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.