| Statement of Activities | ||||||||
| For the Fiscal Year Ended June 30, 2003 | ||||||||
| (Expressed in Thousands) | Program Revenues |
Net (Expense) Revenue and Changes in Net Assets |
||||||
|---|---|---|---|---|---|---|---|---|
| Primary Government | ||||||||
|
Functions /Programs |
Expenses |
Charges for Service, Fees, Fines, and Forfeitures |
Operating Grants and Contrib- utions |
Capital Grants and Contrib- utions |
Govern- mental Activities |
Business- Type Activities |
Total |
Component Units |
| Primary Government | ||||||||
|
Governmental Activities |
||||||||
| Legislative | $80,176 | $85 | $292 | $- | $(79,799) | $- | $(79,799) | $- |
| General Government | 1,145,613 | 186,206 | 156,989 | - | (802,418) | - | (802,418) | - |
| Regulation and Protection | 574,674 | 435,142 | 140,337 | - | 805 | - | 805 | - |
| Conservation and Development | 410,167 | 38,039 | 66,921 | 55 | (305,152) | - | (305,152) | - |
| Health and Hospitals | 1,711,076 | 57,144 | 185,903 | - | (1,468,029) | - | (1,468,029) | - |
| Transportation | 941,257 | 53,441 | 3,145 | 562,086 | (322,585) | - | (322,585) | - |
| Human Services | 4,138,932 | 151,330 | 2,585,437 | - | (1,402,165) | - | (1,402,165) | - |
| Education, Libraries, and Museums | 3,090,630 | 45,908 | 260,392 | 447 | (2,783,883) | - | (2,783,883) | - |
| Corrections | 1,450,392 | 14,240 | 63,776 | 25 | (1,372,351) | - | (1,372,351) | - |
| Judicial | 555,791 | 91,397 | 26,021 | - | (438,373) | - | (438,373) | - |
| Interest and Fiscal Charges | 595,949 | - | - | - | (595,949) | - | (595,949) | - |
| Total Governmental Activities | 14,694,657 | 1,072,932 | 3,489,213 | 562,613 | (9,569,899) | - | (9,569,899) | - |
| Business-Type Activities: | ||||||||
| Higher Education | 1,977,886 | 972,921 | 219,142 | 5,154 | - | (780,669) | (780,669) | - |
| Bradley International Airport | 54,323 | 49,594 | - | 5,041 | - | 312 | 312 | - |
| CT Lottery Corporation | 643,214 | 867,055 | - | - | - | 223,841 | 223,841 | - |
| Employment Security | 963,201 | 577,079 | 203,297 | - | - | (182,825) | (182,825) | - |
| Clean Water | 29,435 | 12,008 | 17,661 | - | - | 234 | 234 | - |
| Other | 72,633 | 116,109 | 16,139 | - | - | 59,615 | 59,615 | - |
| Total Business-Type Activities | 3,740,692 | 2,594,766 | 456,239 | 10,195 | - | (679,492) | (679,492) | - |
| Total Primary Government | $18,435,349 | $3,667,698 | $3,945,452 | $572,808 | (9,569,899) | (679,492) | (10,249,391) | - |
| Component Units: | ||||||||
| Connecticut Housing Finance Authority (12-31-02) | $222,841 | $223,386 | $- | $- | - | - | - | 545 |
| Connecticut Resources Recovery Authority | 169,970 | 156,258 | - | - | - | - | - | (13,712) |
| Other | 55,733 | 38,229 | 1,929 | 25,107 | - | - | - | 9,532 |
| Total Component Units | $448,544 | $417,873 | $1,929 | $25,107 | - | - | - | (3,635) |
|
Net (Expense) Revenue and Changes in Net Assets |
||||
|---|---|---|---|---|
| Primary Government | ||||
|
Govern- mental Activities |
Business- Type Activities |
Total |
Component Units |
|
| General Revenues: | ||||
| Taxes: | ||||
| Personal Income | 3,593,080 | - | 3,593,080 | - |
| Corporate Income | 390,012 | - | 390,012 | - |
| Sales and Use | 2,938,341 | - | 2,938,341 | - |
| Other | 1,208,083 | - | 1,208,083 | - |
| Restricted for Transportation Purposes: | - | - | - | - |
| Motor Fuel | 450,696 | - | 450,696 | - |
| Other | 64,524 | - | 64,524 | - |
| Casino Gaming Payments | 387,255 | - | 387,255 | - |
| Tobacco Settlement | 137,915 | - | 137,915 | - |
| Unrestricted Investment Earnings | 54,741 | 111,336 | 166,077 | 61,756 |
| Other | 15,855 | - | 15,855 | - |
| Special Items: | ||||
| Statutory Payment from Component Units | 100,000 | - | 100,000 | - |
| Transfer from Agency Fund | 127,256 | - | 127,256 | - |
| Statutory Payment to State | - | - | - | (15,000) |
| Other | - | (2,455) | (2,455) | (16,125) |
| Extraordinary Item-Loss on Early Retirement of Debt | - | (4,010) | (4,010) | - |
| Transfers-Internal Activities | (640,268) | 640,268 | - | - |
| Total General Revenues, Special Items, | ||||
| Extraordinary Item, and Transfers | 8,827,490 | 745,139 | 9,572,629 | 30,631 |
| Change in Net Assets | (742,409) | 65,647 | (676,762) | 26,996 |
| Net Assets (Deficit)- Beginning (as restated) | (4,604,575) | 3,809,425 | (795,150) | 1,085,015 |
| Net Assets (Deficit)- Ending | $(5,346,984) | $3,875,072 | $(1,471,912) | $1,112,011 |
The accompanying notes are an integral part of the financial statements.