Fiscal Year 2007 Projected Financial Statement


Fiscal Year 2007 Projected Financial Statement - Budgeted Funds (in millions)
All Funds General Fund Highway Fund Stabil. Fund Other Funds
Fiscal Year 2007 Beginning Balances 
Undesignated Fund 106.2 1,183.5 (1,083.1) 0.0 5.8
Stabilization Fund 2,154.7 0.0 0.0 2,154.7 0.0
Tax Reduction Fund 0.0 0.0 0.0 0.0 0.0
Reserved or Designated Fund 947.2 903.4 12.1 0.0 31.7
Subtotal, FY07 Beginning Balances 3,208.1 2,086.9 (1,071.0) 2,154.7 37.6
Revenues and Other Sources 
Taxes 16,673.4 16,019.4 594.0 0.0 60.0
Federal Reimbursements 6,045.8 6,037.7 2.3 0.0 5.9
Departmental Revenue 2,046.6 1,559.4 410.6 70.0 6.7
Consolidated Transfers 884.6 921.8 (37.3) 0.0 0.1
Subtotal, FY07 Revenues 25,650.4 24,538.2 969.5 70.0 72.7
Total, FY07 Available Resources 28,858.6 26,625.1 (101.4) 2,224.7 110.2
Expenditures and Uses 
Direct Appropriations 24,333.4 23,280.3 972.1 0.0 81.0
Balances Forward for Continuing Appropriations 934.9 902.3 1.4 0.0 31.2
Authorized Spending from Retained Revenue 452.6 442.0 10.6 0.0 0.0
Lottery to Cities and Towns 920.0 920.0 0.0 0.0 0.0
Contingency Reserve 280.8 280.1 0.8 0.0 0.0
Unspent Appropriations Continued to FY08 0.0 0.0 0.0 0.0 0.0
Anticipated Reversions (440.2) (440.2) 0.0 0.0 0.0
Total, FY07 Expenditures 26,481.6 25,384.5 984.9 0.0 112.2
End of Fiscal Year Reserved Balances 
Reserved for Continuing Appropriations 0.0 0.0 0.0 0.0 0.0
Designated for Debt Service 10.7 0.0 10.7 0.0 0.0
Budgeted Inter-Fund Transfers 0.0 0.0 0.0 0.0 0.0
Non-Budgeted Fund Transfers 0.0 0.0 0.0 0.0 0.0
FY07 Undesignated Fund Balance 2,366.3 1,240.6 (1,097.0) 2,224.7 (2.0)
Balances Reserved in Other Budgeted Funds (2,240.7) 0.0 0.0 2,224.7 16.0
Statutory Carry Forward to FY08 96.5 0.0 0.0 0.0 0.0
FY07 Surplus 29.1 0.0 0.0 0.0 0.0
Fiscal Year 2007 Ending Balances 
Undesignated Fund Balance 112.5 1,248.0 (1,133.3) 0.0 (2.1)
Stabilization Fund Balance 2,253.8 0.0 0.0 2,253.8 0.0
Tax Reduction Fund 0.0 0.0 0.0 0.0 0.0
Reserved or Designated Fund Balance 10.7 0.0 10.7 0.0 0.0
Totals, FY07 Ending Balances 2,377.0 1,248.0 (1,122.6) 2,253.8 (2.1)