Notes to the Financial Statements
June 30, 2011
Note 6 Taxes Receivable
Taxes receivable consisted of the following as of June 30, 2011 (amounts in thousands):
Governmental Activities | |||
---|---|---|---|
General | Transportation | ||
Fund | Fund | Total | |
Sales and Use | $526,930 | $- | $526,930 |
Income Taxes | 249,252 | - | 249,252 |
Corporations | 100,078 | - | 100,078 |
Gasoline and Special Fuel | 42,600 | 42,600 | |
Various Other | 330,997 | - | 330,997 |
Total Taxes Receivable | 1,207,257 | 42,600 | 1,249,857 |
Allowance for Uncollectibles | (196,157) | (143) | (196,300) |
Taxes Receivable, Net | $1,011,100 | $42,457 | $1,053,557 |