State of Connecticut

Notes to the Financial Statements

Note 21 Interfund Transfer

Interfund transfers for the fiscal year ended June 30, 2008, consisted of the following (amounts in thousands):

Amount transferred to fund(s)
Debt Restricted Other State Other
General Service Transportation Grants & Accounts Governmental UConn Universities Proprietary Fiduciary Total
Amount transferred from fund(s)
General $ - $ - $ 16,680 $ 130,924 $ 63,800 $ 518,919 $ 241,293 $ 235,399 $ - $ 1,207,015
Debt Service 178 - 25,261 - - - - - - 25,439
Transportation - 417,172 - 20,800 9,500 - - - - 447,472
Restricted Grants & Accounts 3,053 - - - - - - - - 3,053
Other Governmental 119,120 - - 52,616 50,669 8,955 24,839 51,522 2,789 310,510
Connecticut Lottery 283,000 - - - - - - - - 283,000
Employment Security - - - - 18,671 - - - - 18,671
Other Proprietary - - - - - - - 9,448 - 9,448
Total $ 405,351 $ 417,172 $ 41,941 $ 204,340 $ 142,640 $ 527,874 $ 266,132 $ 296,369 $ 2,789 $ 2,304,608

Transfers were made to (1) move revenues from the fund that budget or statute requires to collect them to the fund that budget or statute requires to expend them and (2) move receipts restricted to debt service from the funds collecting the receipts to the debt service fund as debt service payments become due.