June 30,1997
(Amounts in thousands unless otherwise stated)
Note 19
RESERVED RETAINED EARNINGS, RESERVED FUND BALANCES, AND CONTRIBUTED CAPITAL
Reserved Retained Earnings
Bradley International Airport, an enterprise fund, has $29,712 restricted for debt service requirements and other programs of the
airport. The Connecticut Lottery Corporation, an enterprise fund, has $8,471 restricted for programs of the Corporation. The
Connecticut Housing Finance Authority, a component unit, has $366,820 restricted for debt service requirements and other
programs of the Authority. The Connecticut Resources Recovery Authority, a component unit, has $18,277 restricted for
specific purposes.
Contributed Capital
The following is a summary of changes in the con-tributed capital accounts for the year ended June 30, 1997:
| Primary Government | Component Units | ||||
|---|---|---|---|---|---|
| Bradley Inter- national Airport | Adminis- trative Services |
Connecticut Resources Recovery Authority |
Connecticut Innovations, Incorporated | Connecticut Development Authority | |
| Balance July 1, 1996 | $101,059 | $2,200 | $2,275 | $70,892 | $150,340 |
| Contributions | 305 | - | - | 4,560 | 15,000 |
| Items added back to retained earnings | - | - | (167) | - | - |
| Adjustments | (3) | (1,100) | - | - | (3,000) |
| Balance June 30, 1997 | $101,361 | $1,100 | $2,108 | $75,452 | $162,340 |
Reserved Fund Balances
These balances are comprised as follows:
| Fund Type | |||||
|---|---|---|---|---|---|
| Reserved For | General | Special Revenue |
Debt Service | Trust and Agency | Higher Education |
| Petty Cash | $ 996 | $ - | $ - | $ - | $ - |
| Budget Reserve | 336,909 | - | - | - | - |
| Inventories | 32,674 | 11,287 | - | - | - |
| Continuing Appropriations | 184,485 | 21,489 | - | - | - |
| Debt Service | 166,700 | - | 476,731 | - | - |
| Loans | - | 387,826 | - | - | - |
| Pension Obligations | - | - | - | 16,006,746 | - |
| Trust Activities | - | - | - | 120,828 | - |
| Restricted | - | - | - | - | 235,549 |
| $721,764 | $420,602 | $476,731 | $16,127,574 | $235,549 | |
Reserved for continuing appropriations represents amounts of unexpended appropriations legally carried forward and available for encumbrances and expenditures in the succeeding year.
Reserved amounts in Higher Education represent amounts restricted for specific educational programs by federal grants, private gifts and endowments, and amounts reserved for student loans and debt service.
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