ACCOUNTING BASIS OF THE REPORT
This report has been prepared on a modified cash basis of accounting, consistent with the prior fiscal year.
Expenditures are charged against appropriations of the year in which they are paid.
Revenues are recognized when received except, in the General and Transportation Funds, for certain accrued taxes and Indian gaming payments and for Federal and other restricted grant revenues which are recognized when earned. The amount of accrued taxes and Indian gaming payments recorded at June 30, 2011, and June 30, 2010, are as follows:
|Fiscal Year Ended June 30,|
|Sales and Use||333,093||322,518|
|Public Service Corporations||64,302||65,147|
|Nursing Home Provider||28,182||28,105|
|Real Estate Conveyance||16,013||14,616|
|Rent, Fines, and Escheats||11,282||-|
|Indian Gaming Payments||28,821||28,975|
|Total General Fund||1,106,070||1,052,143|
|Special Motor Fuel||9,685||9,840|
|Motor Carrier Road||1,712
|Total Transportation Fund||42,818