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, 2012
(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) |
| Budgeted: | ||||||||
| Taxes, Net of Refunds | $14,019,100 | $13,824,400 | $13,804,369 | $(20,031) | $798,600 | $788,300 | $789,306 | $1,006 |
| Casino Gaming Payments | 375,500 | 344,600 | 344,645 | 45 | - | - | - | - |
| Licenses, Permits, and Fees | 271,200 | 283,400 | 283,414 | 14 | 381,300 | 372,000 | 371,420 | (580) |
| Other | 329,700 | 350,700 | 351,360 | 660 | 12,500 | 2,000 | 2,208 | 208 |
| Federal Grants | 3,589,700 | 3,607,500 | 3,607,163 | (337) | 13,100 | 12,900 | 12,915 | 15 |
| Refunds of Payments | (38,300) | (83,500) | (85,376) | (1,876) | (3,100) | (3,000) | (2,979) | 21 |
| Operating Transfers In | 384,500 | 409,900 | 409,857 | 81,900 | 81,900 | 81,550 | (350) | |
| Operating Transfers Out | (61,800) | (61,800) | (61,800) | - | (6,500) | (6,500) | (6,500) | - |
| Transfer from the Resources of the General Fund | (81,000) | (81,000) | (91,999) | (10,999) | - | - | - | - |
| Transfer Out - Transportation Strategy Board | - | - | - | - | (15,300) | (15,300) | (15,000) | 300 |
| Total Revenues | 18,788,600 | 18,594,200 | 18,561,633 | (32,524) | 1,262,500 | 1,232,300 | 1,232,920 | 620 |
| Expenditures | ||||||||
| Budgeted: | ||||||||
| Legislative | 80,446 | 80,610 | 67,344 | 13,266 | - | - | - | - |
| General Government | 661,517 | 662,642 | 609,239 | 53,403 | 7,157 | 7,157 | 5,396 | 1,761 |
| Regulation and Protection | 284,489 | 287,908 | 262,898 | 25,010 | 69,965 | 69,965 | 54,028 | 15,937 |
| Conservation and Development | 152,430 | 152,810 | 137,294 | 15,516 | - | - | - | - |
| Health and Hospitals | 1,896,260 | 1,853,068 | 1,792,435 | 60,633 | - | - | - | - |
| Transportation | 609 | 609 | - | 609 | 613,147 | 613,147 | 551,211 | 61,936 |
| Human Services | 5,842,672 | 5,938,497 | 5,817,369 | 121,128 | 131 | 140 | 139 | 1 |
| Education, Libraries, and Museums | 4,329,820 | 4,333,551 | 4,235,428 | 98,123 | - | - | - | - |
| Corrections | 1,576,670 | 1,545,640 | 1,472,685 | 72,955 | - | - | - | - |
| Judicial | 576,941 | 579,284 | 545,650 | 33,634 | - | - | - | - |
| Non Functional | 4,284,777 | 4,258,046 | 3,841,292 | 416,754 | 665,622 | 665,613 | 582,634 | 82,979 |
| Total Expenditures | 19,686,631 | 19,692,665 | 18,781,634 | 911,031 | 1,356,022 | 1,356,022 | 1,193,408 | 162,614 |
| Appropriations Lapsed | 777,912 | 771,121 | - | (771,121) | 53,536 | 120,995 | - | (120,995) |
| Excess (Deficiency) of Revenues | - | |||||||
| Over Expenditures | (120,119) | (327,344) | (220,001) | 107,343 | (39,986) | (2,727) | 39,512 | 42,239 |
| Other Financing Sources (Uses) | ||||||||
| Prior Year Appropriations Carried Forward | 200,985 | 200,985 | 200,985 | - | 40,554 | 40,554 | 40,554 | - |
| Appropriations Continued to Fiscal Year 2013 | - | - | (130,351) | (130,351) | - | - | (41,615) | (41,615) |
| Release of 2011 Surplus Reserve | - | - | 143,517 | 143,517 | - | - | - | |
| Miscellaneous Adjustments | - | 5,850 | 5,850 | - | - | - | - | - |
| Total Other Financing Sources (Uses) | 200,985 | 206,835 | 220,001 | 13,166 | 40,554 | 40,554 | (1,061) | (41,615) |
| Net Change in Fund Balance | $80,866 | $(120,509) | - | $120,509 | $568 | $37,827 | 38,451 | $624 |
| Budgetary Fund Balances - July 1 | 442,141 | 147,919 | ||||||
| Changes in Reserves | (307,566) | 1,061 | ||||||
| Budgetary Fund Balances - June 30 | $134,575 | $187,431 | ||||||
The accompanying notes are an integral part of the financial statements.