Deferred compensation benefits payable ....

475,354

475,354

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

32,516

$ 2,980

20,744

40,116

96,356

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

7,317

$ 65,000

72,317

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

17,450

17,450

Matured bonds and interest coupons

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

2,350

2,350

Liabilities payable from restricted assets . . .

17,361

17,361

Revenue bonds and other notes payable ....

2,858,092

436,772

3,294,864

General obligation bonds payable ..........

2,178,199

2,178,199

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

1,096,240

1,096,240

Accrued workers' compensation costs ......

5,423

87,781

13,849

107,053

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

3,595

127,753

47,913

179,261

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

16,515

101,161

7,158

124,834

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

1,120,332

195,925

5,330

36,221

3,774,266

1,587,704

3,656,134

672,397

11,048,309

Commitments and contingencies

(Notes 15, 18 and 19)

Equity and Other Credits:

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

$5,230,191

Capital:

1,924,181

7,154,372

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

1,167,284

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

144,224

1,167,284

Retained earnings:

144,224

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

2,954

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

1,302,073

2,954

Fund balances:

1,302,073

Reserved for:

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

108,535

3,037

280,975

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

123,592

2,480

15,195

407,742

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

11,777

126,072

Emergency medical services system ....

39

11,777

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

2,850

3,183

41,822

39

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

945

6,372

47,855

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

17,088

7,317

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

12.734,094

17,088

Unemployment compensation benefits . .

285,293

12,734,094

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

285,293

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

65,989

65,989

Debt and plant additions .............

52,698

52,698

Unreserved:

94,223

94,223

Designated for:

General long-term debt service ......

9,102

9,102

Transportation debt service .........

93,830

93,830

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

(369,424)

9,173

(207,909)

16,816

(551,344)

Total equity (deficit) and other

credits .......................

(121,725)

17,912

151,126

90,154

2,616,535

13,019,387

5,230,191

2,169,102

23,172,682

Total liabilities, equity and other

credits .......................

$ 998,607

$213,837

$156,456

$ 126,375

$6,390,801

$14,607,091

$5,230,191

$3,656,134

$2,841,499

$34,220,991