State of Connecticut

Notes to the Financial Statements

June 30, 2009

Note 9 Current Liabilities

a. Accounts Payable and Accrued Liabilities

As of June 30, 2009, accounts payable and accrued liabilities consisted of the following (amounts in thousands):

Total Payables
Salaries and & Accrued
Vendors Benefits Interest Other Liabilities
Governmental Activities:
General $ 41,767 $ 242,497 $ - $ - $ 284,264
Transportation 11,900 13,169 - - 25,069
Other Governmental 187,091 24,642 - 2,731 214,464
Internal Service 2,545 2,167 - 14,269 18,981
Reconciling amount from fund
financial statements to
government-wide financial
statements - - 143,345 5,848 149,193
Total-Governmental Activities $ 243,303 $ 282,475 $ 143,345 $ 22,848 $ 691,971
Business-Type Activities:
UConn/Health Center $ 28,769 $ 79,464 $ - $ 24,155 $ 132,388
State Universities 14,029 42,294 2,029 - 58,352
Other Proprietary 22,991 31,936 19,238 24,269 98,434
Total-Business-Type Activities $ 65,789 $ 153,694 $ 21,267 $ 48,424 $ 289,174

b. Notes Payable

Notes payable consist of the short-term portion of Bond Anticipation Notes as described in Note 18. The activity for the notes for the year ended June 30, 2009 was as follows (amounts in thousands):

Beginning Ending
Balance Additions Reductions Balance
Bond Anticipation Notes $ - $ 353,085 $ - $ 353,085