted Investment Earnings | 131,915 | 117,360 | 249,275 | 73,603 |
| Contributions to Endowments | - | - | - | 38,162 |
| Transfers-Internal Activities | (779,256) | 779,256 | - | - |
| Total General Revenues, Contributions, | ||||
| and Transfers | 12,805,133 | 896,616 | 13,701,749 | 111,765 |
| Change in Net Assets | (2,044,292) | 83,383 | (1,960,909) | 52,923 |
| Net Assets (Deficit)- Beginning | (4,843,637) | 4,601,097 | (242,540) | 1,787,526 |
| Net Assets (Deficit)- Ending | $(6,887,929) | $4,684,480 | $(2,203,449) | $1,840,449 |
The accompanying notes are an integral part of the financial statements.