Balance

Bonds

Bonds

Bonds

Authorized

Outstanding

Issued

Redeemed

Outstanding

Unissued Bonds

July 1,1960

During Year

During Year

June 30, 1961

June 30, 1961

STATE GENERAL

CONSTRUCTION LOANS ..

$136,494,000

$28,347,000

$11,404,000

$153,437,000

$68,984.000

LOCAL PUBLIC SCHOOL

CONSTRUCTION LOANS....

88,179,000

5,443,000

6,869,000

86,753,000

45,997,000

STATE HIGHWAY

CONSTRUCTION LOANS....

196,574,000

32,500,000

9,301,000

219,773,000

137,500,000

COUNTY HIGHWAY

CONSTRUCTION LOANS..

10,419,000

1,684,000

440,000

11,663,000

38,337,000

TOTAL........................

$431,666,000

$67,974,000

$28,014,000

$471,626,000

$290,818,000

Balance, July 1, 1960..............................................................................

$29,656,000

Plus — General Fund Revenue Receipts, Fiscal Year 1961............

227,751,000

Total Available................................................

$257,407,000

Less — Net Expenditures, Fiscal Year 1961

For Budgetary Operations..................................................

$228,352,000

To set up Revenue Deficiency Reserve............................

12,000,000

Total..............................................................

$240,352,000

Less — Cancellation of Prior Year Reserved Appropriations

530,000

239,822,000

GENERAL FUND SURPLUS, JUNE 30, 1961..............................

$17,585,000

Less — Reserves:

To supplement General Fund Receipts for Fiscal 1962

Budget...........................................................................

$11,280,000+

For Advances to Departments from General Fund....

1,753,000

13,033,000

UNAPPROPRIATED GENERAL FUND SURPLUS AS OF JUNE

30, 1961

$4,552,000