Deferred compensation benefits payable .

333,881

333,881

Deferred revenue ....................

13,639

$ 2,572

1,600

26,067

27,714

71,592

Loans from other funds ...............

11,274

11,274

Capital notes ........................

355

355

Notes payable .......................

62,503

62,503

Matured bonds and interest coupons

payable ...........................

3,004

3,004

Liabilities payable from restricted assets

22,044

22,044

Revenue bonds and other notes payable .

1,889,203

133,266

2,022,469

General obligation bonds payable .......

$2,005,360

2,005,360

Transportation bonds payable ..........

469,290

469,290

Accrued retirement costs ..............

367,628

52,381

420,009

Accrued workers' compensation costs ....

40,653

5,811

46,464

Accrued annual leave .................

105,182

105,182

Obligations under capital leases ........

45,372

45,694

91,066

Total liabilities .................

592,677

210,554

5,576

34,073

2,734,578

1,407,549

3,033,485

359,885

8,378,377

Commitments and contingencies (Notes 15

18, and 19 )

Equity and Other Credits:

Investment in fixed assets .............

$3,924,379

1,445,288

5,369,667

Capital:

Contributed capital .................

1,017,085

1,017,085

Capital deposits by members .........

144,224

144,224

Retained earnings:

Reserved ........................

3,416

3,416

Unreserved ......................

881,456

881,456

Fund balances:

Reserved for:

Encumbrances ....................

139,338

3,075

299,619

442,032

Loans and notes receivable .........

2,850

55,858

58,708

Loans to other funds ..............

1,445

9,829

11,274

Shore erosion loan program .........

14,254

14,254

Pension benefits ..................

9,090,704

9,090,704

Unemployment compensation benefits

643,566

643,566

Higher education programs .........

41,020

41,020

Endowment funds .................

41,387

41,387

Unreserved:

Designated for:

General long-term debt service ....

20,214

20,214

Transportation debt service .......

92,300

92,300

Agency activities ................

138,578

2,612

141,190

State reserve fund ...............

210,279

210,279

Emergency medical services system

19,889

19,889

Undesignated (deficit) ..............

373,642

113,692

(235,846)

23,173

274,661

Total equity and other credits .....

866,132

139,268

178,201

78,027

2,046,181

9,734,270

3,924,379

1,550,868

18,517,326

Total liabilities, equity and other credits . .

$1,458,809

$349,822

$183,777

$112,100

$4,780,759

$11,141,819

$3,924,379

$3,033,485

$1,910,753

$26,895,703