Monthly Letter to the Governor - STATE OF CONNECTICUT TRANSPORTATION FUND ANALYSIS OF UNAPPROPRIATED SURPLUS AS OF FEBRUARY 28, 1998

Monthly Letter to the Governor - STATE OF CONNECTICUT TRANSPORTATION FUND ANALYSIS OF UNAPPROPRIATED SURPLUS AS OF FEBRUARY 28, 1998 - Exhibit F

STATE OF CONNECTICUT TRANSPORTATION FUND
ANALYSIS OF UNAPPROPRIATED SURPLUS
AS OF FEBRUARY 28, 1998
(In Thousands)
				Exhibit F

		Budgetary	Other
	Budget	Increases	Increases	Revised
	Plan	(Decreases)	(Decreases)	Estimates

BUDGETED REVENUE - EXHIBIT G
Taxes	$ 515,300	$ (5,500)	$ -	$ 509,800
Other Revenue	311,600	12,550	-	324,150

Total Budgeted Revenue	826,900	7,050	-	833,950


APPROPRIATIONS - EXHIBIT H
Budgeted Appropriations	869,735	-	100	869,835
Continued from Prior Year	(19,564)	-	-	(19,564)

Current Year Appropriations	850,171	-	100	850,271

Estimated Lapses	(20,418)	(9,639)	-	(30,057)
Restricted Grants Affecting Surplus	-	-	-	-

Net Appropriations	829,753	(9,639)	100	820,214

Surplus from Operations	(2,853)	16,689	(100)	13,736

Miscellaneous Adjustments	-	-	(52)	(52)

Surplus, July 1, 1997 (See Note)	106,800	7,821	(94,621)	20,000

Projected Surplus, June 30, 1998	$ 103,947	$ 24,510	$ (94,773)	$ 33,684
Note: Pursuant to Section 3 of P.A. 97-309, only $20 million of 1996/97's surplus of $114.6 million will be available in 1997/98. The remaining balance of $94.6 million has been appropriated to the State Treasurer to defease bonds.