STATEMENT of GENERAL FUND

CASH RECEIPTS and DISBURSEMENTS

October 2012

JOHN CHIANG
California State Controller

JOHN CHIANG
California State Controller
November 9, 2012

Users of the Statement of General Fund Cash Receipts and Disbursements:

Enclosed is the Statement of General Fund Cash Receipts and Disbursements for the period
July 1, 2012 through October 31, 2012. This statement reflects the State of Californias General
Fund cash position and compares actual receipts and disbursements for the 2012-13 Fiscal Year to
cash flow estimates prepared by the Department of Finance for the 2012 Budget Act. The statement
is prepared in compliance with Provision 7 of Budget Act item 0840-001-0001, using records
compiled by the State Controller. Prior year actual amounts are also displayed for comparative
purposes.
Attachment A compares actual receipts and disbursements for the 2012-13 Fiscal Year to
cash flow estimates prepared by the Department of Finance based upon the 2012 Budget Act.
These statements are also available on the Internet at the State Controllers website at
www.sco.ca.gov under the category Monthly Financial Reports.
Any questions concerning this report may be directed to George Lolas, Division Chief of
Accounting and Reporting, at (916) 322-7407.
Sincerely,
Original signed by:
JOHN CHIANG
California State Controller

Statement of General Fund Cash Receipts and Disbursements

John Chiang, California State Controller

STATEMENT OF GENERAL FUND CASH RECEIPTS AND DISBURSEMENTS

A Comparison of Actual to 2012 Budget Act
(Amounts in thousands)

July 1 through October 31

2012
Actual Over or
Estimate (a)
(Under) Estimate
Amount

Actual

GENERAL FUND BEGINNING CASH BALANCE

Add Receipts:
Revenues
Nonrevenues
Total Receipts
Less Disbursements:
State Operations
Local Assistance
Capital Outlay
Nongovernmental
Total Disbursements
Receipts Over / (Under) Disbursements
Net Increase / (Decrease) in Temporary Loans
GENERAL FUND ENDING CASH BALANCE

Special Fund for Economic Uncertainties

Actual
%
-

22,997,574
1,124,109

22,993,165
1,185,453

4,409
(61,344)

0.0
(5.2)

22,887,577
1,999,995

24,121,683

24,178,618

(56,935)

(0.2)

24,887,572

8,722,297
30,247,209
90,740
122,461

8,707,074
29,041,214
99,728
7,661

15,223
1,205,995
(8,988)
114,800

0.2
4.2
(9.0)
-

9,098,897
28,024,826
171,001
(263,896)

39,182,707

37,855,677

1,327,030

3.5

37,030,828

(15,061,024)
15,061,024

(13,677,059)
13,677,059

(1,383,965)
1,383,965

10.1

(12,143,256)
12,143,256

Available Borrowable Resources

Outstanding Loans (b)

32,852,318
24,654,315

27,964,957
23,270,350

4,887,361
1,383,965

Unused Borrowable Resources

8,198,003

4,694,607

3,503,396

TOTAL CASH

2011

17.5
5.9

24,354,483
20,307,720

74.6

4,046,763

BORROWABLE RESOURCES

General Note:
This report is based upon funded cash. Funded cash is cash reported to and recorded in the records of the State
Controller's Office. Amounts reported as funded cash may differ from amounts in other reports to the extent there are
timing differences in the recording of in-transit items.

Footnotes:
(a) A Statement of Estimated Cash Flow for the 2012-13 fiscal year was prepared by the Department of Finance for
the 2012 Budget Act. Any projections or estimates are set forth as such and not as representation of facts.
(b) Outstanding loan balance of $24.7 billion is comprised of $14.7 billion of internal borrowing and $10.0 billion of external
borrowing. Current balance is comprised of $9.6 billion carried forward from June 30, 2012, plus current year Net
Increase/(Decrease) in Temporary Loans of $15.1 billion.
(c) Negative amounts are the result of repayments received that are greater than disbursements made.

- A1 -

Statement of General Fund Cash Receipts and Disbursements

John Chiang, California State Controller

SCHEDULE OF CASH RECEIPTS

(Amounts in thousands)

July 1 through October 31

Month of October
2012

2012

2011

Actual

2011
Actual Over or
(Under) Estimate
Amount
%

Estimate (a)

Actual

REVENUES
Alcoholic Beverage Excise Tax
Corporation Tax
Cigarette Tax
Estate, Inheritance, and Gift Tax
Insurance Companies Tax
Personal Income Tax
Retail Sales and Use Taxes
Vehicle License Fees
Pooled Money Investment Interest
Not Otherwise Classified

Total Revenues

30,905
147,739
13,986
323
17,770
3,941,360
683,815
823
1,840
114,814

29,321
275,062
7,871
(684)
19,766
3,050,987
693,534
5,219
2,060
79,991

99,403
1,227,761
31,147
1,769
543,514
15,302,398
5,244,554
3,682
8,864
534,482

118,000
1,479,000
32,000
547,000
14,577,000
5,411,000
3,000
9,000
817,165

(18,597)
(251,239)
(853)
1,769
(3,486)
725,398
(166,446)
682
(136)
(282,683)
4,409

(15.8)
(17.0)
(2.7)
(0.6)
5.0
(3.1)
22.7
(1.5)
-

0.0

115,139
1,628,964
39,748
618
548,899
13,846,760
5,893,900
65,142
9,488
738,919

4,953,375

4,163,127

22,997,574

22,993,165

22,887,577

17,775
130,377

16,366
111,703

863,527
260,582

1,073,175
112,278

(209,648)
148,304

(19.5)
132.1

1,695,880
304,115

148,152

128,069

1,124,109

1,185,453

(61,344)

(5.2)

1,999,995

(56,935)

(0.2)

NONREVENUES
Transfers from Special Fund for
Economic Uncertainties
Transfers from Other Funds
Miscellaneous
Total Nonrevenues
Total Receipts

5,101,527

4,291,196

24,121,683

See notes on page 1.

- A2 -

24,178,618

24,887,572

Statement of General Fund Cash Receipts and Disbursements

John Chiang, California State Controller

SCHEDULE OF CASH DISBURSEMENTS

(Amounts in thousands)

July 1 through October 31

Month of October
2012

2012

2011

Actual

2011
Actual Over or
(Under) Estimate
Amount
%

Estimate (a)

Actual

STATE OPERATIONS (c)

Legislative/Judicial/Executive
State and Consumer Services
Business, Transportation and Housing
Resources
Environmental Protection Agency
Health and Human Services:
Health Services
Mental Health
Other Health and Human Services
Education:
University of California
State Universities and Colleges
Other Education
Dept. of Corrections and Rehabilitation
General Government
Public Employees Retirement
System
Debt Service
Interest on Loans
Total State Operations

87,505
53,876
629
137,268
4,228

146,596
45,451
1,423
110,756
11,147

557,628
220,948
1,614
497,354
10,980

552,351
229,812
476
391,809
13,752

5,277
(8,864)
1,138
105,545
(2,772)

1.0
(3.9)
26.9
(20.2)

582,260
182,712
19,254
404,951
18,832

(1,933)
109,077
69,552

13,081
104,692
47,651

100,357
396,418
228,002

167,384
384,400
283,345

(67,027)
12,018
(55,343)

(40.0)
3.1
(19.5)

139,609
438,086
639,486

206,191
163,980
18,819
734,848
234,970

210,971
175,351
12,275
762,852
126,365

331,878
700,757
66,952
2,508,230
1,073,560

328,737
792,138
54,792
2,911,804
892,131

3,141
(91,381)
12,160
(403,574)
181,429

1.0
(11.5)
22.2
(13.9)
20.3

339,108
742,631
60,623
3,091,207
628,048

581,510
786,485
1,214

(139,562)
795,203
994

560,891
1,580,197
(113,469)

276,173
1,369,970
58,000

284,718
210,227
(171,469)

103.1
15.3
-

278,667
1,548,931
(15,508)

3,188,219

2,425,246

8,722,297

8,707,074

15,223

0.2

9,098,897

2,185,295
254,272
-

1,008,680
544,280
-

17,096,877
1,664,115
-

16,757,181
1,692,174
-

339,696
(28,059)
-

2.0
(1.7)
-

13,152,896
2,186,626
-

475,699
(87,005)
-

475,102
197,603
-

700,667
1,273,377
-

700,667
576,282
-

697,095
-

121.0
-

668,787
1,557,015
-

29,158

30,545

186,062

56,857

129,205

227.2

201,738

664

55,438

42,214

9,500

32,714

344.4

78,921

1,233,311
6,124
232,990
1,612

1,032,972
30,840
418,891
52,246

5,147,844
86,840
1,356,146
10,657

5,108,770
126,900
886,643
7,410

39,074
(40,060)
469,503
3,247

0.8
(31.6)
53.0
43.8

4,791,019
(43,336)
1,282,597
234,689

318,192
150,958
74,215
136,540

1,645,982
240,027
166,903
629,498

1,777,700
585,071
183,758
1,337
570,964

(131,718)
(345,044)
(16,855)
(1,337)
58,534

(7.4)
(59.0)
(9.2)
(100.0)
10.3

1,745,912
863,109
398,654
(1,377)
907,576

4,526,502

30,247,209

29,041,214

LOCAL ASSISTANCE (c)

Public Schools - K-12
Community Colleges
Debt Service-School Building Bonds
Contributions to State Teachers'
Retirement System
Other Education
School Facilities Aid
Dept. of Corrections and Rehabilitation
Dept. of Alcohol and Drug Program
Dept. of Health Services:
Medical Assistance Program
Other Health Services
Dept. of Developmental Services
Dept. of Mental Health
Dept. of Social Services:
SSI/SSP/IHSS
CalWORKs
Other Social Services
Tax Relief
Other Local Assistance
Total Local Assistance

112,644
(313,890)
13,144
76,230
4,220,248

1,205,995

4.2

28,024,826

See notes on page 1.

(Continued)

- A3 -

Statement of General Fund Cash Receipts and Disbursements

John Chiang, California State Controller

SCHEDULE OF CASH DISBURSEMENTS (Continued)

(Amounts in thousands)

July 1 through October 31

Month of October
2012

CAPITAL OUTLAY

2012

2011

1,072

Actual

423

2011
Actual Over or
(Under) Estimate
Amount
%

Estimate (a)

Actual

90,740

99,728

(8,988)

(9.0)

171,001

298,202
5,422

299,548
-

(1,346)
5,422

156,014
13,157

(0.4)
-

NONGOVERNMENTAL (c)
Transfer to Special Fund for
Economic Uncertainties
Transfer to Budget Stabilization Account
Transfer to Other Funds
Transfer to Revolving Fund
Advance:
MediCal Provider Interim Payment
State-County Property Tax
Administration Program
Social Welfare Federal Fund
Local Governmental Entities
Tax Relief and Refund Account
Counties for Social Welfare

9,000
1,229
-

29,081
(17,083)
-

Total Nongovernmental
Total Disbursements

7
(4,291)

30,000
59,914
-

58,289
(23,720)
60,000
(275,732)

85,630

22,227

(291,887)

122,461

58,289
(23,720)
60,000
16,155

7,661

114,800

54,796
53,282
(541,145)

(263,896)

7,431,766

7,037,801

39,182,707

37,855,677

1,327,030

3.5

37,030,828

Special Fund for Economic

Uncertainties
$
Budget Stabilization Account
Outstanding Registered Warrants Account
Other Internal Sources
Revenue Anticipation Notes

2,330,239
-

2,746,605
-

5,061,024
10,000,000

3,677,059
10,000,000

1,383,965
-

6,743,256
5,400,000

2,330,239

2,746,605

15,061,024

13,677,059

1,383,965

10.1

12,143,256

TEMPORARY LOANS

Net Increase / (Decrease) Loans

See notes on page 1.

(Concluded)

- A4 -

Statement of General Fund Cash Receipts and Disbursements

John Chiang, California State Controller

COMPARATIVE STATEMENT OF REVENUES RECEIVED

All Governmental Cost Funds
(Amounts in thousands)
July 1 through October 31
General Fund
2012

Special Funds
2011

2012

2011

MAJOR TAXES, LICENSES, AND

INVESTMENT INCOME:

Alcoholic Beverage Excise Taxes

Corporation Tax
Cigarette Tax
Estate, Inheritance, and Gift Tax
Insurance Companies Tax
Motor Vehicle Fuel Tax:
Gasoline Tax
Diesel & Liquid Petroleum Gas
Jet Fuel Tax
Vehicle License Fees
Motor Vehicle Registration and
Other Fees
Personal Income Tax
Retail Sales and Use Taxes
Pooled Money Investment Interest

Total Major Taxes, Licenses, and

Investment Income

99,403
1,227,761
31,147
1,769
543,514

115,139
1,628,964
39,748
618
548,899

258,435
1,921

329,284
30,933

3,682

65,142

1,769,957
104,227
844
658,897

1,775,933
158,085
879
702,012

15,302,398
5,244,554
8,864

13,846,760
5,893,900
9,488

1,330,119
267,659
3,563,122
37

1,339,009
195,235
2,834,890
101

22,463,092

22,148,658

7,955,218

7,366,361

18,726
164,884
19,310
-

18,168
199,741
21,234
-

NOT OTHERWISE CLASSIFIED:

Alcoholic Beverage License Fee

Electrical Energy Tax
Private Rail Car Tax
Penalties on Traffic Violations
Health Care Receipts
Revenues from State Lands
Abandoned Property

981
3,749
145,216
7,364

1,305
1,516
165,478
(141,892)

Trial Court Revenues

Horse Racing Fees
Miscellaneous

17,706
382
359,084

19,065
376
693,071

550,910
4,643
4,356,267

576,316
7,088
2,028,886

534,482

738,919

5,114,740

2,851,433

Not Otherwise Classified

Total Revenues,
All Governmental Cost Funds

22,997,574

See notes on page 1.

- A5 -

22,887,577

13,069,958

10,217,794