| Reconciliation of Governmental Funds Balance Sheet | |||
|---|---|---|---|
| to the Statement of Net Position | |||
| June 30, 2015 | |||
| (Expressed in Thousands) | |||
| Total Fund Balance - Governmental Funds | $2,109,413 | ||
| Net assets reported for governmental activities in the Statement of Net Position | |||
| Capital assets used in governmental activities are not financial resources | |||
| and therefore are not reported in the funds. These assets consist of: | |||
| Buildings | 4,296,546 | ||
| Equipment | 2,593,268 | ||
| Infrastructure | 14,307,362 | ||
| Other Capital Assets | 5,836,359 | ||
| Accumulated Depreciation | (14,059,739) | 12,973,796 | |
| Some of the state's revenues will be collected after year-end but are not | |||
| available soon enough to pay for the current period's expenditures and | |||
| therefore are deferred inflows of resources in the governmental funds. | 472,917 | ||
| Deferred Inflows of resources are not reported in the governmental funds: | |||
| Related to pensions | (1,423,296) | ||
| Internal service funds are used by management to charge the costs of | |||
| certain activities to individual funds. The assets and liabilities of the internal | |||
| service funds are included in governmental activities in the Statement of | |||
| Net Position. | 53,069 | ||
| Deferred outflows of resources are not reported in the governmental funds: | |||
| Amount on refunding of bonded debt | 96,600 | ||
| Related to pensions | 2,360,827 | 2,457,427 | |
| Long-term liabilities are not due and payable in the current period and therefore | |||
| are not reported in the funds (Note 17). | |||
| Net Pension Liability | (24,568,279) | ||
| Net OPEB Obligation | (8,982,926) | ||
| Worker's Compensation | (651,184) | ||
| Capital Leases | (35,368) | ||
| Compensated Absences | (497,595) | ||
| Claims and Judgments | (75,587) | ||
| Landfill Postclosure Care | (35,185) | (34,846,124) | |
| Long-term bonded debt is not due and payable in the current period and | |||
| therefore is not reported in the funds. Unamortized premiums, loss on | |||
| refundings, and interest payable are not reported in the funds. However, | |||
| these amounts are included in the Statement of Net Position. This is the net | |||
| effect of these balances on the statement (Note 17). | |||
| Bonds and Notes Payable | (21,012,352) | ||
| Unamortized Premiums | (1,417,172) | ||
| Accrued Interest Payable | (192,795) | (22,622,319) | |
| $(40,825,117) | |||
The accompanying notes are an integral part of the financial statements.