Notes to the Financial Statements
June 30, 2007
Note 6 Taxes Receivable
Taxes receivable consisted of the following as of June 30, 2007 (amounts in thousands):
| Governmental Activities | |||
|---|---|---|---|
| General | Transportation | ||
| Fund | Fund | Total | |
| Sales and Use | $ 432,757 | $ - | $ 432,757 |
| Income Taxes | 585,747 | - | 585,747 |
| Corporations | 136,108 | - | 136,108 |
| Gasoline and Special Fuel | - | 43,242 | 43,242 |
| Various Other | 252,456 | - | 252,456 |
| Total Taxes Receivable | 1,407,068 | 43,242 | 1,450,310 |
| Allowance for Uncollectibles | (81,933) | (1,097) | (83,030) |
| Taxes Receivable, Net | $ 1,325,135 | $ 42,145 | $ 1,367,280 |