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Office of the Treasurer and Receiver-General
| DEPARTMENT | FY 2008 Budgetary Recommendations |
FY 2008 Federal, Trust, and ISF |
FY 2008 Total Spending |
FY 2008 Budgetary Non-Tax Revenue |
|---|---|---|---|---|
| Office of the Treasurer and Receiver-General | 2,383,553 | 2,431,378 | 4,814,931 | 400,194 |
| TOTAL | 2,383,553 | 2,431,378 | 4,814,931 | 400,194 |
| account | description | amount | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| OFFICE OF THE TREASURER AND RECEIVER-GENERAL | 4,814,931,014 | |||||||||
| Budgetary Direct Appropriations | 2,383,552,868 | |||||||||
| 0610-0000 | Office of the Treasurer and Receiver-General
For the operation of the office of the treasurer and receiver-general
|
7,532,804 | ||||||||
| 0610-0050 | Alcoholic Beverages Control Commission
For the alcoholic beverages control commission |
1,909,139 | ||||||||
| 0610-0100 | Payment of Bank Fees
For the payment of bank fees
|
3,600,000 | ||||||||
| 0610-0140 | Financial Institution Fees
For the purpose of funding administrative, transactional and research expenses associated with maintaining and increasing the interest earnings on the commonwealth's General and Stabilization Fund investments |
25,000 | ||||||||
| 0610-2000 | Welcome Home Bill Bonus Payments
For bonus payments to veterans pursuant to section 16 of chapter 130 of the Acts of 2005 |
11,473,181 | ||||||||
| 0611-1000 | Bonus Payments to War Veterans
For bonus payments to war veterans |
30,000 | ||||||||
| 0611-1010 | Welcome Home Bill Life Insurance Premium Reimbursement Program
For the life insurance premium provision pursuant to section 88B of chapter 33 of the General Laws |
1,234,000 | ||||||||
| 0611-5500 | Additional Assistance to Cities and Towns
For additional assistance to cities and towns to be distributed according to 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 | ||||||||
| 0611-5510 | Reimbursements to Cities and Towns in Lieu of Taxes on State-Owned Land
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 |
28,300,000 | ||||||||
| 0611-5800 | Payments to Cities and Towns for Local Share of Racing Tax Revenues
For distribution to each city and town within which racing meetings are conducted pursuant to section 18D of chapter 58 of the General Laws |
2,000,000 | ||||||||
| 0612-0105 | Public Safety Employees Line-of-Duty Death Benefits
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 | ||||||||
| 0620-0000 | Commission on Firemen's Relief
For financial assistance to injured firefighters |
9,808 | ||||||||
| 0699-0015 | Consolidated Long-Term Debt Service
For the payment of interest, discount and principal on certain bonded debt of the commonwealth, previously charged to the Local Aid Fund, the State Recreation Areas Fund, the Metropolitan Parks District Fund, the Metropolitan Water District Fund, the Metropolitan Sewerage District Fund, the Watershed Management Fund, the Highway Fund and the Inter-City Bus Fund; provided, that payments of certain serial bonds maturing previously charged to the Local Aid Fund, the State Recreation Areas Fund, the Metropolitan Water District Fund, the Metropolitan Sewerage District Fund and the Highway Fund shall be paid from this item; provided further, that notwithstanding any general or special law to the contrary, the state treasurer may make payments under section 38C of chapter 29 of the General Laws from this item and item 0699-9100 and may expend amounts received under said section 38C without further appropriation; provided further, that the payments shall pertain to the bonds, notes, or other obligations authorized to be paid from each item or to refunding escrows related to debt of the commonwealth; provided further, that notwithstanding any general or special law to the contrary, the comptroller may transfer the amounts that would otherwise be unexpended on June 30, 2008, from item 0699-0015 to item 0699-9100 or from item 0699-9100 to item 0699-0015 which would otherwise have insufficient amounts to meet debt service obligations for the fiscal year ending June 30, 2008; provided further, that each amount transferred shall be charged to the funds as specified in the item to which the amount is transferred; provided further, that payments on bonds issued under section 2O of chapter 29 of the General Laws shall be paid from this item and shall be charged to the Infrastructure sub-fund of the Highway fund; provided further, that payments of interest, discount and principal on certain bonded debt of the commonwealth associated with the Watershed Management Fund for the acquisition of development rights and other interests in land, including fee simple acquisitions of watershed lands of the Quabbin and Wachusett reservoirs and the Ware river watershed above the Ware river intake pipe shall be paid from this item; provided further, that notwithstanding any general or special law to the contrary or other provisions of this item, the comptroller may charge the payments authorized in this item to the appropriate budgetary or other fund subject to a plan which the comptroller shall file 10 days in advance with the house and senate committees on ways and means; and 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 the fund exceeds revenue deposited to the fund
|
1,762,906,000 | ||||||||
| 0699-2004 | Central Artery/Tunnel Debt Service
For the payment of interest, discount and principal on certain indebtedness incurred under 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
|
113,851,000 | ||||||||
| 0699-9100 | Short-Term Debt Service and Costs of Issuance
For the payment of interest and issuance costs on bonds and bond and revenue anticipation notes and other notes pursuant to sections 47 and 49B of chapter 29 of the General Laws and for the payment to the United States pursuant to section 148 of the Internal Revenue Code of 1986 of any rebate amount or yield reduction payment owed with respect to any outstanding bonds or notes of the commonwealth; provided, that the treasurer shall certify to the comptroller a schedule of the distribution of costs among the various funds of the commonwealth; provided further, that the comptroller shall charge costs to the funds in accordance with the schedule; and provided further, that any deficit in this item at the close of the fiscal year ending June 30, 2008 shall be charged to the various funds or to the General Fund or Highway Fund debt service reserves |
16,950,000 | ||||||||
| 0699-9101 | Grant Anticipation Notes Debt Service
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 |
53,464,000 | ||||||||
| account | description | amount |
|---|---|---|
| Trust and Other Spending | 2,431,378,146 | |
| 0610-0093 | A Hero's Welcome Trust Fund | 25,000 |
| 0610-0950 | School Building Assistance | 634,700,000 |
| 0610-3765 | Victims Of Drunk Driving | 200,000 |
| 0610-7245 | MBTA Red Line Renovation Assistance | 10,000,000 |
| 0611-2008 | State Retiree Benefits Trust Fund | 380,520,000 |
| 0611-5012 | Special Election Payments | 50,000 |
| 0612-0000 | State Retirement Board Administration | 3,170,734 |
| 0612-1013 | Martin H. McNamara Annuity Trust | 31,504 |
| 0612-1020 | State Retirement Board Pension Fund | 448,032,308 |
| 0612-1025 | Pension Liability | 525,000,000 |
| 0612-1600 | State Employees Annuities Fund Balance | 213,247,900 |
| 0612-2000 | Miscellaneous Retirement Benefits | 11,631,700 |
| 0650-1700 | Abandoned Property | 155,000,000 |
| 0699-8101 | Discount on Sale of Bonds - Government Land Bank Fund | 69,000 |
| 0699-8197 | Debt Service Expenses | 49,000,000 |
| 0699-8200 | Maturing of Certain Serial Bonds | 700,000 |