General Fund Balance
General Fund Balance
June 30, 2019
General Fund Balance, June 30, 2018 | $589,590,296 | ||
Add: | |||
2019 Estimated Revenues (Board of Revenue Estimates March 2019) | 17,931,825,375 | ||
Adjustments to Revenues (See detail) | 50,580,297 | ||
Reimbursement from reserve for Tax Credits | 23,291,975 | ||
Other Adjustments to Revenue - 2018 Session | |||
Transfer from other funds (See detail) | |||
Deduct: | |||
2019 General Fund Appropriations | |||
Appropriated by 2018 General Assembly | $17,908,914,162 | ||
Board of Public Works Reductions | |||
Deficiency Appropriations | 52,079,072 | ||
Legislative Reductions | (48,894,918) | ||
Specific Reversions (See detail) | |||
Estimated Agency Reversions | (35,000,000) | ||
Net Appropriations | (17,877,098,316) | ||
Estimated 2019 General Fund Balance | 718,189,627 | ||
Add: | |||
Total Net Revenues and Transfers | $18,217,676,761 | ||
Excess of Actual Revenues over Estimates and Adjustments | 216,633,130 | ||
Excess of Actual Transfers over Estimates | (4,654,015) | ||
Add: | |||
Estimated Reversions (in estimate above) | (35,000,000) | ||
Amount to be Reverted | 79,019,838 | ||
Excess of Actual Reversions over Estimates | 44,019,838 | ||
255,998,953 | |||
Total General Fund Balance | $974,188,580 | ||
Deduct: | |||
General Fund Balance Reserved for 2020 Operations | 718,234,627 | ||
Minus 2019 Estimated Surplus | (95,485,196) | ||
Reserved | 622,749,431 | ||
2019 Unassigned General Fund Balance | $351,439,149 |