State of Connecticut


Statement of Activities
For the Fiscal Year Ended June 30, 2011
(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 $99,542 $2,677 $169 $- $(96,696) $- $(96,696) $-
General Government 1,508,994 498,045 117,937 - (893,012) - (893,012) -
Regulation and Protection 780,363 595,692 221,250 - 36,579 - 36,579 -
Conservation and Development 529,292 169,483 91,957 - (267,852) - (267,852) -
Health and Hospitals 2,300,369 73,980 178,263 - (2,048,126) - (2,048,126) -
Transportation 1,637,847 55,552 - 725,080 (857,215) - (857,215) -
Human Services 6,675,895 77,153 4,800,112 - (1,798,630) - (1,798,630) -
Education, Libraries, and Museums 4,463,129 32,822 814,611 - (3,615,696) - (3,615,696) -
Corrections 1,932,375 9,439 115,291 - (1,807,645) - (1,807,645) -
Judicial 828,124 132,468 10,477 - (685,179) - (685,179) -
Interest and Fiscal Charges 873,847 - - - (873,847) - (873,847) -
Total Governmental Activities 21,629,777 1,647,311 6,350,067 725,080 (12,907,319) - (12,907,319) -
Business-Type Activities:                
University of Connecticut & Health Center 1,806,815 982,949 222,290 1,989 - (599,587) (599,587) -
State Universities 651,513 366,009 64,950 17,263 - (203,291) (203,291) -
Bradley International Airport 68,415 63,076 - 6,001 - 662 662 -
Connecticut Lottery Corporation 738,397 1,016,697 - - - 278,300 278,300 -
Employment Security 2,306,715 809,364 1,367,271 - - (130,080) (130,080) -
Clean Water 45,473 20,460 23,838 - - (1,175) (1,175) -
Other 542,184 157,323 111,348 14,846 - (258,667) (258,667) -
Total Business-Type Activities 6,159,512 3,415,878 1,789,697 40,099 - (913,838) (913,838) -
Total Primary Government $27,789,289 $5,063,189 $8,139,764 $765,179 (12,907,319) (913,838) (13,821,157) -
Component Units                
Connecticut Housing Finance Authority (12-31-10) $243,109 $194,748 $- $- - - - (48,361)
Connecticut Health and Educational Facilities Authority 7,870 6,788 - - - - - (1,082)
Other 262,950 176,850 11,286 885 - - - (73,929)
Total Component Units $513,929 $378,386 $11,286 $885 - - - (123,372)

 

Net (Expense) Revenue and Changes in Net Assets
Primary Government
Govern-
mental
Activities
Business-
Type
Activities
Total Component
Units
General Revenues:        
Taxes:        
Personal Income 6,327,263 - 6,327,263 -
Corporate Income 726,090 - 726,090 -
Sales and Use 3,365,250 - 3,365,250 -
Other 1,655,594   1,655,594 -
Restricted for Transportation Purposes:        
Motor Fuel 477,411 - 477,411 -
Other 237,242 - 237,242 -
Casino Gaming Payments 359,582 - 359,582 -
Tobacco Settlement 121,422 - 121,422 -
Unrestricted Investment Earnings 18,434 31,580 50,014 117,450
Contributions to Endowments - - - 30,299
Transfers-Internal Activities (790,851) 790,851 - -
Total General Revenues, Contributions,        
and Transfers 12,497,437 822,431 13,319,868 147,749
Change in Net Assets (409,882) (91,407) (501,289) 24,377
Net Assets (Deficit)- Beginning (as restated) (13,639,828) 4,284,643 (9,355,185) 1,798,368
Net Assets (Deficit)- Ending $(14,049,710) $4,193,236 $(9,856,474) $1,822,745

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