Statement of Activities
For the Fiscal Year Ended June 30, 2014
(Expressed in Thousands) Program Revenues Net (Expense)Revenue
and Changes in
Net Assets
Primary Government
Functions/Programs Expenses Charges
for
Service,
Fees,
Fines, and
Other
Operating
Grants
and
Contrib-
utions
Capital
Grants
and
Contrib-
utions
Govern-
mental
Activities
Business-
Type
Activities
Total Component
Units
Functions/Programs
Primary Government
Governmental Activities:
Legislative $122,679 $2,871 $- $- $(119,808) $- $(119,808) $-
General Government 2,060,294 580,626 62,394 - (1,417,274) - (1,417,274) -
Regulation and Protection 905,310 677,266 234,657 - 6,613 - 6,613 -
Conservation and Development 997,092 62,794 162,277 - (772,021) - (772,021) -
Health and Hospitals 2,623,687 100,198 179,042 - (2,344,447) - (2,344,447) -
Transportation 1,985,288 68,373 - 610,274 (1,306,641) - (1,306,641) -
Human Services 8,272,895 68,817 5,260,417 - (2,943,661) - (2,943,661) -
Education, Libraries, and Museums 4,760,340 18,735 468,520 - (4,273,085) - (4,273,085) -
Corrections 2,142,788 11,061 120,974 - (2,010,753) - (2,010,753) -
Judicial 1,004,610 135,406 8,344 - (860,860) - (860,860) -
Interest and Fiscal Charges 922,110 53 - - (922,057) - (922,057) -
Total Governmental Activities 25,797,093 1,726,200 6,496,625 610,274 (16,963,994) - (16,963,994) -
Business-Type Activities:
University of Connecticut & Health Center 2,050,529 1,133,541 218,424 21,643 - (676,921) (676,921) -
State Universities 716,459 375,606 60,184 6,164 - (274,505) (274,505) -
Connecticut Community Colleges 514,565 106,767 107,819 - - (299,979) (299,979) -
Employment Security 1,059,631 836,492 347,233 - - 124,094 124,094 -
Clean Water 39,841 26,829 20,002 - - 6,990 6,990 -
Other 72,674 67,605 26,475 - - 21,406 21,406 -
Total Business-Type Activities 4,453,699 2,546,840 780,137 27,807 - (1,098,915) (1,098,915) -
Total Primary Government $30,250,792 $4,273,040 $7,276,762 $638,081 (16,963,994) (1,098,915) (18,062,909) -
Component Units
Connecticut Housing Finance Authority (12-31-13) $216,325 $180,738 $- $- - - - (35,587)
Connecticut Lottery Corporation 1,112,427 1,112,463 - - - - - 36
Connecticut Airport Authority 74,375 76,032 68,870 - - - 70,527
Other 404,792 380,716 11,601 35,802 - - - 23,327
Total Component Units $1,807,919 $1,749,949 $11,601 $104,672 - - - 58,303
General Revenues:
Taxes:
Personal Income 7,752,553 - 7,752,553 -
Corporate Income 627,100 - 627,100 -
Sales and Use 4,116,012 - 4,116,012 -
Other 1,796,678 - 1,796,678 -
Restricted for Transportation Purposes:
Motor Fuel 882,107 - 882,107 -
Other 82,216 - 82,216 -
Casino Gaming Payments 279,873 - 279,873 -
Tobacco Settlement 197,138 - 197,138 -
Lottery Tickets 319,500 - 319,500 -
Unrestricted Investment Earnings 27,313 12,948 40,261 47,414
Contributions to Endowments - - - 33,369
Special Item 31,000 31,000 (31,000)
Transfers-Internal Activities (1,547,952) 1,547,952 - -
Total General Revenues, Contributions,
and Transfers 14,563,538 1,560,900 16,124,438 49,783
Change in Net Position (2,400,456) 461,985 (1,938,471) 108,086
Net Position (Deficit)- Beginning (as restated) (15,091,976) 4,318,869 (10,773,107) 2,298,381
Net Position (Deficit)- Ending $(17,492,432) $4,780,854 $(12,711,578) $2,406,467

The accompanying notes are an integral part of the financial statements.