State of Connecticut

Notes to the Financial Statements

June 30, 2011

Note 5 Receivables-Current

As of June 30, 2011, current receivables consisted of the following (amounts in thousands): 

    Primary Government
  Governmental    Business-Type    Component
   Activities    Activities    Units
Taxes    $1,249,857    $-    $-
Accounts    1,079,334    592,719    23,784
Loans-Current Portion    -    267,043    22,896
Other Governments    750,242    13,138    -
Interest    193    12,918    1,156
Other (1)    195    -    -
Total Receivables    3,079,821    885,818    47,836
Allowance for Uncollectibles    (949,526)    (89,797)    (2,442)
Receivables, Net    $2,130,295    $796,021    $45,394

(1) Includes a reconciling amount of $192 from fund financial statements to government-wide financial statements.