Fiscal Year 2023 - 2025

Fiscal Year 2023 - 2025 Financial Statements

Fiscal Year 2025 Projected Financial Statement

Financial Statement for the fiscal year July 1, 2024 through June 30, 2025, projected based on the Governor's Budget Recommendation.

All Funds 
CNS Funds 
Non CNS Funds 
Revenue and Other Sources
Beginning Balances
Reserved or Designated Balances
80.4
67.5
12.9
Stabilization Fund Balance
8,956.4
0
8,956.4
Undesignated Balance
1,026.1
0
1,026.1
Subtotal, Beginning Balances
10,062.9
67.5
9,995.5
Current Year Revenues and Other Sources
Total Tax Revenue
38,889.1
38,888.2
0.9
Annual Contribution to State Pension System
(4,499.9)
(4,499.9)
0
Non-Tax Revenue
Federal Reimbursements & Grants
14,301.5
14,293.1
8.4
Departmental Revenue
6,258.2
6,245.9
12.3
Consolidated Transfers
4,140.8
2,991.4
1,149.4
Intragovernmental Service Charges
787.0
0
787.0
Subtotal, Non-Tax Revenue
25,487.6
23,530.5
1,957.1
Subtotal, Current Year Revenues and Other Sources
59,876.8
57,918.8
1,958.0
Subtotal, Revenue and Other Sources
69,939.8
57,986.3
11,953.5
Expenditures and Other Uses
Expenditures and Other Uses
Total Spending
58,858.4
56,433.0
2,425.4
Interfund Transfers & Non-Appropriated Spending
1,221.6
1,217.7
3.8
Reversion Assumption
0
0
0
Reserved for CBAs
200.0
200.0
0
Reserved Fund Balances
143.4
130.5
12.9
Subtotal, Expenditures and Other Uses
60,423.4
57,981.3
2,442.1
Undesignated Fund Balances
9,516.4
5.0
9,511.4
Fund Balance Transfers
0
0
0
Pending Revenue and Spending Adjustments
0
0
0
Consolidated Net Surplus
9,516.4
5.0
9,511.4
Ending Balances
Reserved or Designated Balances
143.4
130.5
12.9
Stabilization Fund Balance
9,053.2
0
9,053.2
Undesignated Balance
463.1
5.0
458.1
Subtotal, Ending Balances
9,659.8
135.5
9,524.3
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Fiscal Year 2024 Projected Financial Statement

Financial Statement for the fiscal year July 1, 2023 through June 30, 2024, based on actual expenditures and projected for the remainder of the fiscal year.

All Funds 
CNS Funds 
Non CNS Funds 
Revenue and Other Sources
Beginning Balances
Reserved or Designated Balances
1,579.0
1,564.9
14.2
Stabilization Fund Balance
8,036.1
0
8,036.1
Undesignated Balance
1,467.4
0
1,467.4
Subtotal, Beginning Balances
11,082.5
1,564.9
9,517.7
Current Year Revenues and Other Sources
Total Tax Revenue
37,086.1
37,085.2
0.9
Annual Contribution to State Pension System
(4,104.6)
(4,104.6)
0
Non-Tax Revenue
Federal Reimbursements & Grants
13,875.3
13,866.7
8.6
Departmental Revenue
6,733.0
6,331.2
401.7
Consolidated Transfers
4,359.9
2,807.0
1,553.0
Intragovernmental Service Charges
736.9
0
736.9
Subtotal, Non-Tax Revenue
25,705.1
23,004.9
2,700.2
Subtotal, Current Year Revenues and Other Sources
58,686.6
55,985.5
2,701.1
Subtotal, Revenue and Other Sources
69,769.1
57,550.4
12,218.8
Expenditures and Other Uses
Expenditures and Other Uses
Total Spending
58,486.5
56,267.1
2,219.4
Interfund Transfers & Non-Appropriated Spending
1,589.6
1,585.8
3.8
Reversion Assumption
(200.0)
(200.0)
0
9C Spending Adjustment
(375.0)
(375.0)
0
Reserved for CBAs
200.0
200.0
0
Reserved Fund Balances
80.4
67.5
12.9
Subtotal, Expenditures and Other Uses
59,781.6
57,545.4
2,236.2
Undesignated Fund Balances
9,987.6
5.0
9,982.6
Fund Balance Transfers
0
0
0
Pending Revenue and Spending Adjustments (9Cs)
0
0
0
Consolidated Net Surplus
9,987.6
5.0
9,982.6
Ending Balances
Reserved or Designated Balances
80.4
67.5
12.9
Stabilization Fund Balance
8,956.4
0
8,956.4
Undesignated Balance
1,031.2
5.0
1,026.2
Subtotal, Ending Balances
10,068.0
72.5
9,995.5
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Fiscal Year 2023 Financial Statement

Financial Statement for the fiscal year July 1, 2022 through June 30, 2023.

All Funds 
Revenue and Other Sources
Beginning Balances
Reserved or Designated Balances
6,076.0
Stabilization Fund Balance
6,938.0
Undesignated Balance
386.0
Subtotal, Beginning Balances
13,400.6
Current Year Revenues and Other Sources
Total Tax Revenue
33,704.0
Annual Contribution to State Pension System
(3,744.0)
Non-Tax Revenue
Federal Reimbursements & Grants
15,224.8
Departmental Revenue
6,082.0
Consolidated Transfers
2,403.7
Intragovernmental Service Charges
528.9
Subtotal, Non-Tax Revenue
24,239.4
Subtotal, Current Year Revenues and Other Sources
54,199.3
Subtotal, Revenue and Other Sources
67,599.9
Expenditures and Other Uses
Expenditures and Other Uses
Total Spending
54,656.7
Interfund Transfers
500.2
Reserved Fund Balances
1,579.0
Subtotal, Expenditures and Other Uses
56,735.9
Ending Balances
Reserved or Designated Balances
1,579.0
Stabilization Fund Balance
8,036.1
Undesignated Balance
1,467.4
Subtotal, Ending Balances
11,082.5
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