Monthly Letter to the Governor - STATE OF CONNECTICUT GENERAL FUND BALANCE SHEET JUNE 30, 1998 - Exhibit A
TENTATIVE REPORT - SUBJECT TO ACCRUALS AND ADJUSTMENTS
STATE OF CONNECTICUT GENERAL FUND
BALANCE SHEET
JUNE 30, 1998Exhibit A
(In Thousands)
ASSETS
Cash and Short Term Investments $ 83,008
Federal and Other Grants Receivable 73,620
Investments 44,250
Unrealized Revenue - Exhibit C 1,162,864
Total Assets $ 1,363,742
LIABILITIES, RESERVES, APPROPRIATIONS AND SURPLUS
Deferred Federal and Other Grant Revenue $ 190,273
Reserve for Petty Cash 1,052
Appropriations to be Continued - Exhibit D 867,858
Unappropriated Surplus - Exhibit B (Note 1) 304,559
Total Liabilities, Reserves, Appropriations and Surplus $ 1,363,742

Note 1:

Per section 4-30a of the Connecticut General Statutes, $161.7 million of the unappropriated surplus will be transferred to the Budget Reserve Fund to fill the fund to its statutory level of 5% of net General Fund appropriations for the 1999 fiscal year. The remaining $142.9 million will be used for the reduction of bonded indebtedness per Article XXVIII of the State Constitution.

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