Note 18 Reserved Retained Earnings, Contributed Capital, and Reserved Fund Balances
Reserved Retained Earnings
Bradley International Airport, an enterprise fund, has $28.6
million restricted for debt service requirements and other programs of the
airport. The Connecticut Lottery
Corporation, an enterprise fund, has $1.9 million restricted for programs of the Corporation. The Connecticut Housing Finance Authority, a component unit, has $571.9 million restricted for debt service requirements and other programs of the Authority. The Connecticut Resources Recovery Authority, a component unit, has $21.5 million restricted for specific purposes.
Contributed Capital
The following is a summary of changes in the contributed capital accounts for the year ended June 30, 2001 (amounts in thousands):
| Primary | |||
|---|---|---|---|
| Government | Component Units | ||
| Connecticut | |||
| Resources | Connecticut | ||
| Bradley | Recovery | Innovations, | |
| Airport | Authority | Incorporated | |
| Balance July 1, 2000 | $ 103,874 | $ 1,713 | $ 85,569 |
| Contributions-State | - | - | 12,337 |
| Contributions-Other | 4,098 | - | 13,970 |
| Items added back to retained earnings | - | (123) | - |
| Balance June 30, 2001 | $ 107,972 | $ 1,590 | $ 111,876 |
Reserved Fund Balances
These balances are comprised as follows (amounts in thousands):
| Fund Type | ||||
|---|---|---|---|---|
| Special | Trust and | Higher | ||
| Reserved For | General | Revenue | Agency | Education |
| Petty Cash | $ 1,043 | $ - | $ - | $ - |
| Budget Reserve | 594,698 | - | - | - |
| Advances to Other Funds | 4,950 | - | - | - |
| Inventories | 36,232 | 13,142 | - | - |
| Continuing Appropriations | 687,027 | 55,243 | - | - |
| Debt Service | 20,696 | - | - | 77,883 |
| Restricted Purposes | 249,273 | - | - | 275,313 |
| Loans | 1,636 | 313,684 | - | 26,996 |
| Employees' Pension Benefits | - | - | 20,501,822 | - |
| Trust Activities | - | - | 480,753 | - |
| Pool Participants | - | - | 1,414,080 | - |
| $ 1,595,555 | $ 382,069 | $ 22,396,655 | $ 380,192 | |
Reserved for continuing appropriations represents amounts of unexpended appropriations legally carried forward and available for encumbrances and expenditures in the succeeding year.
Reserved for restricted purposes in the General and Higher Education funds represents amounts restricted for specific purposes by federal grants, restricted revenues, and private gifts and endowments.