Reconciliation of Governmental Funds Balance Sheet
to the Statement of Net Position
June 30, 2014    
(Expressed in Thousands)    
Total Fund Balance - Governmental Funds $2,097,123
Net assets reported for governmental activities in the Statement of Net Position
are different because:
Capital assets used in governmental activities are not financial resources
and therefore are not reported in the funds. These assets consist of:
Buildings 4,005,719
Equipment 2,411,928
Infrastructure 13,824,648
Other Capital Assets 5,594,096
Accumulated Depreciation (13,347,668) 12,488,723
Some of the state's revenues will be collected after year-end but are not
available soon enough to pay for the current period's expenditures and
therefore are deferred inflows of resources in the governmental funds. 485,358
Internal service funds are used by management to charge the costs of
certain activities to individual funds. The assets and liabilities of the internal
service funds are included in governmental activities in the Statement of
Net Position. 50,686
Deferred outflows of resources for the amount on refunding of bonded debt are
not reported in the governmental funds. 90,523
Long-term liabilities are not due and payable in the current period and therefore
are not reported in the funds (Note 17).
Net Pension Obligation (2,681,248)
Net OPEB Obligation (7,763,060)
Worker's Compensation (619,578)
Capital Leases (37,820)
Compensated Absences (511,766)
Claims and Judgments (46,151)
Landfill Postclosure Care (35,751) (11,695,374)
Long-term bonded debt is not due and payable in the current period and
therefore is not reported in the funds. Unamortized premiums, loss on
refundings, and interest payable are not reported in the funds. However,
these amounts are included in the Statement of Net Position. This is the net
effect of these balances on the statement (Note 17).
Bonds and Notes Payable (19,633,614)
Unamortized Premiums (1,195,127)
Accrued Interest Payable (180,730) (21,009,471)
Net Position of Governmental Activities $(17,492,432)

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