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| Treasurer and Receiver-General |
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FISCAL YEAR 2007 RESOURCE SUMMARY ($000)
| DEPARTMENT |
FY 2007
Budgetary
Recommendations |
FY 2007
Federal, Trust,
and ISF |
FY 2007
Total
Spending |
FY 2007
Budgetary
Non-Tax Revenue |
|
| Office of the Treasurer and Receiver-General |
2,347,753 |
2,010,447 |
4,358,200 |
298,200 |
| State Lottery Commission |
996,867 |
0 |
996,867 |
1,075,782 |
| Massachusetts Cultural Council |
7,244 |
942 |
8,186 |
7,244 |
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| TOTAL |
3,351,864 |
2,011,390 |
5,363,254 |
1,381,225 |
| | | | Office of the Treasurer and Receiver-General |
4,358,200,300 |
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| Budgetary Direct Appropriations |
2,347,752,949 |
| Direct Appropriations |
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| Office of the Treasurer and Receiver-General |
| | | 0610-0000 |
For the operation of the office of the treasurer and receiver-general |
7,242,203 |
| |
| General Fund |
90.00% | | Highway Fund |
10.00% |
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| Payment of Bank Fees |
| | | 0610-0100 |
For the payment of bank fees |
3,600,000 |
| |
| General Fund |
90.00% | | Highway Fund |
10.00% |
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| Welcome Home Bill Bonus Payments |
| | | 0610-2000 |
For bonus payments to veterans pursuant to section 16 of chapter 130 of the Acts of 2005 |
3,000,000 |
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| Bonus Payments to War Veterans |
| | | 0611-1000 |
For bonus payments to war veterans |
50,000 |
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| Welcome Home Bill Life Insurance Premium Reimbursement Program |
| | | 0611-1010 |
For the life insurance premium provision pursuant to section 88B of chapter 33 of the General Laws |
1,170,000 |
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| Additional Assistance to Cities and Towns |
| | | 0611-5500 |
For additional assistance to cities and towns to be distributed according to the provisions of section 3, and for assistance in a total amount of $1,249,948 to certain public entities of the commonwealth which have constructed water pollution abatement facilities |
379,767,936 |
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| Reimbursements to Cities and Towns in Lieu of Taxes on State-Owned Land |
| | | 0611-5510 |
For reimbursements to cities and towns in lieu of taxes on state-owned land pursuant to sections 13 to 17, inclusive, of chapter 58 of the General Laws |
25,300,000 |
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| Payments to Cities and Towns for Local Share of Racing Tax Revenues |
| | | 0611-5800 |
For distribution to each city and town within which racing meetings are conducted pursuant to section 18D of chapter 58 of the General Laws |
2,500,000 |
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| Public Safety Employees Line-of-Duty Death Benefits |
| | | 0612-0105 |
For payment of the public safety employees line-of-duty death benefits authorized by section 100A of chapter 32 of the General Laws |
500,000 |
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| Commission on Firemen's Relief |
| | | 0620-0000 |
For financial assistance to injured firefighters |
9,808 |
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| Consolidated Long-Term Debt Service |
| | | 0699-0015 |
For the payment of interest, discount, and principal on certain bonded debt and the sale of bonds of the commonwealth; provided, that payments on bonds issued pursuant to section 2O of chapter 29 of the General Laws shall be paid from this item and shall be charged to the Infrastructure Fund subfund of the Highway Fund; provided further, that notwithstanding the provisions of any general or special law including this item to the contrary, the comptroller may charge the payments authorized herein to the appropriate budgetary or other fund subject to a plan which the comptroller shall file ten days in advance with the house and senate committees on ways and means; provided further, that notwithstanding the provisions of any general or special law to the contrary, the state treasurer is hereby authorized to make payments pursuant to the provisions of section 38C of said chapter 29 from this item for the bonds, notes, or other obligations authorized to be paid from this item; provided further, that the comptroller is hereby authorized to transfer among items 0699-0015, 0699-9100, and 0699-9101 such amounts in said items that would otherwise be unexpended on June 30, 2007, to said items that would otherwise have insufficient amounts to meet debt service payments for the fiscal year ending June 30, 2007; provided further, that each amount transferred shall be charged to such funds as specified in the item to which such amount is so transferred; provided further, that the comptroller shall transfer from this item to the Government Land Bank Fund an amount equal to the amount by which debt service charged to said fund exceeds revenue deposited to said fund; and provided further, that debt service charged to the Highway Fund shall be charged to the Infrastructure Fund subfund of the Highway Fund in accordance with said section 2O of said chapter 29 |
1,752,387,002 |
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| General Fund |
68.07% | | Infrastructure Fund |
31.93% |
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| Central Artery/Tunnel Debt Service |
| | | 0699-2004 |
For the payment of interest, discount, and principal on certain indebtedness which may be incurred pursuant to chapter 87 of the acts of 2000, as amended by chapter 125 of the acts of 2000, for financing the central artery/tunnel funding shortfall; provided, that notwithstanding the provisions of any general or special law to the contrary, the state treasurer is hereby authorized to make payments pursuant to the provisions of section 38C of chapter 29 of the General Laws from this item for the bonds, notes, or other obligations authorized to be paid from this item |
70,655,000 |
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| Short-Term Debt Service and Costs of Issuance |
| | | 0699-9100 |
For the payment of interest and issuance costs on bonds and bond revenue anticipation notes, and other notes pursuant to sections 47 and 49B of chapter 29 of the General Laws; provided, that the treasurer shall certify to the comptroller a schedule of the distribution of such costs among the various funds of the commonwealth; provided further, that the comptroller shall charge such costs to such funds in accordance with such schedule; provided further, that notwithstanding the provisions of any general or special law to the contrary, the state treasurer is hereby authorized to make payments pursuant to the provisions of section 38C of said chapter 29 from this item for the bonds, notes, or other obligations authorized to be paid from this item; and provided further, that any deficit in this item at the close of the fiscal year ending June 30, 2007, shall be charged to the various funds or to the General Fund or Highway Fund debt service reserves |
20,950,000 |
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| Grant Anticipation Notes Debt Service |
| | | 0699-9101 |
For the purpose of depositing with the trustee under the trust agreement authorized in section 10B of chapter 11 of the acts of 1997, as amended, an amount to be used to pay the interest due on notes of the commonwealth issued pursuant to section 9 of said chapter 11, as amended, and secured by the Federal Highway Grant Anticipation Note Trust Fund |
67,340,000 |
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| Massachusetts Development Finance Agency Debt Service Assistance |
| | | 0699-9200 |
For certain debt service contract assistance to the Massachusetts development finance agency in accordance with chapter 23G of the General Laws |
13,281,000 |
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| Trust and Other Spending |
2,010,447,351 |
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| 0610-0093 |
A Hero's Welcome Trust Fund |
25,000 |
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| 0610-0950 |
School Building Assistance |
557,700,000 |
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| 0610-3765 |
Victims Of Drunk Driving |
200,000 |
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| 0610-7245 |
MBTA Red Line Renovation Assistance |
10,000,000 |
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| 0611-5012 |
Special Election Payments |
50,000 |
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| 0612-0000 |
State Retirement Board Administration |
3,170,734 |
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| 0612-1020 |
State Retirement Board Pension Fund |
448,032,308 |
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| 0612-1025 |
Pension Liability |
525,000,000 |
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| 0612-1600 |
State Employees Annuities Fund Balance |
213,247,900 |
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| 0612-2000 |
Miscellaneous Retirement Benefits |
11,631,700 |
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| 0650-1700 |
Abandoned Property |
191,620,709 |
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| 0699-8101 |
Discount on Sale of Bonds - Government Land Bank Fund |
69,000 |
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| 0699-8197 |
Debt Service Expenses |
49,000,000 |
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| 0699-8200 |
Maturing of Certain Serial Bonds |
700,000 |
| State Lottery Commission |
996,867,346 |
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| Budgetary Direct Appropriations |
996,867,346 |
| Direct Appropriations |
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| State Lottery Commission |
| | | 0640-0000 |
For the operation of the state lottery commission and arts lottery; provided, that a sum equal to 25 per cent of the amount appropriated herein shall be transferred each quarter from the State Lottery Fund to the General Fund |
69,472,085 |
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| State Lottery Commission - Keno |
| | | 0640-0005 |
For the costs associated with the continued implementation of the game of keno, so-called; provided, that a sum equal to 25 per cent of the amount appropriated herein shall be transferred each quarter from the State Lottery Fund to the General Fund |
1,258,014 |
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| Revenue Maximization |
| | | 0640-0010 |
For promotional activities associated with the state lottery program; provided, that a sum equal to 25 per cent of the amount appropriated herein shall be transferred each quarter from the State Lottery Fund to the General Fund |
2,000,000 |
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| Lottery Anti-Litter Program |
| | | 0640-0013 |
For the lottery anti-litter program |
100,000 |
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| State Lottery Commission - Health and Welfare Benefits |
| | | 0640-0096 |
For the purpose of the commonwealth's fiscal year 2007 contributions to the health and welfare fund established pursuant to the collective bargaining agreement between the lottery commission and the Service Employees International Union, Local 254, AFL-CIO; provided, that said contributions shall be paid to said fund on such basis as said collective bargaining agreement provides; and provided further, that a sum equal to 25 per cent of the amount appropriated herein shall be transferred each quarter from the State Lottery Fund to the General Fund |
355,945 |
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| Retained Revenues | |
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| Lottery Ticket Corporate Advertising Retained Revenue |
| | | 0640-0001 |
The state lottery commission is hereby authorized to expend for commission operations an amount not to exceed $3,653,019 from revenues collected from corporate advertising for non-lottery products on all lottery products |
3,653,019 |
| Massachusetts Cultural Council |
8,185,982 |
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| Budgetary Direct Appropriations |
7,243,520 |
| Direct Appropriations |
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| Massachusetts Cultural Council Grants |
| | | 0640-0300 |
For the operation of the Massachusetts cultural council, including grants to or contracts with public and non-public entities; provided, that notwithstanding the provisions of any general or special law to the contrary, the council may expend the amount appropriated herein for the purposes of the council as provided in sections 52 to 58, inclusive, of chapter 10 of the General Laws in such amounts and at such times as the council may determine pursuant to section 54 of said chapter 10; provided further, that an amount equal to 25 per cent of this appropriation shall be transferred quarterly from the Arts Lottery Fund to the General Fund; provided further, that any funds expended from this item for the benefit of school children shall be expended under uniform terms and conditions for all Massachusetts school children; and provided further, that persons employed under this item shall be considered employees within the meaning of section 1 of chapter 150E of the General Laws and shall be placed in the appropriate bargaining units |
6,000,000 |
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| Cultural Resources Act |
| | | 0640-0350 |
For the promotion of cultural resources in education pursuant to section 36 of chapter 69 of the General Laws, including grants to or contracts with public and non-public entities |
743,520 |
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| John and Abigail Adams Arts Program |
| | | 0640-0351 |
For the John and Abigail Adams arts program; provided, that 25 per cent of the amount appropriated herein shall be transferred quarterly from the State Lottery Fund to the General Fund |
500,000 |
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| Federal Grant Spending |
702,000 |
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| Folk and Traditional Arts Initiatives |
| | | 0640-9716 |
For the purposes of a federally funded grant entitled, Folk and Traditional Arts Initiatives |
25,000 |
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| Basic State Grant |
| | | 0640-9717 |
For the purposes of a federally funded grant entitled, Basic State Grant |
379,500 |
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| Artists in Education |
| | | 0640-9718 |
For the purposes of a federally funded grant entitled, Artists in Education |
66,500 |
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| Youth Reach State and Regional Programs |
| | | 0640-9724 |
For the purposes of a federally funded grant entitled, Youth Reach State and Regional Programs |
110,000 |
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| Challenge America |
| | | 0640-9729 |
For the purposes of a federally funded grant entitled, Challenge America |
121,000 |
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| Trust and Other Spending |
240,462 |
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| 0640-6501 |
Massachusetts Cultural Council General Trust |
1,000 |
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| 0640-9725 |
Commonwealth Awards |
10,000 |
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| 0640-9728 |
Lila Wallace Reader's Digest Trust |
229,462 |
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