State of Connecticut

Statement of Revenues, Expenditures, and Changes in Fund Balances
Budget and Actual - Non-GAAP Budgetary Basis
General and Transportation Funds

For the Fiscal Year Ended June 30, 2011
(Expressed in Thousands)

General Fund Transportation Fund
Variance
with
Variance
with
Budget Final
Budget
Budget Final
Budget
Revenues Original Final Actual positive
(negative)
Original Final Actual positive
(negative)
Revenues                
Budgeted:                
Taxes, Net of Refunds $10,921,670 $11,976,000 $12,049,467 $73,467 $713,400 $713,700 $713,999 $299
Operating Transfers In 397,400 388,500 388,412 (88) 107,600 107,600 107,550 (50)
Casino Gaming Payments 365,800 359,600 359,581 (19) - - - -
Licenses, Permits, and Fees 235,400 250,400 250,442 42 362,500 361,100 355,597 (5,503)
Other 307,300 392,400 372,034 (20,366) 15,000 5,500 5,506 6
Federal Grants 4,256,000 4,214,000 4,235,178 21,178 5,800 9,300 9,360 60
Refunds of Payments (900) (1,900) (1,875) 25 (2,500) (3,000) (3,005) (5)
Operating Transfers Out (61,800) (61,800) (61,800) - (6,500) (6,500) (6,500) -
Transfer to the Resources of the General Fund 1,246,500 565,700 116,015 (449,685) - - - -
Transfer Out - Transportation Strategy Board - - - - (15,300) (15,300) (15,300) -
Total Revenues 17,667,370 18,082,900 17,707,454 (375,446) 1,180,000 1,172,400 1,167,207 (5,193)
Expenditures                
Budgeted:                
Legislative 80,543 80,543 66,109 14,434 - - - -
General Government 509,154 518,598 476,090 42,508 2,717 2,717 1,078 1,639
Regulation and Protection 277,931 292,614 261,670 30,944 67,795 67,795 54,500 13,295
Conservation and Development 133,030 133,398 123,919 9,479 - - - -
Health and Hospitals 1,725,236 1,790,004 1,715,670 74,334 - - - -
Transportation 609 609 - 609 531,390 544,575 532,631 11,944
Human Services 5,205,006 5,483,807 5,387,535 96,272 - - - -
Education, Libraries, and Museums 4,084,068 4,084,412 4,060,466 23,946 - - - -
Corrections 1,503,312 1,542,853 1,484,460 58,393 - - - -
Judicial 552,508 567,008 559,912 7,096 - - - -
Non Functional 4,013,592 3,981,566 3,709,293 272,273 627,958 614,773 578,421 36,352
Total Expenditures 18,084,989 18,475,412 17,845,124 630,288 1,229,860 1,229,860 1,166,630 63,230
Appropriations Lapsed 296,344 426,300 - (426,300) 11,000 22,800 - (22,800)
Excess (Deficiency) of Revenues                
Over Expenditures (121,275) 33,788 (137,670) (171,458) (38,860) (34,660) 577 35,237
Other Financing Sources (Uses)                
Prior Year Appropriations Carried Forward 121,475 121,475 121,475 - 41,977 41,977 41,977 -
Appropriations Continued to Fiscal Year 2012 - - (200,985) (200,985) - - (40,553) (40,553)
Transfer of 2010 Fiscal Year Surplus - - 449,869 449,869        
Miscellaneous Adjustments - 4,233 4,234 1 - - - -
Total Other Financing Sources (Uses) 121,475 125,708 374,593 248,885 41,977 41,977 1,424 (40,553)
Net Change in Fund Balance $200 $159,496 236,923 $77,427 $3,117 $7,317 2,001 $(5,316)
Budgetary Fund Balances - July 1     572,182       147,341  
Changes in Reserves     (366,964)       (1,423)  
Budgetary Fund Balances - June 30     $442,141       $147,919  
                 
                 
                 
The accompanying notes are an integral part of the financial statements.                
                 
                 
                 
                 
                 
                 
                 
                 
                 
                 
                 
                 

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