State of Connecticut

Notes to the Financial Statements

June 30, 2010

Note 6 Taxes Receivable

Taxes receivable consisted of the following as of June 30, 2010 (amounts in thousands):

Governmental Activities
General Transportation
Fund Fund Total
Sales and Use $541,466 $- $541,466
Income Taxes 367,087 - 367,087
Corporations 39,522 - 39,522
Gasoline and Special Fuel - 43,091 43,091
Various Other 221,771 - 221,771
Total Taxes Receivable 1,169,846 43,091 1,212,937
Allowance for Uncollectibles (190,630) - (190,630)
Taxes Receivable, Net $979,216 $43,091 $1,022,307