BONDED DEBT ACCOUNTS
FISCAL YEAR 1962
|
Balance
|
Bonds
|
Bonds
|
Bonds
|
Authorized
|
|
Outstanding
|
Issued
|
Redeemed
|
Outstanding
|
Unissued Bonds
|
|
July 1,1961
|
During Year
|
During Year
|
June 30, 1962
|
June 30, 1962
|
STATE GENERAL
|
|
|
|
|
|
CONSTRUCTION LOANS..
|
$153,437,000
|
$24,009,000
|
$12,478,000
|
$164,968,000
|
$83,166,000
|
LOCAL PUBLIC SCHOOL
|
|
|
|
|
|
CONSTRUCTION LOANS..
|
86,753,000
|
20,636,000
|
7,327,000
|
100,062,000
|
25,361,000
|
STATE HIGHWAY
|
|
|
|
|
|
CONSTRUCTION LOANS-
|
219,773,000
|
27,500,000
|
10,401,000
|
236,872,000
|
110,000,000
|
COUNTY HIGHWAY
|
|
|
|
|
|
CONSTRUCTION LOANS-
|
11,663,000
|
3,292,000
|
600,000
|
14,355,000
|
35,045,000
|
TOTAL....................
|
$471,626,000
|
$75,437,000
|
S 30,806,000
|
$516,257,000
|
$253,572,000
|
GENERAL FUND SURPLUS ACCOUNT—FISCAL YEAR 1962
Balance, July 1, 1961 .............................................................................
|
|
$17,585,000
|
Plus — General Fund Revenue Receipts, Fiscal Year 1962................
|
|
252,344,000
|
Total Available ..............................................
|
|
$269,929,000
|
Less — Net Expenditures, Fiscal Year 1962
|
|
|
For Budgetary Operations, Fiscal 1962..........................
|
$246,965,000
|
|
Deduct — Cancellation of Prior Year Reserved
|
|
|
Appropriations ..............................................................
|
$ 1,240,000
|
245,725,000
|
GENERAL FUND SURPLUS, JUNE 30, 1962..............................
|
|
$24,204,000
|
Less — Reserves :
|
|
|
To supplement General Fund Receipts for Fiscal 1963
|
|
|
Budget ............................................................................
|
$11,560,000 §
|
|
For Advances to Departments from General Fund......
|
1,734,000
|
13,294,000
|
UNAPPROPRIATED GENERAL FUND SURPLUS AS OF JUNE
|
30, 1962........................
|
$10,910,000
|
§ Estimated General Fund expenditures for Fiscal 1963 were $272,003,000 whereas estimated General Fund revenues for Fiscal 1963
were $254,443,000 leaving a revenue deficiency of $17,560,000. The Legislature used $6,000,000 from the $12,000,000 Revenue De-
ficiency Fund and allocated $11,560,000 from General Fund Surplus as of June 30, 1962 to balance the budget.
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