Changes in Net Assets
Last Ten Fiscal Years
(Expressed in Thousands)
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Expenses
Governmental Activities:
Legislative $80,176 $89,532 $91,037 $96,622 $97,492 $111,910 $101,695 $105,870 $99,542 $113,982
General Government 1,145,613 1,100,700 1,288,231 1,352,908 1,731,215 1,737,917 1,752,751 1,565,653 1,508,994 1,987,920
Regulation and Protection 574,674 590,377 633,466 712,061 702,467 788,419 768,272 796,124 780,363 853,458
Conservation and Development 410,167 448,077 424,125 396,296 429,057 473,797 562,507 565,836 529,292 692,719
Health and Hospital 1,711,076 1,683,465 1,801,346 1,922,583 2,003,994 2,298,272 2,278,059 2,443,119 2,300,369 2,475,759
Transportation 941,257 1,153,888 1,183,961 1,090,504 1,150,770 1,482,250 1,570,324 1,742,009 1,637,847 1,845,656
Human Services 4,138,932 4,630,154 4,535,915 4,941,454 4,828,418 5,743,810 6,208,275 6,829,916 6,675,895 7,223,118
Education, Libraries, and Museums 3,090,630 3,174,305 3,408,288 3,888,711 4,008,903 4,749,284 4,591,672 4,920,983 4,463,129 4,495,905
Corrections 1,450,392 1,579,043 1,675,965 1,768,368 1,836,147 2,085,053 2,071,331 2,082,743 1,932,375 2,061,176
Judicial 555,791 546,163 649,666 654,894 694,442 806,309 793,580 828,128 828,124 910,362
Interest and Fiscal Charges 595,949 577,448 612,115 619,730 635,113 733,791 810,403 792,950 873,847 816,508
Total Governmental Activities Expenses 14,694,657 15,573,152 16,304,115 17,444,131 18,118,018 21,010,812 21,508,869 22,673,331 21,629,777 23,476,563
Business-Type Activities:
Higher Education 1,977,886 - - - - - - - - -
University of Connecticut and Health Center - 1,254,402 1,386,327 1,464,055 1,519,026 1,626,532 1,725,343 1,703,104 1,806,815 1,801,687
State Universities - 469,712 506,993 536,026 571,006 610,851 639,397 649,630 651,513 652,092
Bradley International Airport 54,323 59,338 61,559 62,625 67,244 67,635 67,995 69,471 68,415 64,170
CT Lottery Corporation 643,214 656,716 691,163 709,591 698,628 731,851 723,249 723,572 738,397 781,303
Employment Security 963,201 811,483 580,549 572,602 585,803 631,935 1,573,806 2,700,797 2,306,715 1,823,464
Second Injury and Compensation Assurance - - - - - - - - - -
Clean Water 29,435 24,759 27,740 26,076 30,183 27,181 30,723 52,761 45,473 53,330
Other 72,633 361,367 405,423 419,074 432,129 476,040 511,542 526,974 542,184 535,646
Total Business-Type Activities Expenses 3,740,692 3,637,777 3,659,754 3,790,049 3,904,019 4,172,025 5,272,055 6,426,309 6,159,512 5,711,692
Total Primary Government Expenses $18,435,349 $19,210,929 $19,963,869 $21,234,180 $22,022,037 $25,182,837 $26,780,924 $29,099,640 $27,789,289 $29,188,255
Program Revenues
Governmental Activities:
Charges for Services, Fees, Fines, and Forfeitures $1,072,932 $1,253,672 $1,316,668 $1,379,061 $1,317,480 $1,447,573 $1,490,271 $1,522,375 $1,647,311 $1,952,042
Operating Grants and Contributions 3,489,213 3,850,132 3,809,577 4,034,673 3,974,468 4,271,504 5,552,688 6,113,086 6,350,067 5,770,935
Capital Grants and Contributions 562,613 543,805 335,256 541,875 411,516 442,310 646,416 765,837 725,080 716,056
Total Governmental Activities Program Revenues 5,124,758 5,647,609 5,461,501 5,955,609 5,703,464 6,161,387 7,689,375 8,401,298 8,722,458 8,439,033
Business-Type Activities:
Charges for Services, Fees, Fines, and Forfeitures 2,594,766 2,935,955 2,863,023 2,900,105 2,919,722 2,999,934 3,107,849 3,223,148 3,415,878 3,617,814
Operating Grants and Contributions 456,239 227,674 262,015 277,357 296,851 322,936 907,050 1,885,115 1,789,697 1,412,355
Capital Grants and Contributions 10,195 9,339 86,684 80,082 13,735 35,922 63,757 17,536 40,099 18,089
Total Business-Type Activities Program Revenues 3,061,200 3,172,968 3,211,722 3,257,544 3,230,308 3,358,792 4,078,656 5,125,799 5,245,674 5,048,258
Total Primary Government Program Revenues $8,185,958 $8,820,577 $8,673,223 $9,213,153 $8,933,772 $9,520,179 $11,768,031 $13,527,097 $13,968,132 $13,487,291
Net (Expense)/Revenue
Governmental Activities $(9,569,899) $(9,925,543) $(10,842,614) $(11,488,522) $(12,414,554) $(14,849,425) $(13,819,494) $(14,272,033) $(12,907,319) $(15,037,530)
Business-Type Activities (679,492) (464,809) (448,032) (532,505) (673,711) (813,233) (1,193,399) (1,300,510) (913,838) (663,434)
Total Primary Government Net Expense $(10,249,391) $(10,390,352) $(11,290,646) $(12,021,027) $(13,088,265) $(15,662,658) $(15,012,893) $(15,572,543) $(13,821,157) $(15,700,964)
General Revenues and Other Changes in Net Assets
Governmental Activities:
Taxes:
Personal Income $3,593,080 $4,392,403 $4,983,163 $5,625,882 $6,270,806 $6,588,233 $5,657,309 $5,773,609 $6,327,263 $7,360,165
Corporate Income 390,012 473,505 538,834 655,607 831,688 548,539 437,444 465,980 726,090 601,509
Sales and Use 2,938,341 3,061,423 3,278,902 3,382,118 3,509,164 3,537,911 3,301,096 3,150,203 3,365,250 3,880,607
Other 1,208,083 1,274,149 1,487,321 1,608,235 1,513,855 1,544,801 1,407,084 1,455,628 1,655,594 1,953,170
Restricted for Transportation Purposes:
Motor Fuel 450,696 470,001 482,476 515,013 609,427 487,568 492,566 494,222 477,411 713,477
Other 64,524 70,411 69,720 68,418 67,888 192,663 196,034 209,684 237,242 76,618
Casino Gaming Payments 387,255 402,733 417,838 427,527 430,476 411,411 377,805 384,248 359,582 344,645
Tobacco Settlement 137,915 116,578 118,321 108,619 113,691 141,348 153,819 128,977 121,422 123,799
Unrestricted Investment Earnings 54,741 18,350 69,332 104,911 165,472 131,915 42,493 27,681 18,434 15,955
Other 15,855 - - - - - - - - -
Special Items:
Statutory Payment from Component Units 100,000 17,500 15,000 - - - 13,150 - - -
Other 127,256 (174,760) (165,412) - - - - 21,000 - -
Transfers-Internal Activities (640,268) (417,062) (692,499) (711,657) (865,548) (779,256) (873,590) (1,061,862) (790,851) (917,570)
Total Governmental Activities 8,827,490 9,705,231 10,602,996 11,784,673 12,646,919 12,805,133 11,205,210 11,049,370 12,497,437 14,152,375
Business-Type Activities
Unrestricted Investment Earnings 111,336 90,486 93,879 113,387 129,317 117,360 75,933 40,339 31,580 27,679
Special Items:
Loss on Disposal of Capital Assets - (4,190) - - - - - - - -
Other (2,455) - - - - - - (21,000) - -
Extraordinary Item-Loss on Early Retirement of Debt (4,010) (1,983) - - - - - - - -
Debt Reduction Transfer - - - - - - 85,000 - - -
Transfers-Internal Activities 640,268 417,062 498,499 711,657 865,548 779,256 873,590 1,061,862 790,851 917,570
Total Business-Type Activities 745,139 501,375 592,378 825,044 994,865 896,616 1,034,523 1,081,201 822,431 945,249
Total Primary Government $9,572,629 $10,206,606 $11,195,374 $12,609,717 $13,641,784 $13,701,749 $12,239,733 $12,130,571 $13,319,868 $15,097,624
Changes in Net Assets
Governmental Activities $(742,409) $(220,312) $(239,618) $296,151 $232,365 $(2,044,292) $(2,614,284) $(3,222,663) $(409,882) $(885,155)
Business-Type Activities 65,647 36,566 144,346 292,539 321,154 83,383 (158,876) (219,309) (91,407) 281,815
Total Primary Government $(676,762) $(183,746) $(95,272) $588,690 $553,519 $(1,960,909) $(2,773,160) $(3,441,972) $(501,289) $(603,340)
Other Changes in Net Assets
Governmental Activities:
Prior-Year Adjustments $12,384 $100,104 $289,253 $18,470 $- $- $(66,976) $(881,193) $33,217 $(95,999)
Fund Reclassification - 26,934 - - - - - - - -
Total Governmental Activities 12,384 127,038 289,253 18,470 - - (66,976) (881,193) 33,217 (95,999)
Business-Type Activities:
Prior-Year Adjustments 9,392 (9,750) - - (11,195) - (21,652) - - -
Fund Reclassification - (241,971) - - - - - - - -
Change in Reporting Period - - 194,336 - - - - - - -
Total Business-Type Activities 9,392 (251,721) 194,336 - (11,195) - (21,652) - - -
Total Primary Government $21,776 $(124,683) $483,589 $18,470 $(11,195) $- $(88,628) $(881,193) $33,217 $(95,999)

Notes:
In January 2003 there was an increase in the personal income tax rate of one half percent.
In fiscal year 2004 the Higher Education line was reclassified to display more details about these activities.
Other changes in net assets are direct adjustments to the beginning balance of net assets (See Note 21).