REPORT OF THE COMPTROLLER OF THE TREASURY 127

EXHIBIT "S"
Estimated General Fund Surplus as of June 30, 1948

G eneral Fund Surplus, July 1, 1947.......................................................... $13,785,171.19

Add—Transfer from Post War Construction Fund of 1945..................................... 6,260,993.95

Total......................................................................... $19,046,165.14

Add—Estimated Cash Receipts.................................................................. $49,440,544.94

Estimated transfer from Special Funds to reimburse General
Funds for the amounts contributed by the State to the Em-
ployees Retirement System for the Fiscal Year ended June
30, 1947............................................................................ 150,000.00

Total Estimated Additions............................................. 49,590,544.94

Total Available............................................................................ $68,636,710.08

Deduct—Appropriations.............................................................................. $58,823,985.00

Less Authorized Deductions................................. $500,112.00

Estimated Reversions.......................................... 200,000.00

Total.......................................................... 700,112.00

Net Appropriations.........____............................................ 58,123,873.00

Estimated General Fund Surplus, June 30, 1948:

Reserve for Working Fund.................................................................. $2,000,000.00

Reserve to Supplement 1949 Revenues........................................ 6,311,464.22

Unappropriated...................................................................... 2,201,372.86

Total Estimated General Fund Surplus as of June 30, 1948..................................... $10,512,837.08