Governor Deval Patrick's Budget Recommendation - House 1 Fiscal Year 2008

Governor's Budget Recommendation FY2008

Treasurer


TREASURER AND RECEIVER-GENERAL
Treasurer and Receiver-General
FISCAL YEAR 2008 RESOURCE SUMMARY ($000)
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
State Lottery Commission 1,033,878 0 1,033,878 1,117,910
Massachusetts Cultural Council 11,394 942 12,336 0
TOTAL 3,428,824 2,432,321 5,861,145 1,518,104

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 7,532,804
0610-0050 Alcoholic Beverages Control Commission 1,909,139
0610-0100 Payment of Bank Fees 3,600,000
0610-0140 Financial Institution Fees 25,000
0610-2000 Welcome Home Bill Bonus Payments 11,473,181
0611-1000 Bonus Payments to War Veterans 30,000
0611-1010 Welcome Home Bill Life Insurance Premium Reimbursement Program 1,234,000
0611-5500 Additional Assistance to Cities and Towns 379,767,936
0611-5510 Reimbursements to Cities and Towns in Lieu of Taxes on State-Owned Land 28,300,000
0611-5800 Payments to Cities and Towns for Local Share of Racing Tax Revenues 2,000,000
0612-0105 Public Safety Employees Line-of-Duty Death Benefits 500,000
0620-0000 Commission on Firemen's Relief 9,808
0699-0015 Consolidated Long-Term Debt Service 1,762,906,000
0699-2004 Central Artery/Tunnel Debt Service 113,851,000
0699-9100 Short-Term Debt Service and Costs of Issuance 16,950,000
0699-9101 Grant Anticipation Notes Debt Service 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

 
 

account description amount
STATE LOTTERY COMMISSION 1,033,877,969
Budgetary Direct Appropriations  
Direct Appropriations
0640-0000 State Lottery Commission 83,313,264
0640-0005 State Lottery Commission - Keno 1,427,458
0640-0010 Revenue Maximization 10,000,000
0640-0013 Lottery Anti-Litter Program 100,000
0640-0096 State Lottery Commission - Health and Welfare Benefits 355,945

account description amount
Retained Revenues
0640-0001 Lottery Ticket Corporate Advertising Retained Revenue 3,653,019

 
 

account description amount
MASSACHUSETTS CULTURAL COUNCIL 12,335,982
Budgetary Direct Appropriations 11,393,520
0640-0300 Massachusetts Cultural Council Grants 11,393,520

account description amount
Federal Grant Spending 702,000
0640-9716 Folk and Traditional Arts Initiatives 25,000
0640-9717 Basic State Grant 379,500
0640-9718 Artists in Education 66,500
0640-9724 Youth Reach State and Regional Programs 110,000
0640-9729 Challenge America 121,000

account description amount
Trust and Other Spending 240,462
0640-6501 Massachusetts Cultural Council General Trust 1,000
0640-9725 Commonwealth Awards 10,000
0640-9728 Lila Wallace Reader's Digest Trust 229,462