| Net Position by Component | ||||||||||
| Last Ten Fiscal Years | ||||||||||
| (Expressed in Thousands) | ||||||||||
| 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Governmental Activities: | ||||||||||
| Net Invested in Capital Assets | $3,264,134 | $3,294,888 | $3,469,145 | $4,269,038 | $4,930,749 | $5,499,602 | $4,910,178 | $4,905,025 | $5,305,440 | $5,824,691 |
| Restricted | 1,686,089 | 1,324,933 | 1,496,693 | 1,384,938 | 1,641,377 | 1,617,726 | 1,777,780 | 1,809,873 | 1,647,790 | 2,282,900 |
| Unrestricted | (10,390,481) | (10,010,444) | (10,041,840) | (10,497,613) | (13,460,055) | (16,686,518) | (20,361,003) | (20,764,608) | (21,984,094) | (23,199,567) |
| Total Governmental Activities Net Position | $(5,440,258) | $(5,390,623) | $(5,076,002) | $(4,843,637) | $(6,887,929) | $(9,569,190) | $(13,673,045) | $(14,049,710) | $1,702,000 | $(15,091,976) |
| Business-Type Activities: | ||||||||||
| Net Invested in Capital Assets | $2,207,057 | $2,311,897 | $2,405,458 | $2,453,640 | $2,575,917 | $2,609,166 | $2,668,683 | $2,816,104 | $2,950,923 | $3,178,740 |
| Restricted | 1,406,712 | 1,565,328 | 1,701,408 | 1,867,463 | 1,751,658 | 1,463,854 | 1,255,683 | 1,145,155 | 1,100,297 | 999,530 |
| Unrestricted | 42,945 | 118,143 | 181,095 | 275,889 | 350,717 | 424,337 | 352,860 | 224,463 | 416,270 | 455,765 |
| Total Business-Type Activities Net Position | $3,656,714 | $3,995,368 | $4,287,961 | $4,596,992 | $4,678,292 | $4,497,357 | $4,277,226 | $4,185,722 | $4,467,490 | $4,634,035 |
| Primary Government: | ||||||||||
| Net Invested in Capital Assets | $5,471,191 | $5,606,785 | $5,874,603 | $6,722,678 | $7,506,666 | $8,108,768 | $7,578,861 | $7,721,129 | $8,256,363 | $9,003,431 |
| Restricted | 3,092,801 | 2,890,261 | 3,198,101 | 3,252,401 | 3,393,035 | 3,081,580 | 3,033,463 | 2,955,028 | 2,748,087 | 3,282,430 |
| Unrestricted | (10,347,536) | (9,892,301) | (9,860,745) | (10,221,724) | (13,109,338) | (16,262,181) | (20,008,143) | (20,540,145) | (21,567,824) | (22,743,802) |
| Total Primary Government Net Position | $(1,783,544) | $(1,395,255) | $(788,041) | $(246,645) | $(2,209,637) | $(5,071,833) | $(9,395,819) | $(9,863,988) | $(10,563,374) | $(10,457,941) |
Notes: The governmental activities have a deficit in unrestricted net asset mainly
because the State recognized in the Statement of
Net Assets the following long-term obligations:
1. General obligation bonds which were issued to finance various grant
programs of the State, such as school construction and municipal aid.
2. Other long-term obligations which the State has partially funded or not
funded. For example, net pension obligation, compensated absences obligation, etc.
3. 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 have been restated to reflect
this change.