General Fund Balance

General Fund Balance

June 30, 2019
General Fund Balance, June 30, 2018     $589,590,296
 
Add:      
2019 Estimated Revenues (Board of Revenue Estimates March 2019)     17,931,825,375
Adjustments to Revenues (See detail)     50,580,297
Reimbursement from reserve for Tax Credits     23,291,975
Other Adjustments to Revenue - 2018 Session      
  Transfer from other funds (See detail)      
        
       
Deduct:      
2019 General Fund Appropriations      
  Appropriated by 2018 General Assembly   $17,908,914,162  
  Board of Public Works Reductions      
  Deficiency Appropriations   52,079,072  
  Legislative Reductions   (48,894,918)  
  Specific Reversions (See detail)      
  Estimated Agency Reversions   (35,000,000)  
Net Appropriations     (17,877,098,316)
 
Estimated 2019 General Fund Balance     718,189,627
Add:      
Total Net Revenues and Transfers $18,217,676,761    
 
Excess of Actual Revenues over Estimates and Adjustments   216,633,130  
Excess of Actual Transfers over Estimates   (4,654,015)  
       
Add:      
Estimated Reversions (in estimate above) (35,000,000)    
Amount to be Reverted 79,019,838    
 
Excess of Actual Reversions over Estimates   44,019,838  
      255,998,953
Total General Fund Balance     $974,188,580
Deduct:      
General Fund Balance Reserved for 2020 Operations   718,234,627  
Minus 2019 Estimated Surplus   (95,485,196)  
       
Reserved     622,749,431
2019 Unassigned General Fund Balance     $351,439,149