| Changes in Net Assets | ||||||||||
| Last Ten Fiscal Years | ||||||||||
| (Expressed in Thousands) | ||||||||||
| 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | ||||||||||
| Governmental Activities: | ||||||||||
| Legislative | $89,532 | $91,037 | $96,622 | $97,492 | $111,910 | $101,695 | $105,870 | $99,542 | $113,982 | $106,349 |
| General Government | 1,100,700 | 1,288,231 | 1,352,908 | 1,731,215 | 1,737,917 | 1,752,751 | 1,565,653 | 1,508,994 | 1,987,920 | 2,036,173 |
| Regulation and Protection | 590,377 | 633,466 | 712,061 | 702,467 | 788,419 | 768,272 | 796,124 | 780,363 | 853,458 | 868,187 |
| Conservation and Development | 448,077 | 424,125 | 396,296 | 429,057 | 473,797 | 562,507 | 565,836 | 529,292 | 692,719 | 665,365 |
| Health and Hospital | 1,683,465 | 1,801,346 | 1,922,583 | 2,003,994 | 2,298,272 | 2,278,059 | 2,443,119 | 2,300,369 | 2,475,759 | 2,540,349 |
| Transportation | 1,153,888 | 1,183,961 | 1,090,504 | 1,150,770 | 1,482,250 | 1,570,324 | 1,742,009 | 1,637,847 | 1,845,656 | 1,572,755 |
| Human Services | 4,630,154 | 4,535,915 | 4,941,454 | 4,828,418 | 5,743,810 | 6,208,275 | 6,829,916 | 6,675,895 | 7,223,118 | 7,471,625 |
| Education, Libraries, and Museums | 3,174,305 | 3,408,288 | 3,888,711 | 4,008,903 | 4,749,284 | 4,591,672 | 4,920,983 | 4,463,129 | 4,495,905 | 4,490,144 |
| Corrections | 1,579,043 | 1,675,965 | 1,768,368 | 1,836,147 | 2,085,053 | 2,071,331 | 2,082,743 | 1,932,375 | 2,061,176 | 1,976,657 |
| Judicial | 546,163 | 649,666 | 654,894 | 694,442 | 806,309 | 793,580 | 828,128 | 828,124 | 910,362 | 893,860 |
| Interest and Fiscal Charges | 577,448 | 612,115 | 619,730 | 635,113 | 733,791 | 810,403 | 792,950 | 873,847 | 816,508 | 779,515 |
| Total Governmental Activities Expenses | 15,573,152 | 16,304,115 | 17,444,131 | 18,118,018 | 21,010,812 | 21,508,869 | 22,673,331 | 21,629,777 | 23,476,563 | 23,400,979 |
| Business-Type Activities: | ||||||||||
| University of Connecticut and Health Center | 1,254,402 | 1,386,327 | 1,464,055 | 1,519,026 | 1,626,532 | 1,725,343 | 1,703,104 | 1,806,815 | 1,801,687 | 1,872,131 |
| State Universities | 469,712 | 506,993 | 536,026 | 571,006 | 610,851 | 639,397 | 649,630 | 651,513 | 652,092 | 666,417 |
| Connecticut Community Colleges | 295,871 | 325,413 | 343,191 | 363,548 | 407,422 | 446,451 | 448,961 | 480,985 | 477,494 | 488,496 |
| Bradley International Airport | 59,338 | 61,559 | 62,625 | 67,244 | 67,635 | 67,995 | 69,471 | 68,415 | 64,170 | 67,353 |
| Employment Security | 811,483 | 580,549 | 572,602 | 585,803 | 631,935 | 1,573,806 | 2,700,797 | 2,306,715 | 1,823,464 | 1,514,674 |
| Clean Water | 24,759 | 27,740 | 26,076 | 30,183 | 27,181 | 30,723 | 52,761 | 45,473 | 53,330 | 50,194 |
| Other | 65,496 | 80,010 | 75,883 | 68,581 | 68,618 | 65,091 | 78,013 | 61,199 | 58,152 | 58,989 |
| Total Business-Type Activities Expenses | 2,981,061 | 2,968,591 | 3,080,458 | 3,205,391 | 3,440,174 | 4,548,806 | 5,702,737 | 5,421,115 | 4,930,389 | 4,718,254 |
| Total Primary Government Expenses | $18,554,213 | $19,272,706 | $20,524,589 | $21,323,409 | $24,450,986 | $26,057,675 | $28,376,068 | $27,050,892 | $28,406,952 | $28,119,233 |
| Program Revenues | ||||||||||
| Governmental Activities: | ||||||||||
| Charges for Services, Fees, Fines, and Forfeitures | $1,253,672 | $1,316,668 | $1,379,061 | $1,317,480 | $1,447,573 | $1,490,271 | $1,522,375 | $1,647,311 | $1,952,042 | $1,575,556 |
| Operating Grants and Contributions | 3,850,132 | 3,809,577 | 4,034,673 | 3,974,468 | 4,271,504 | 5,552,688 | 6,113,086 | 6,350,067 | 5,770,935 | 5,992,403 |
| Capital Grants and Contributions | 543,805 | 335,256 | 541,875 | 411,516 | 442,310 | 646,416 | 765,837 | 725,080 | 716,056 | 767,793 |
| Total Governmental Activities Program Revenues | 5,647,609 | 5,461,501 | 5,955,609 | 5,703,464 | 6,161,387 | 7,689,375 | 8,401,298 | 8,722,458 | 8,439,033 | 8,335,752 |
| Business-Type Activities: | ||||||||||
| Charges for Services, Fees, Fines, and Forfeitures | 2,028,089 | 1,929,925 | 1,929,537 | 1,962,507 | 2,001,573 | 2,116,366 | 2,226,126 | 2,399,181 | 2,536,002 | 2,548,389 |
| Operating Grants and Contributions | 227,674 | 262,015 | 277,357 | 296,851 | 322,936 | 907,050 | 1,885,115 | 1,789,697 | 1,412,355 | 1,172,820 |
| Capital Grants and Contributions | 9,339 | 86,684 | 80,082 | 13,735 | 35,922 | 63,757 | 17,536 | 40,099 | 18,089 | 58,723 |
| Total Business-Type Activities Program Revenues | 2,265,102 | 2,278,624 | 2,286,976 | 2,273,093 | 2,360,431 | 3,087,173 | 4,128,777 | 4,228,977 | 3,966,446 | 3,779,932 |
| Total Primary Government Program Revenues | $7,912,711 | $7,740,125 | $8,242,585 | $7,976,557 | $8,521,818 | $10,776,548 | $12,530,075 | $12,951,435 | $12,405,479 | $12,115,684 |
| Net (Expense)/Revenue | ||||||||||
| Governmental Activities | $(9,925,543) | $(10,842,614) | $(11,488,522) | $(12,414,554) | $(14,849,425) | $(13,819,494) | $(14,272,033) | $(12,907,319) | $(15,037,530) | $(15,065,227) |
| Business-Type Activities | (715,959) | (689,967) | (793,482) | (932,298) | (1,079,743) | (1,461,633) | (1,573,960) | (1,192,138) | (963,943) | (938,322) |
| Total Primary Government Net Expense | $(10,641,502) | $(11,532,581) | $(12,282,004) | $(13,346,852) | $(15,929,168) | $(15,281,127) | $(15,845,993) | $(14,099,457) | $(16,001,473) | $(16,003,549) |
Note: In fiscal year 2013, the Connecticut Lottery Corporation, a major
Enterprise fund, was reclassified as a major component unit.
Business-type activities for the fiscal years prior to 2013, discussed in this
and the next page, have been restated to reflect this change.
| 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| General Revenues and Other Changes in Net Position | ||||||||||
| Governmental Activities: | ||||||||||
| Taxes: | ||||||||||
| Personal Income | $4,392,403 | $4,983,163 | $5,625,882 | $6,270,806 | $6,588,233 | $5,657,309 | $5,773,609 | $6,327,263 | $7,360,165 | $7,743,804 |
| Corporate Income | 473,505 | 538,834 | 655,607 | 831,688 | 548,539 | 437,444 | 465,980 | 726,090 | 601,509 | 558,287 |
| Sales and Use | 3,061,423 | 3,278,902 | 3,382,118 | 3,509,164 | 3,537,911 | 3,301,096 | 3,150,203 | 3,365,250 | 3,880,607 | 3,953,768 |
| Other | 1,274,149 | 1,487,321 | 1,608,235 | 1,513,855 | 1,544,801 | 1,407,084 | 1,455,628 | 1,655,594 | 1,953,170 | 2,327,754 |
| Restricted for Transportation Purposes: | ||||||||||
| Motor Fuel | 470,001 | 482,476 | 515,013 | 609,427 | 487,568 | 492,566 | 494,222 | 477,411 | 713,477 | 693,444 |
| Other | 70,411 | 69,720 | 68,418 | 67,888 | 192,663 | 196,034 | 209,684 | 237,242 | 76,618 | 79,000 |
| Casino Gaming Payments | 402,733 | 417,838 | 427,527 | 430,476 | 411,411 | 377,805 | 384,248 | 359,582 | 344,645 | 296,396 |
| Tobacco Settlement | 116,578 | 118,321 | 108,619 | 113,691 | 141,348 | 153,819 | 128,977 | 121,422 | 123,799 | 123,745 |
| Lottery Tickets | 280,763 | 268,515 | 284,865 | 279,000 | 283,000 | 283,000 | 285,500 | 289,300 | 310,000 | 312,100 |
| Unrestricted Investment Earnings | 18,350 | 69,332 | 104,911 | 165,472 | 131,915 | 42,493 | 27,681 | 18,434 | 15,955 | 3,942 |
| Special Items: | ||||||||||
| Statutory Payment from Component Units | 17,500 | 15,000 | - | - | - | 13,150 | - | - | - | - |
| Other | (174,760) | (165,412) | - | - | - | - | 21,000 | - | - | - |
| Transfers-Internal Activities | (697,825) | (961,014) | (996,522) | (1,144,548) | (1,062,256) | (1,156,590) | (1,347,362) | (1,080,151) | (1,227,570) | (1,088,125) |
| Total Governmental Activities | 9,705,231 | 10,602,996 | 11,784,673 | 12,646,919 | 12,805,133 | 11,205,210 | 11,049,370 | 12,497,437 | 14,152,375 | 15,004,115 |
| Business-Type Activities | ||||||||||
| Unrestricted Investment Earnings | 60,728 | 67,271 | 89,553 | 107,976 | 98,787 | 60,759 | 27,468 | 20,483 | 18,141 | 16,742 |
| Special Items: | ||||||||||
| Loss on Disposal of Capital Assets | (4,190) | - | - | - | - | - | - | - | - | - |
| Other | - | - | - | - | - | - | (21,000) | - | - | - |
| Extraordinary Item-Loss to Early Retire Debt | (1,983) | - | - | - | - | - | - | - | - | - |
| Debt Reduction Transfer | - | - | - | - | - | 85,000 | - | - | - | - |
| Transfers-Internal Activities | 697,825 | 767,014 | 996,522 | 1,144,548 | 1,062,256 | 1,156,590 | 1,347,362 | 1,080,151 | 1,227,570 | 1,088,125 |
| Total Business-Type Activities | 752,380 | 834,285 | 1,086,075 | 1,252,524 | 1,161,043 | 1,302,349 | 1,353,830 | 1,100,634 | 1,245,711 | 1,104,867 |
| Total Primary Government | $10,457,611 | $11,437,281 | $12,870,748 | $13,899,443 | $13,966,176 | $12,507,559 | $12,403,200 | $13,598,071 | $15,398,086 | $16,108,982 |
| Changes in Net Position | ||||||||||
| Governmental Activities | $(220,312) | $(239,618) | $296,151 | $232,365 | $(2,044,292) | $(2,614,284) | $(3,222,663) | $(409,882) | $(885,155) | $(61,112) |
| Business-Type Activities | 36,421 | 144,318 | 292,593 | 320,226 | 81,300 | (159,284) | (220,130) | (91,504) | 281,768 | 166,545 |
| Total Primary Government | $(183,891) | $(95,300) | $588,744 | $552,591 | $(1,962,992) | $(2,773,568) | $(3,442,793) | $(501,386) | $(603,387) | $105,433 |
| Other Changes in Net Position | ||||||||||
| Governmental Activities: | ||||||||||
| Prior-Year Adjustments | $100,104 | $289,253 | $18,470 | $- | $- | $(66,976) | $(881,193) | $33,217 | $(95,999) | $- |
| Fund Reclassification | 26,934 | - | - | - | - | - | - | - | - | - |
| Total Governmental Activities | 127,038 | 289,253 | 18,470 | - | - | (66,976) | (881,193) | 33,217 | (95,999) | - |
| Business-Type Activities: | ||||||||||
| Prior-Year Adjustments | (9,750) | - | - | (11,195) | - | (21,652) | - | - | - | - |
| Fund Reclassification | (241,971) | - | - | - | - | - | - | - | - | - |
| Change in Reporting Period | - | 194,336 | - | - | - | - | - | - | - | - |
| Total Business-Type Activities | (251,721) | 194,336 | - | (11,195) | - | (21,652) | - | - | - | - |
| Total Primary Government | $(124,683) | $483,589 | $18,470 | $(11,195) | $- | $(88,628) | $(881,193) | $33,217 | $(95,999) | $- |
Notes: In fiscal year 2012 the sales tax increased from 6.00% to 6.35%.
Starting in fiscal year 2013, due to the change in fund classification reported
on the previous page, lottery ticket sales were reported as general revenue,
rather than as "transfers-internal activities" under the governmental activities
section reported above.
Transfers-internal activities for fiscal years prior to 2013 have been restated
to reflect this change. Other changes in Net Position are direct adjustments to
the beginning balance of Net Position (See Note 23).