The following is a summary of changes in long-term debt for the year ended June 30, 1995:
| Balance July 1, 1994 | Issuances, and Other Increases |
Retirements and Other Decreases |
Increase (Decrease) Accreted Value | Balance June 30, 1995 | |
|---|---|---|---|---|---|
| General Obligation Notes | $ 555,610 | $ - | $ 239,900 | $ - | $ 315,710 |
| General Obligation Bonds | 5,062,539 | 818,476 | 409,231 | 52,963 | 5,524,747 |
| Transportation Related Bonds |
2,865,166 | 325,169 | 200,325 | 1,309 | 2,991,319 |
| Unemployment Compensation | |||||
| Bonds | 1,020,700 | - | 30,000 | - | 990,700 |
| Unfunded Pension Costs | 4,891,799 | 755,683 | 440,734 | - | 5,206,748 |
| Compensated Absences |
267,052 | 6,705 | 16,573 | - | 257,184 |
| Worker's Compensation |
294,799 | 51,875 | 59,720 | - | 286,954 |
| Capital Leases | 55,226 | 11,234 | 10,909 | - | 55,551 |
| Claims and Judgements |
- | 25,115 | - | - | 25,115 |
| Interfund Payables | - | 22,687 | - | - | 22,687 |
| Total General Long-Term Debt Account Group |
$15,012,891 | $2,016,944 | $1,407,392 | $ 54,272 | $15,676,715 |
The Combined Statement of Revenues, Expenditures and Changes in Fund Balances - All Governmental Fund Types reflects the net proceeds from the sale of bonds and notes in the amount of $1,130.4 million. This amount includes discounts on the sale of certain bonds and accrued interest received at the time of sale in the amount of $1.8 million. Additionally, the $818.5 million of issuances and other increases for general obligation bonds includes $11.4 million of bonds issued by the Connecticut Development Authority (CDA) for which the State of Connecticut has agreed to pay the principal and interest.
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