Special Revenue Funds
Special Revenue funds account for the proceeds of specific revenue sources (other than expendable trusts, major capital projects, and higher education sources) that are legally restricted for specified purposes. Significant Special Revenue Funds include the following:
Transportation Fund:
to account for motor vehicle taxes, receipts and
transportation related federal revenues collected for the purposes of payment of
debt service requirements and budgeted appropriations made to the Department of
Transportation. The Department of Transportation is responsible for all aspects
of the planning, development, maintenance, and improvement of transportation in
the state.
Workers' Compensation Administration:
to account for assessments collected for the purpose of covering the administrative costs of the Workers'
Compensation Commission.
Banking:
to account for monies collected from various banking
institutions throughout the state.
Consumer Counsel and Public Utility Control:
to account for monies collected from various public utility
companies.
Insurance:
to account for monies collected from authorized insurers
within the state.
Criminal Injuries Compensation:
to account for monies collected from the criminal injuries
board.
Regional Market Fund:
to account for rents and other monies collected for the
purpose of providing for the payment of expenses relating to the operation and
maintenance of the regional market.
Mashantucket Pequot and Mohegan Fund:
to account for casino gambling monies collected from the
Mashantucket Pequot Tribe and the Mohegan Tribe to be used for the purpose of
distribution to towns.
Soldiers, Sailors, and Marines Fund:
to account for interest earned for the purpose of furnishing
food, wearing apparel, medical or surgical care, or funeral expenses of
soldiers, sailors, and marines who served in any branch of military service.
Employment Security Administration:
to account for monies collected from various sources for the
purpose of defraying the cost of the administration of unemployment
compensation.
Grants and Loan Programs:
to account for monies collected for the purpose of giving
various grants to local governments, organizations, and individuals.
Environmental Programs:
to account for monies collected for the purpose of providing
funds for various environmental programs throughout the state.
Housing Programs:
to account for monies collected for the purpose of providing
funds for various housing programs throughout the state.