| Statement of Activities | ||||||||
| For the Fiscal Year Ended June 30, 2007 | ||||||||
| (Expressed in Thousands) | Program Revenues |
Net (Expense)Revenue and Changes in Net Assets |
||||||
|---|---|---|---|---|---|---|---|---|
| Primary Government | ||||||||
| Functions/Programs | Expenses |
Charges for Service, Fees, Fines, and Other |
Operating Grants and Contrib- utions |
Capital Grants and Contrib- utions |
Govern- mental Activities |
Business- Type Activities |
Total |
Component Units |
| Primary Government | ||||||||
| Governmental Activities: | ||||||||
| Legislative | $97,492 | $2,991 | $114 | $- | $(94,387) | $- | $(94,387) | $- |
| General Government | 1,731,215 | 371,502 | 47,089 | - | (1,312,624) | - | (1,312,624) | - |
| Regulation and Protection | 702,467 | 528,928 | 161,547 | - | (11,992) | - | (11,992) | - |
| Conservation and Development | 429,057 | 85,797 | 79,133 | - | (264,127) | - | (264,127) | - |
| Health and Hospitals | 2,003,994 | 62,454 | 159,190 | - | (1,782,350) | - | (1,782,350) | - |
| Transportation | 1,150,770 | 110,352 | - | 411,516 | (628,902) | - | (628,902) | - |
| Human Services | 4,828,418 | 13,617 | 2,955,228 | - | (1,859,573) | - | (1,859,573) | - |
| Education, Libraries, and Museums | 4,008,903 | 32,237 | 419,840 | - | (3,556,826) | - | (3,556,826) | - |
| Corrections | 1,836,147 | 10,474 | 142,887 | - | (1,682,786) | - | (1,682,786) | - |
| Judicial | 694,442 | 99,128 | 9,440 | - | (585,874) | - | (585,874) | - |
| Interest and Fiscal Charges | 635,113 | - | - | - | (635,113) | - | (635,113) | - |
| Total Governmental Activities | 18,118,018 | 1,317,480 | 3,974,468 | 411,516 | (12,414,554) | - | (12,414,554) | - |
| Business-Type Activities: | ||||||||
| University of Connecticut & Health Center | 1,519,026 | 830,182 | 177,540 | 3,030 | - | (508,274) | (508,274) | - |
| State Universities | 571,006 | 286,600 | 43,770 | 7,169 | - | (233,467) | (233,467) | - |
| Bradley International Airport | 67,244 | 55,242 | - | 3,536 | - | (8,466) | (8,466) | - |
| Connecticut Lottery Corporation | 698,628 | 957,215 | - | - | - | 258,587 | 258,587 | - |
| Employment Security | 585,803 | 571,390 | - | - | - | (14,413) | (14,413) | - |
| Clean Water | 30,183 | 15,627 | 12,737 | - | - | (1,819) | (1,819) | - |
| Other | 432,129 | 203,466 | 62,804 | - | - | (165,859) | (165,859) | - |
| Total Business-Type Activities | 3,904,019 | 2,919,722 | 296,851 | 13,735 | - | (673,711) | (673,711) | - |
| Total Primary Government | $22,022,037 | $4,237,202 | $4,271,319 | $425,251 | (12,414,554) | (673,711) | (13,088,265) | - |
| Component Units | ||||||||
| Connecticut Housing Finance Authority (12-31-06) | $200,074 | $170,439 | $- | $- | - | - | - | (29,635) |
| Connecticut Health and Educational Facilities Authority | 5,832 | 6,293 | - | - | - | - | - | 461 |
| Other | 344,119 | 241,655 | 7,900 | 9,288 | - | - | - | (85,276) |
| Total Component Units | $550,025 | $418,387 | $7,900 | $9,288 | - | - | - | (114,450) |
|
Net (Expense) Revenue and Changes in Net Assets |
||||
|---|---|---|---|---|
| Primary Government | ||||
|
Govern- mental Activities |
Business- Type Activities |
Total |
Component Units |
|
| General Revenues: | ||||
| Taxes: | ||||
| Personal Income | 6,270,806 | - | 6,270,806 | - |
| Corporate Income | 831,688 | - | 831,688 | - |
| Sales and Use | 3,509,164 | - | 3,509,164 | - |
| Other | 1,513,855 | - | 1,513,855 | - |
| Restricted for Transportation Purposes: | ||||
| Motor Fuel | 609,427 | - | 609,427 | - |
| Other | 67,888 | - | 67,888 | - |
| Casino Gaming Payments | 430,476 | - | 430,476 | - |
| Tobacco Settlement | 113,691 | - | 113,691 | - |
| Unrestricted Investment Earnings | 165,472 | 129,317 | 294,789 | 137,661 |
| Contributions to Endowments | - | - | - | 34,392 |
| Transfers-Internal Activities | (865,548) | 865,548 | - | - |
| Total General Revenues, Contributions, | ||||
| and Transfers | 12,646,919 | 994,865 | 13,641,784 | 172,053 |
| Change in Net Assets | 232,365 | 321,154 | 553,519 | 57,603 |
| Net Assets (Deficit)- Beginning (as restated) | (5,076,002) | 4,279,943 | (796,059) | 1,729,923 |
| Net Assets (Deficit)- Ending | $(4,843,637) | $4,601,097 | $(242,540) | $1,787,526 |
The accompanying notes are an integral part of the financial statements.