Ultimately, cash is distributed from these funds to individuals, corporations, private organizations, other state funds, or local governmental units. The Arts Facilities Building Budget Fund Group consists of the Arts Facilities Building Fund that receives proceeds from special obligation debt issuances. Expenditures are for capital improvements for the Arts and Sports Facilities Commission. The Auditor of State Budget Fund Group consists of funds used to operate the Office of Auditor of State. Primary sources of revenue include the sale of audit services to local governments and other state agencies.
Expenditures cover the cost of providing audit services.
The Budget Stabilization Budget Fund Group consists of the Budget Stabilization Fund that receives transfers from the General Revenue Fund. The purpose of the Budget Stabilization Fund is to help reduce the impact of an economic downturn that may result in the reduction of revenues to the General Revenue Fund. The Coal Research and Development Budget Fund Group consists of the Coal Research and Development Fund that receives proceeds from general obligation debt issuances. Expenditures from this fund are for grants to industries and universities for coal research and development projects. The Debt Service Budget Fund Group consists of several debt service funds that receive taxes, interest revenue, and transfers from the General Revenue Fund.