General Fund Balance

Below you find the annual General Fund Balance Reports

June 30, 2018
General Fund Balance, June 30, 2017     $258,549,955
Add:      
2018 Estimated Revenues     17,019,138,819
Adjustments to Revenues (See detail)     14,014,857
Reimbursement from reserve for Tax Credits     21,761,071
Other Adjustments to Revenue - 2018 Session      
  Transfer from other funds (See detail)     9,000,000
        
       
Deduct:      
2018 General Fund Appropriations      
 Appropriated by 2017 General Assembly   $17,240,318,114  
  Board of Public Works Reductions   (60,978,555)  
  Deficiency Appropriations   46,615,069  
  Legislative Reductions   (5,471,673)  
  Specific Reversions (See detail)   (54,612,704)  
  Estimated Agency Reversions   (35,000,000)  
Net Appropriations     (17,130,870,251)
 
Estimated 2018 General Fund Balance     191,594,451
Add:      
Total Net Revenues and Transfers $17,407,350,206    
 
Excess of Actual Revenues over Estimates and Adjustments   339,337,935  
Excess of Actual Transfers over Estimates   4,097,524  
       
Add:      
Estimated Reversions (in estimate above) (89,612,704)    
Amount to be Reverted 144,173,090    
 
Excess of Actual Reversions over Estimates   54,560,386  
      397,995,845
Total General Fund Balance     $589,590,296
Deduct:      
General Fund Balance Reserved for 2019 Operations   191,594,450  
Minus 2019 Estimated Surplus   (105,840,167)  
       
Reserved     85,754,283
2018 Unassigned General Fund Balance     $503,836,013
Updated: 2018-09-04
June 30, 2017
General Fund Balance, June 30, 2016     384,503,037
 
Add:      
2017 Estimated Revenues     16,586,016,737
Adjustments to Revenues (see detail)     22,388,000
Reimbursement from reserve for Tax Credits     29,475,000
Other Adjustments to Revenue - 2017 Session      
  Transfer from other funds (See detail)     32,500,000
  Transfer from Revenue Stabilization Account     170,000,000
       
Deduct:      
2017 General Fund Appropriations      
 Appropriated by 2016 General Assembly   17,288,781,941  
  Specific Reversions (See detail)   (125,788,821)  
  Estimated Agency Reversions   (30,000,000)  
Net Appropriations     (17,132,993,120)
 
Estimated 2017 General Fund Balance     91,889,654
Add:      
Total Net Revenues and Transfers 16,932,945,175    
 
Excess of Actual Revenues over Estimates and Adjustments   90,302,674  
Excess of Actual Transfers over Estimates   2,262,764  
       
Add:      
Estimated Reversions (in estimate above) (155,788,821)    
Amount to be Reverted 229,883,684    
 
Excess of Actual Reversions over Estimates   74,094,863  
      166,660,301
Total General Fund Balance     258,549,955
Deduct:      
General Fund Balance Reserved for 2018 Operations   91,889,654  
 
Minus 2018 Estimated Surplus   (89,684,940)  
Reserved     2,204,714
2017 Unassigned General Fund Balance     256,345,241
Updated: 2017-09-15
June 30, 2016
General Fund Balance, June 30, 2015     320,393,038
 
2016 Estimated Revenues     16,444,507,075
Adjustments to Revenues     3,600,000
Reimbursement from reserve for Tax Credits     18,306,619
Other Adjustments to Revenue:      
  Transfer from other funds - 2015 Session     4,500,000
       
2016 General Fund Appropriations:      
 Appropriated by 2015 General Assembly   16,434,206,830  
  Deficiency Appropriations   207,264,261  
  Specific Reversions   (371,522,366)  
  Estimated Agency Reversions   (30,000,000)  
Net Appropriations     (16,239,948,725)
 
Estimated 2016 General Fund Balance     551,358,007
Add:      
Total Net Revenues and Transfers 16,220,391,056    
 
Excess (deficiency) of Actual Revenues
over (under) Estimates and Adjustments		   (250,110,735)  
Excess (deficiency) of Actual Revenues
over (under) Estimates		   (411,903)  
       
Deduct:      
Estimated Reversions (in estimate above) (401,522,366)    
Amount to be Reverted 485,190,034    
 
Excess of Actual Reversions over Estimates   83,667,668  
      (166,854,970)
Total General Fund Balance     384,503,037
Deduct:      
General Fund Balance Reserved for 2017 Operations   551,358,007  
 
Minus 2017 Estimated Balance   (363,319,078)  
Reserved     188,038,929
Unassigned General Fund Balance     196,464,108
Updated: 2016-09-18
June 30, 2015
General Fund Balance, June 30, 2014     147,557,417
 
2015 Estimated Revenues     15,691,891,844
Adjustments to Revenues     16,556,920
Reimbursement from reserve for Tax Credits     17,560,000
Other Adjustments to Revenue:      
  Transfer from other funds - 2015 Session     143,482,741
       
2015 General Fund Appropriations:      
 Appropriated by 2014 General Assembly   15,806,825,957  
  Deficiency Appropriations   187,811,770  
  Specific Reversions   (291,538)  
  Estimated Agency Reversions   (30,000,000)  
Net Appropriations     (15,964,346,189)
 
Estimated 2015 General Fund Balance     52,702,733
Add:      
Total Net Revenues and Transfers 16,083,519,906    
 
Excess (deficiency) of Actual Revenues
over (under) Estimates and Adjustments		   214,113,771  
Excess (deficiency) of Actual Revenues
over (under) Estimates		 (85,370) (85,370)  
       
Deduct:      
Estimated Reversions (in estimate above) (30,291,538)    
Amount to be Reverted 83,953,442    
 
Excess of Actual Reversions over Estimates   53,661,904  
      267,690,305
Total General Fund Balance     320,393,038
Deduct:      
General Fund Balance Reserved for 2016 Operations   52,702,733  
 
Minus 2016 Estimated Balance   (27,645,487)  
Reserved     25,057,246
Unassigned General Fund Balance     295,335,792
Updated: 2015-09-14
June 30, 2014
General Fund Balance, June 30, 2013     501,897,613
 
2014 Estimated Revenues     15,103,901,944
Adjustments to Revenues     29,630,426
Reimbursement from reserve for Tax Credits     16,097,415
Other Adjustments to Revenue:      
  Transfer from other funds - 2014 Session     58,246,632
       
2014 General Fund Appropriations:      
 Appropriated by 2013 General Assembly   15,705,051,151  
  Deficiency Appropriations   (46,045,461)  
  Specific Reversions   (46,199,607)  
  Estimated Agency Reversions   (30,000,000)  
Net Appropriations     (15,582,806,083)
 
Estimated 2014 General Fund Balance     126,967,947
Add:      
Total Net Revenues and Transfers 15,184,167,724    
 
Excess (deficiency) of Actual Revenues
over (under) Estimates and Adjustments		   (27,351,077)  
Excess of Actual Transfers over Estimates   3,642,384  
       
Deduct:      
Estimated Reversions (in estimate above) (76,199,607)    
Amount to be Reverted 120,497,770    
 
Excess of Actual Reversions over Estimates   44,298,163  
      20,589,470
Total General Fund Balance     147,557,417
Deduct:      
General Fund Balance Reserved for 2015 Operations   126,967,947  
 
Minus 2015 Estimated Balance   (83,473,404)  
Reserved     43,494,543
Unassigned General Fund Balance     104,062,874
Updated: 20140905