Statement of Revenues, Expenditures and Changes in Fund Balances |
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Governmental Funds | ||||||
For the Fiscal Year Ended June 30, 2012 | ||||||
(Expressed in Thousands) | ||||||
Restricted | Total | |||||
---|---|---|---|---|---|---|
Debt | Grants & | Other | Governmental | |||
General | Service | Transportation | Accounts | Funds | Funds | |
Revenues | ||||||
Taxes | $13,923,530 | $- | $789,036 | $- | $- | $14,712,566 |
Assessments | - | - | - | - | - | - |
Licenses, Permits and Fees | 281,637 | - | 316,528 | 14,248 | 45,033 | 657,446 |
Tobacco Settlement | - | - | - | - | 123,799 | 123,799 |
Federal Grants and Aid | 4,157,747 | - | 12,915 | 2,229,415 | 90,439 | 6,490,516 |
Charges for Services | 35,011 | - | 67,409 | - | 4,907 | 107,327 |
Fines, Forfeits and Rents | 432,681 | - | 18,458 | - | 1,219 | 452,358 |
Casino Gaming Payments | 344,645 | - | - | - | - | 344,645 |
Investment Earnings | 881 | 1,467 | 739 | 1,300 | 9,999 | 14,386 |
Interest on Loans | - | - | - | - | - | - |
Miscellaneous | 157,766 | - | 8,977 | 411,138 | 126,524 | 704,405 |
Total Revenues | 19,333,898 | 1,467 | 1,214,062 | 2,656,101 | 401,920 | 23,607,448 |
Expenditures | ||||||
Current: | ||||||
Legislative | 100,700 | - | - | 2,812 | - | 103,512 |
General Government | 1,019,532 | - | 5,306 | 355,078 | 496,333 | 1,876,249 |
Regulation and Protection | 375,724 | - | 83,806 | 150,625 | 173,847 | 784,002 |
Conservation and Development | 187,270 | - | - | 126,179 | 349,374 | 662,823 |
Health and Hospitals | 2,158,069 | - | - | 208,628 | 7,996 | 2,374,693 |
Transportation | - | - | 709,982 | 820,387 | 4,428 | 1,534,797 |
Human Services | 6,455,873 | - | 241 | 499,782 | 11,148 | 6,967,044 |
Education, Libraries, and Museums | 3,588,451 | - | - | 578,408 | 18,309 | 4,185,168 |
Corrections | 1,915,455 | - | - | 19,249 | 4,387 | 1,939,091 |
Judicial | 798,826 | - | - | 14,629 | 44,884 | 858,339 |
Capital Projects | - | - | - | - | 547,212 | 547,212 |
Debt Service: | ||||||
Principal Retirement | 1,199,619 | 274,275 | - | - | - | 1,473,894 |
Interest and Fiscal Charges | 606,924 | 177,780 | 2,183 | 153,307 | 6,908 | 947,102 |
Total Expenditures | 18,406,443 | 452,055 | 801,518 | 2,929,084 | 1,664,826 | 24,253,926 |
Excess (Deficiency) of Revenues Over Expenditures | 927,455 | (450,588) | 412,544 | (272,983) | (1,262,906) | (646,478) |
Other Financing Sources (Uses) | ||||||
Bonds Issued | 48,840 | - | - | - | 1,505,961 | 1,554,801 |
Premiums on Bonds Issued | 1,704 | 143,569 | - | - | 168,442 | 313,715 |
Transfers In | 413,529 | 442,888 | 82,915 | 223,070 | 80,829 | 1,243,231 |
Transfers Out | (1,155,607) | (2,666) | (459,282) | (331) | (557,615) | (2,175,501) |
Refunding Bonds Issued | - | 1,219,815 | - | - | - | 1,219,815 |
Payment to Refunded Bond Escrow Agent | (29,871) | (1,358,287) | - | - | - | (1,388,158) |
Capital Lease Obligations | 6,084 | - | - | - | - | 6,084 |
Total Other Financing Sources (Uses) | (715,321) | 445,319 | (376,367) | 222,739 | 1,197,617 | 773,987 |
Net Change in Fund Balances | 212,134 | (5,269) | 36,177 | (50,244) | (65,289) | 127,509 |
Fund Balances (Deficit) - Beginning (as restated) | (1,124,605) | 708,645 | 169,817 | 444,115 | 1,362,421 | 1,560,393 |
Change in Reserve for Inventories | 50 | - | 2,937 | - | - | 2,987 |
Fund Balances (Deficit) - Ending | $(912,421) | $703,376 | $208,931 | $393,871 | $1,297,132 | $1,690,889 |
The accompanying notes are an integral part of the financial statements.