Notes to the Financial Statements

June 30, 2012

Note 6 Taxes Receivable

Taxes receivable consisted of the following as of June 30, 2012 (amounts in thousands):

Governmental Activities
General Transportation
Fund Fund Total
Sales and Use $643,517 $- $643,517
Income Taxes 437,707 - 437,707
Corporations 49,878 - 49,878
Gasoline and Special Fuel - 44,215 44,215
Various Other 377,395 - 377,395
Total Taxes Receivable 1,508,497 44,215 1,552,712
Allowance for Uncollectibles (167,974) (184) (168,158)
Taxes Receivable, Net $1,340,523 $44,031 $1,384,554