| Net Position by Component | ||||||||||
| Last Ten Fiscal Years | ||||||||||
| (Expressed in Thousands) | ||||||||||
| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Governmental Activities: | ||||||||||
| Net Invested in Capital Assets | $3,469,145 | $4,269,038 | $4,930,749 | $5,499,602 | $4,910,178 | $4,905,025 | $5,305,440 | $5,824,691 | $5,776,818 | $4,957,690 |
| Restricted | 1,496,693 | 1,384,938 | 1,641,377 | 1,617,726 | 1,777,780 | 1,809,873 | 1,647,790 | 2,282,900 | 1,795,757 | 1,884,897 |
| Unrestricted | (10,041,840) | (10,497,613) | (13,460,055) | (16,686,518) | (20,361,003) | (20,764,608) | (21,984,094) | (23,199,567) | (24,943,380) | (47,667,704) |
| Total Governmental Activities Net Position | $(5,076,002) | $(4,843,637) | $(6,887,929) | $(9,569,190) | $(13,673,045) | $(14,049,710) | $(15,030,864) | $(15,091,976) | $(17,370,805) | $(40,825,117) |
| Business-Type Activities: | ||||||||||
| Net Invested in Capital Assets | $2,303,600 | $2,345,553 | $2,465,734 | $2,499,175 | $2,544,919 | $2,677,999 | $2,810,724 | $3,029,092 | $3,169,151 | $3,448,779 |
| Restricted | 1,606,661 | 1,769,958 | 1,649,200 | 1,359,459 | 1,157,139 | 1,051,544 | 995,806 | 898,180 | 1,065,211 | 1,154,457 |
| Unrestricted | 140,071 | 235,022 | 306,755 | 373,035 | 302,435 | 171,738 | 360,131 | 391,597 | 546,492 | 895,770 |
| Total Business-Type Activities Net Position | $4,050,332 | $4,350,533 | $4,421,689 | $4,231,669 | $4,004,493 | $3,901,281 | $4,166,661 | $4,318,869 | $4,780,854 | $5,499,006 |
| Primary Government: | ||||||||||
| Net Invested in Capital Assets | $5,772,745 | $6,614,591 | $7,396,483 | $7,998,777 | $7,455,097 | $7,583,024 | $8,116,164 | $8,853,783 | $8,945,969 | $8,406,469 |
| Restricted | 3,103,354 | 3,154,896 | 3,290,577 | 2,977,185 | 2,934,919 | 2,861,417 | 2,643,596 | 3,181,080 | 2,860,968 | 3,039,354 |
| Unrestricted | (9,901,769) | (10,262,591) | (13,153,300) | (16,313,483) | (20,058,568) | (20,592,870) | (21,623,963) | (22,807,970) | (24,396,888) | (46,771,934) |
| Total Primary Government Net Position | $(1,025,670) | $(493,104) | $(2,466,240) | $(5,337,521) | $(9,668,552) | $(10,148,429) | $(10,864,203) | $(10,773,107) | $(12,589,951) | $(35,326,111) |
Notes: The governmental activities have a deficit in unrestricted Net
Position mainly because the State recognized in the
Statement of Net Position the following long-term obligations:
1. General obligation bonds which were issued to finance various grant
programs of the State, such as school construction
and municipal aid.
2. Other long-term obligations which the State has partially funded or not
funded. For example, net pension liabilities,
compensated absences obligations, etc.
3. In fiscal year 2014, Bradley International Airport, a major Enterprise
fund, was reclassified as a major component
unit. Business-type activities for the fiscal years prior to 2014 have been
restated to reflect this change.
4. In fiscal year 2015, the State implemented GASB statement No. 68
requiring the reporting of the actuarially
determined liability to the pension plan members net of the fiduciary net
position of the plans.