| Statement of Activities | ||||||||
| For the Fiscal Year Ended June 30, 2015 | ||||||||
| (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 |
| Governmental Activities: | ||||||||
| Legislative | $107,629 | $3,421 | $- | $- | $(104,208) | $- | $(104,208) | $- |
| General Government | 1,712,498 | 711,050 | 55,453 | - | (945,995) | - | (945,995) | - |
| Regulation and Protection | 1,028,126 | 643,620 | 166,585 | - | (217,921) | - | (217,921) | - |
| Conservation and Development | 921,859 | 96,616 | 157,295 | - | (667,948) | - | (667,948) | - |
| Health and Hospitals | 2,172,348 | 81,127 | 145,307 | - | (1,945,914) | - | (1,945,914) | - |
| Transportation | 1,761,500 | 53,719 | - | 717,358 | (990,423) | - | (990,423) | - |
| Human Services | 6,736,623 | 127,999 | 5,886,389 | - | (722,235) | - | (722,235) | - |
| Education, Libraries, and Museums | 4,396,212 | 39,951 | 535,993 | - | (3,820,268) | - | (3,820,268) | - |
| Corrections | 1,820,490 | 12,121 | 136,207 | - | (1,672,162) | - | (1,672,162) | - |
| Judicial | 873,879 | 132,633 | 12,645 | - | (728,601) | - | (728,601) | - |
| Interest and Fiscal Charges | 796,727 | - | - | - | (796,727) | - | (796,727) | - |
| Total Governmental Activities | 22,327,891 | 1,902,257 | 7,095,874 | 717,358 | (12,612,402) | - | (12,612,402) | - |
| Business-Type Activities: | ||||||||
| University of Connecticut & Health Center | 2,154,599 | 1,200,847 | 253,176 | 25,412 | - | (675,164) | (675,164) | - |
| State Universities | 781,238 | 379,797 | 64,847 | 7,395 | - | (329,199) | (329,199) | - |
| Connecticut Community Colleges | 538,036 | 102,444 | 111,951 | - | - | (323,641) | (323,641) | - |
| Employment Security | 750,573 | 821,694 | 218,384 | - | - | 289,505 | 289,505 | - |
| Clean Water | 35,125 | 25,960 | 15,125 | - | - | 5,960 | 5,960 | - |
| Other | 69,099 | 68,936 | 12,935 | - | - | 12,772 | 12,772 | - |
| Total Business-Type Activities | 4,328,670 | 2,599,678 | 676,418 | 32,807 | - | (1,019,767) | (1,019,767) | - |
| Total Primary Government | $26,656,561 | $4,501,935 | $7,772,292 | $750,165 | (12,612,402) | (1,019,767) | (13,632,169) | - |
| Component Units | ||||||||
| Connecticut Housing Finance Authority (12/31/14) | $177,765 | $193,068 | $- | $- | - | - | - | 15,303 |
| Connecticut Lottery Corporation | 1,149,379 | 1,144,031 | - | - | - | - | - | (5,348) |
| Connecticut Airport Authority | 94,586 | 89,918 | - | 13,136 | - | - | - | 8,468 |
| Other Component Units | 405,039 | 339,479 | 38,315 | 72,001 | - | - | - | 44,756 |
| Total Component Units | $1,826,769 | $1,766,496 | $38,315 | $85,137 | - | - | - | 63,179 |
| General Revenues: | ||||||||
| Taxes: | ||||||||
| Personal Income | 8,186,946 | - | 8,186,946 | - | ||||
| Corporate Income | 687,347 | - | 687,347 | - | ||||
| Sales and Use | 4,167,054 | - | 4,167,054 | - | ||||
| Other | 1,735,788 | - | 1,735,788 | - | ||||
| Restricted for Transportation Purposes: | ||||||||
| Motor Fuel | 846,062 | - | 846,062 | - | ||||
| Other | 83,868 | - | 83,868 | - | ||||
| Casino Gaming Payments | 267,986 | - | 267,986 | - | ||||
| Tobacco Settlement | 118,988 | - | 118,988 | - | ||||
| Lottery Tickets | 319,700 | - | 319,700 | - | ||||
| Unrestricted Investment Earnings | 22,091 | 11,638 | 33,729 | 46,937 | ||||
| Contributions to Endowments | - | - | - | - | ||||
| Special Item | - | - | 1,259 | |||||
| Transfers-Internal Activities | (1,726,281) | 1,726,281 | - | - | ||||
| Total General Revenues, Contributions, | ||||||||
| and Transfers | 14,709,549 | 1,737,919 | 16,447,468 | 48,196 | ||||
| Change in Net Position | 2,097,147 | 718,152 | 2,815,299 | 111,375 | ||||
| Net Position (Deficit)- Beginning (as restated) | (42,922,264) | 4,780,854 | (38,141,410) | 2,331,012 | ||||
| Net Position (Deficit)- Ending | $(40,825,117) | $5,499,006 | $(35,326,111) | $2,442,387 | ||||
The accompanying notes are an integral part of the financial statements.