As of June 30, 2003, the beginning net assets/fund balances for the following funds and activities were restated as follows (amounts in thousands):
| Correction | ||||
|---|---|---|---|---|
| Balance | of | Balance | ||
| 6-30-02 | Reported | 6-30-02 | ||
| Previously | Fund | Assets/ | as | |
| Reported | Reclass | Liabilities | Restated | |
| Governmental Funds and Activities | ||||
| Major Funds: | ||||
| Debt Service | $ 670,771 | $ - | $ 4,931 | $ 675,702 |
| Total Governmental Funds | $ 670,771 | - | 4,931 | $ 675,702 |
| Governmental Activities | ||||
| Net assets of Internal Service Funds | 32,729 | - | (442) | 32,287 |
| Deferred Debit on Bond Refundings | 60,793 | - | 7,895 | 68,688 |
| Net Assets of Governmental Activities | $ (4,616,959) | $ - | $ 12,384 | $ (4,604,575) |
| Proprietary Funds and Business-Type Activities | ||||
| Major Funds: | ||||
| Higher Education | $ 2,401,539 | $ - | $ 9,392 | $ 2,410,931 |
| Second Injury | (96,075) | 96,075 | - | - |
| Clean Water | 464,138 | (359) | - | 463,779 |
| Non-Major funds: | ||||
| Second Injury | - | (96,075) | - | (96,075) |
| Drinking Water | 38,495 | 359 | - | 38,854 |
| Unadjusted Fund | (8,519) | - | - | (8,519) |
| Total Non-Major Funds | 29,976 | (95,716) | - | (65,740) |
| Total Proprietary Funds | $ 2,799,578 | - | 9,392 | $ 2,808,970 |
| Business-Type Activities | ||||
| Net Assets of Business-Type Activities | $ 3,800,033 | $ - | $ 9,392 | $ 3,809,425 |
| Component Units | ||||
| Connecticut Development Authority | $ 170,061 | $ (170,061) | $ - | $ - |
| Connecticut Resources Recovery Authority | 130,920 | - | (2,105) | 128,815 |
| Other Component Units | ||||
| Connecticut Development Authority | - | 170,061 | - | 170,061 |
| Unadjusted Component Units | 168,384 | - | - | 168,384 |
| Total Other Component Units | 168,384 | 170,061 | - | 338,445 |
| Net Assets of Component Units | $ 1,087,120 | $ - | $ (2,105) | $ 1,085,015 |