State of Connecticut

Notes to the Financial Statements

June 30, 2010

Note 9 Current Liabilities

a. Accounts Payable and Accrued Liabilities

As of June 30, 2010, accounts payable and accrued liabilities consisted of the following (amounts in thousands):

Vendors Salaries and
 Benefits
Interest Other Total Payables
 & Accrued
Liabilities
Governmental Activities:  
General $121,988 $250,302 $- $- $372,290
Transportation 15,376 13,767 - - 29,143
Other Governmental 202,001 23,645 - 16,126 241,772
Internal Service 2,325 2,374 - 1,153 5,852
Reconciling amount from fund financial statements to government-wide financial statements - - 157,020 5,742 162,762
Total-Governmental Activities $341,690 $290,088 $157,020 $23,021 $811,819
Business-Type Activities:  
UConn/Health Center $30,448 $79,275 $- $28,127 $137,850
State Universities 9,993 40,909 1,917 - 52,819
Other Proprietary 20,162 31,011 19,055 30,901 101,129
Total-Business-Type Activities $60,603 $151,195 $20,972 $59,028 $291,798
Component Units:  
CHFA $- $- $22,617 $11,265 $33,882
Other Component Units 2,739 - 1,478 26,278 30,495
Total-Component Units $2,739 $- $24,095 $37,543 $64,377

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, 2010 was as follows (amounts in thousands):

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