| Net Position by Component | ||||||||||
| Last Ten Fiscal Years | ||||||||||
| (Expressed in Thousands) | ||||||||||
| 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Governmental Activities: | ||||||||||
| Net Invested in Capital Assets | $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 | $5,776,818 |
| Restricted | 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 | 1,795,757 |
| Unrestricted | (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) | (25,065,007) |
| Total Governmental Activities Net Position | $(5,390,623) | $(5,076,002) | $(4,843,637) | $(6,887,929) | $(9,569,190) | $(13,673,045) | $(14,049,710) | $1,753,000 | $(15,091,976) | $(17,492,432) |
| Business-Type Activities: | ||||||||||
| Net Invested in Capital Assets | $2,204,461 | $2,303,600 | $2,345,553 | $2,465,734 | $2,499,175 | $2,544,919 | $2,677,999 | $2,810,724 | $3,029,092 | $3,169,151 |
| Restricted | 1,478,671 | 1,606,661 | 1,769,958 | 1,649,200 | 1,359,459 | 1,157,139 | 1,051,544 | 995,806 | 898,180 | 1,065,211 |
| Unrestricted | 83,855 | 140,071 | 235,022 | 306,755 | 373,035 | 302,435 | 171,738 | 360,131 | 391,597 | 546,492 |
| Total Business-Type Activities Net Position | $3,766,987 | $4,050,332 | $4,350,533 | $4,421,689 | $4,231,669 | $4,004,493 | $3,901,281 | $4,166,661 | $4,318,869 | $4,780,854 |
| Primary Government: | ||||||||||
| Net Invested in Capital Assets | $5,499,349 | $5,772,745 | $6,614,591 | $7,396,483 | $7,998,777 | $7,455,097 | $7,583,024 | $8,116,164 | $8,853,783 | $8,945,969 |
| Restricted | 2,803,604 | 3,103,354 | 3,154,896 | 3,290,577 | 2,977,185 | 2,934,919 | 2,861,417 | 2,643,596 | 3,181,080 | 2,860,968 |
| Unrestricted | (9,926,589) | (9,901,769) | (10,262,591) | (13,153,300) | (16,313,483) | (20,058,568) | (20,592,870) | (21,623,963) | (22,807,970) | (24,518,515) |
| Total Primary Government Net Position | $(1,623,636) | $(1,025,670) | $(493,104) | $(2,466,240) | $(5,337,521) | $(9,668,552) | $(10,148,429) | $(10,864,203) | $(10,773,107) | $(12,711,578) |
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 2014, the Connecticut Lottery Corporation, a major
Enterprise fund, was reclassified as a major component unit. Business-type
activities for the fiscal years prior to 2014 have been restated to reflect
this change.