As of June 30, 2003, the beginning net assets/fund balances for the following funds and activities were restated as follows (amounts in thousands):
Correction | ||||
---|---|---|---|---|
Balance | of | Balance | ||
6-30-02 | Reported | 6-30-02 | ||
Previously | Fund | Assets/ | as | |
Reported | Reclass | Liabilities | Restated | |
Governmental Funds and Activities | ||||
Major Funds: | ||||
Debt Service | $ 670,771 | $ - | $ 4,931 | $ 675,702 |
Total Governmental Funds | $ 670,771 | - | 4,931 | $ 675,702 |
Governmental Activities | ||||
Net assets of Internal Service Funds | 32,729 | - | (442) | 32,287 |
Deferred Debit on Bond Refundings | 60,793 | - | 7,895 | 68,688 |
Net Assets of Governmental Activities | $ (4,616,959) | $ - | $ 12,384 | $ (4,604,575) |
Proprietary Funds and Business-Type Activities | ||||
Major Funds: | ||||
Higher Education | $ 2,401,539 | $ - | $ 9,392 | $ 2,410,931 |
Second Injury | (96,075) | 96,075 | - | - |
Clean Water | 464,138 | (359) | - | 463,779 |
Non-Major funds: | ||||
Second Injury | - | (96,075) | - | (96,075) |
Drinking Water | 38,495 | 359 | - | 38,854 |
Unadjusted Fund | (8,519) | - | - | (8,519) |
Total Non-Major Funds | 29,976 | (95,716) | - | (65,740) |
Total Proprietary Funds | $ 2,799,578 | - | 9,392 | $ 2,808,970 |
Business-Type Activities | ||||
Net Assets of Business-Type Activities | $ 3,800,033 | $ - | $ 9,392 | $ 3,809,425 |
Component Units | ||||
Connecticut Development Authority | $ 170,061 | $ (170,061) | $ - | $ - |
Connecticut Resources Recovery Authority | 130,920 | - | (2,105) | 128,815 |
Other Component Units | ||||
Connecticut Development Authority | - | 170,061 | - | 170,061 |
Unadjusted Component Units | 168,384 | - | - | 168,384 |
Total Other Component Units | 168,384 | 170,061 | - | 338,445 |
Net Assets of Component Units | $ 1,087,120 | $ - | $ (2,105) | $ 1,085,015 |