Statement of Revenues, Expenditures, and Changes in Fund Balances
Budget and Actual - Non-GAAP Budgetary Basis
General and Transportation Funds
For the Fiscal Year Ended June 30, 2011
(Expressed in Thousands)
| General Fund | Transportation Fund | |||||||
|---|---|---|---|---|---|---|---|---|
|
Variance with |
Variance with |
|||||||
| Budget |
Final Budget |
Budget |
Final Budget |
|||||
| Revenues | Original | Final | Actual |
positive (negative) |
Original | Final | Actual |
positive (negative) |
| Revenues | ||||||||
| Budgeted: | ||||||||
| Taxes, Net of Refunds | $10,921,670 | $11,976,000 | $12,049,467 | $73,467 | $713,400 | $713,700 | $713,999 | $299 |
| Operating Transfers In | 397,400 | 388,500 | 388,412 | (88) | 107,600 | 107,600 | 107,550 | (50) |
| Casino Gaming Payments | 365,800 | 359,600 | 359,581 | (19) | - | - | - | - |
| Licenses, Permits, and Fees | 235,400 | 250,400 | 250,442 | 42 | 362,500 | 361,100 | 355,597 | (5,503) |
| Other | 307,300 | 392,400 | 372,034 | (20,366) | 15,000 | 5,500 | 5,506 | 6 |
| Federal Grants | 4,256,000 | 4,214,000 | 4,235,178 | 21,178 | 5,800 | 9,300 | 9,360 | 60 |
| Refunds of Payments | (900) | (1,900) | (1,875) | 25 | (2,500) | (3,000) | (3,005) | (5) |
| Operating Transfers Out | (61,800) | (61,800) | (61,800) | - | (6,500) | (6,500) | (6,500) | - |
| Transfer to the Resources of the General Fund | 1,246,500 | 565,700 | 116,015 | (449,685) | - | - | - | - |
| Transfer Out - Transportation Strategy Board | - | - | - | - | (15,300) | (15,300) | (15,300) | - |
| Total Revenues | 17,667,370 | 18,082,900 | 17,707,454 | (375,446) | 1,180,000 | 1,172,400 | 1,167,207 | (5,193) |
| Expenditures | ||||||||
| Budgeted: | ||||||||
| Legislative | 80,543 | 80,543 | 66,109 | 14,434 | - | - | - | - |
| General Government | 509,154 | 518,598 | 476,090 | 42,508 | 2,717 | 2,717 | 1,078 | 1,639 |
| Regulation and Protection | 277,931 | 292,614 | 261,670 | 30,944 | 67,795 | 67,795 | 54,500 | 13,295 |
| Conservation and Development | 133,030 | 133,398 | 123,919 | 9,479 | - | - | - | - |
| Health and Hospitals | 1,725,236 | 1,790,004 | 1,715,670 | 74,334 | - | - | - | - |
| Transportation | 609 | 609 | - | 609 | 531,390 | 544,575 | 532,631 | 11,944 |
| Human Services | 5,205,006 | 5,483,807 | 5,387,535 | 96,272 | - | - | - | - |
| Education, Libraries, and Museums | 4,084,068 | 4,084,412 | 4,060,466 | 23,946 | - | - | - | - |
| Corrections | 1,503,312 | 1,542,853 | 1,484,460 | 58,393 | - | - | - | - |
| Judicial | 552,508 | 567,008 | 559,912 | 7,096 | - | - | - | - |
| Non Functional | 4,013,592 | 3,981,566 | 3,709,293 | 272,273 | 627,958 | 614,773 | 578,421 | 36,352 |
| Total Expenditures | 18,084,989 | 18,475,412 | 17,845,124 | 630,288 | 1,229,860 | 1,229,860 | 1,166,630 | 63,230 |
| Appropriations Lapsed | 296,344 | 426,300 | - | (426,300) | 11,000 | 22,800 | - | (22,800) |
| Excess (Deficiency) of Revenues | ||||||||
| Over Expenditures | (121,275) | 33,788 | (137,670) | (171,458) | (38,860) | (34,660) | 577 | 35,237 |
| Other Financing Sources (Uses) | ||||||||
| Prior Year Appropriations Carried Forward | 121,475 | 121,475 | 121,475 | - | 41,977 | 41,977 | 41,977 | - |
| Appropriations Continued to Fiscal Year 2012 | - | - | (200,985) | (200,985) | - | - | (40,553) | (40,553) |
| Transfer of 2010 Fiscal Year Surplus | - | - | 449,869 | 449,869 | ||||
| Miscellaneous Adjustments | - | 4,233 | 4,234 | 1 | - | - | - | - |
| Total Other Financing Sources (Uses) | 121,475 | 125,708 | 374,593 | 248,885 | 41,977 | 41,977 | 1,424 | (40,553) |
| Net Change in Fund Balance | $200 | $159,496 | 236,923 | $77,427 | $3,117 | $7,317 | 2,001 | $(5,316) |
| Budgetary Fund Balances - July 1 | 572,182 | 147,341 | ||||||
| Changes in Reserves | (366,964) | (1,423) | ||||||
| Budgetary Fund Balances - June 30 | $442,141 | $147,919 | ||||||
| The accompanying notes are an integral part of the financial statements. | ||||||||
The accompanying notes are an integral part of the financial statements.