Notes to the Financial Statements

June 30, 2016

Note 21 Interfund Transfers

Interfund transfers for the fiscal year ended June 30, 2016, consisted of the following (amounts in thousands):

  Amount transferred to fund(s)
      Debt       Restricted                
            Grants &    Other       Board of    Clean Water &    
  General    Service    Transportation    Accounts    Governmental    UConn    Regents    Drinking Water    Total
Amount transferred from fund(s)
General $- $- $- $44,175 $62,036 $671,127 $598,070 $- $1,375,408
Debt Service - - - 6,485 - - - - 6,485
Transportation - 492,915 - - 6,500 - - - 499,415
Restricted Grants & Accounts 24,237 - - 16,033 - - - - 40,270
Grants & Loan Programs - - - 72,325 - - - - 72,325
Other Governmental 147,069 33,106 5,875 73,094 768 299,865 195,972 5,664 761,413
Board of Regents 5,900 - - - - - - - 5,900
Employment Security - - - - 18,503 - - - 18,503
Total $177,206 $526,021 $5,875 $212,112 $87,807 $970,992 $794,042 $5,664 $2,779,719

Transfers were made to (1) move revenues from the fund that budget or statute requires to collect them to the fund that budget or statute requires to expend them and (2) move receipts restricted to debt service from the funds collecting the receipts to the debt service fund as debt service payments become due.