State of Connecticut

Statement of Revenues, Expenditures and
Changes in Fund Balances
Governmental Funds
For the Fiscal Year Ended June 30, 2009
(Expressed in Thousands)
Restricted Total
Debt Grants & Other Governmental
General Service Transportation Accounts Funds Funds
Revenues            
Taxes $10,703,681 $- $688,213 $- $24,872 $11,416,766
Assessments - - - - 28,129 28,129
Licenses, Permits and Fees 160,935 - 297,292 7,450 81,194 546,871
Tobacco Settlement - - - - 153,819 153,819
Federal Grants and Aid 4,111,553 - - 1,831,921 74,186 6,017,660
Charges for Services 32,558 - 62,497 - 6,445 101,500
Fines, Forfeits and Rents - - 30,440 - 2,401 32,841
Casino Gaming Payments 377,805 - - - - 377,805
Investment Earnings 18,731 11,696 2,914 3,122 6,824 43,287
Miscellaneous 152,158 - 5,428 547,400 85,024 790,010
Total Revenues 15,557,421 11,696 1,086,784 2,389,893 462,894 19,508,688
Expenditures            
Current:            
Legislative 99,453 - - 2,635 - 102,088
General Government 1,223,277 - 2,193 285,698 196,141 1,707,309
Regulation and Protection 377,126 - 86,122 84,445 202,780 750,473
Conservation and Development 142,478 - - 107,273 261,136 510,887
Health and Hospitals 1,989,034 - - 216,938 16,525 2,222,497
Transportation - - 630,912 633,487 3,870 1,268,269
Human Services 5,589,908 - - 455,426 14,524 6,059,858
Education, Libraries, and Museums 3,233,199 - - 468,655 699,569 4,401,423
Corrections 1,978,251 - - 23,439 9,287 2,010,977
Judicial 745,375 - - 13,664 16,672 775,711
Capital Projects - - - - 438,724 438,724
Debt Service:            
Principal Retirement 886,789 278,770 723 - - 1,166,282
Interest and Fiscal Charges 571,936 178,937 10,068 148,308 9,384 918,633
Total Expenditures 16,836,826 457,707 730,018 2,439,968 1,868,612 22,333,131
Excess (Deficiency) of Revenues Over Expenditures (1,279,405) (446,011) 356,766 (50,075) (1,405,718) (2,824,443)
Other Financing Sources (Uses)            
Bonds Issued 55,585 - - - 1,808,015 1,863,600
Premiums on Bonds Issued 720 39,109 - - 70,731 110,560
Transfers In 624,864 423,049 25,459 91,098 159,295 1,323,765
Transfers Out (1,116,820) (16,942) (454,341) (79,061) (525,381) (2,192,545)
Refunding Bonds Issued - 586,940 - - - 586,940
Payment to Refunded Bond Escrow Agent - (590,397) - - - (590,397)
Special Item: Transfer from Component Unit 13,150 - - - - 13,150
Capital Lease Obligations - - - - - -
Total Other Financing Sources (Uses) (422,501) 441,759 (428,882) 12,037 1,512,660 1,115,073
Net Change in Fund Balances (1,701,906) (4,252) (72,116) (38,038) 106,942 (1,709,370)
Fund Balances - Beginning (as restated) 903,290 683,636 220,376 616,378 647,460 3,071,140
Changes in Reserves for Inventories (962) - 5,918 - - 4,956
Fund Balances - Ending $(799,578) $679,384 $154,178 $578,340 $754,402 $1,366,726

The accompanying notes are an integral part of the financial statements.