State of Connecticut


Statement of Activities
For the Fiscal Year Ended June 30, 2010
(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 $105,870 $2,782 $30 $ - $(103,058) $ - $(103,058) $ -
General Government 1,565,653 515,852 41,717 - (1,008,084) - (1,008,084) -
Regulation and Protection 796,124 599,743 185,083 - (11,298) - (11,298) -
Conservation and Development 565,836 138,250 97,709 - (329,877) - (329,877) -
Health and Hospitals 2,443,119 65,592 189,708 - (2,187,819) - (2,187,819) -
Transportation 1,742,009 37,037 - 765,837 (939,135) - (939,135) -
Human Services 6,829,916 25,075 4,586,457 - (2,218,384) - (2,218,384) -
Education, Libraries, and Museums 4,920,983 13,002 881,162 - (4,026,819) - (4,026,819) -
Corrections 2,082,743 6,596 122,951 - (1,953,196) - (1,953,196) -
Judicial 828,128 118,446 8,269 - (701,413) - (701,413) -
Interest and Fiscal Charges 792,950 - - - (792,950) - (792,950) -
Total Governmental Activities 22,673,331 1,522,375 6,113,086 765,837 (14,272,033) - (14,272,033) -
Business-Type Activities:                
University of Connecticut & Health Center 1,703,104 921,293 210,998 2,396 - (568,417) (568,417) -
State Universities 649,630 352,525 60,494 4,990 - (231,621) (231,621) -
Bradley International Airport 69,471 55,303 - 10,150 - (4,018) (4,018) -
Connecticut Lottery Corporation 723,572 997,023 - - - 273,451 273,451 -
Employment Security 2,700,797 718,128 1,480,063 - - (502,606) (502,606) -
Clean Water 52,761 21,782 25,975 - - (5,004) (5,004) -
Other 526,974 157,094 107,585 - - (262,295) (262,295) -
Total Business-Type Activities 6,426,309 3,223,148 1,885,115 17,536 - (1,300,510) (1,300,510) -
Total Primary Government $29,099,640 $4,745,523 $7,998,201 $783,373 (14,272,033) (1,300,510) (15,572,543) -
Component Units                
Connecticut Housing Finance Authority (12-31-09) $238,891 $179,067 $ - $ - - - - (59,824)
Connecticut Health and Educational Facilities Authority 3,968 6,337 - - - - - 2,369
Other 251,036 189,719 6,185 1,309 - - - (53,823)
Total Component Units $493,895 $375,123 $6,185 $1,309 - - - (111,278)

 

Net (Expense) Revenue and Changes in Net Assets
Primary Government
Govern-
mental
Activities
Business-
Type
Activities
Total Component
Units
General Revenues:        
Taxes:        
Personal Income 5,773,609 - 5,773,609 -
Corporate Income 465,980 - 465,980 -
Sales and Use 3,150,203 - 3,150,203 -
Other 1,455,628 - 1,455,628 -
Restricted for Transportation Purposes:        
Motor Fuel 494,222 - 494,222 -
Other 209,684 - 209,684 -
Casino Gaming Payments 384,248 - 384,248 -
Tobacco Settlement 128,977 - 128,977 -
Unrestricted Investment Earnings 27,681 40,339 68,020 77,234
Contributions to Endowments - - - 27,581
Special Item-Deficit Reduction Transfers 21,000 (21,000) - -
Transfers-Internal Activities (1,061,862) 1,061,862 - -
Total General Revenues, Contributions,        
Special Item, and Transfers 11,049,370 1,081,201 12,130,571 104,815
Change in Net Assets (3,222,663) (219,309) (3,441,972) (6,463)
Net Assets (Deficit)- Beginning (as restated) (10,450,382) 4,503,952 (5,946,430) 1,804,831
Net Assets (Deficit)- Ending $(13,673,045) $4,284,643 $(9,388,402) $1,798,368

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