Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2000 GENERAL PURPOSE FINANCIAL STATEMENTS - Note 17 Retatement of Retained Earnings

State of Connecticut

Note 17 Restatement of Retained Earnings

As of June 30, 2000, the beginning retained earnings for the following funds were restated as follows (amounts in thousands):

Fund Balance
6/30/99
Previously
Reported		 Correction
of Reported
Assets/
Liabilities
Balance
6/30/99 as
Restated
Internal Service:
Information Technology $ 19,651 $ (2,561) $ 17,090
Administrative Services 19,559 1,569 21,128
Component Units:
Capital City Economic
Development Authority - 455 455

For the year 2000, the State added a new component unit to its financial reporting entity, the Capital City Economic Development Authority. This new addition has no significant effect on the operations or financial position of the State.

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