Governor Deval Patrick's Budget Recommendation - House 2 Fiscal Year 2013

Governor's Budget Recommendation FY 2013

General Fund Balances


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General Fund Balances (in millions)
The General Fund is the Commonwealth's primary Governmental Fund. All governmental activities not specifically directed to another fund are accounted for in the General Fund. As a result, most budgeted expenditures of the Executive secretariats, the Legislature, Constitutional offices, Judiciary, institutions of higher education and independent commissions are paid for from the General Fund. It similarly receives a significant portion of sales, individual income and corporate taxes, and the full amount of most other governmental taxes.
 
FY11 FY12 FY13
Beginning Fund Balances 156.7 450.9 0.0
Taxes 16,586.4 17,064.7 17,944.3
Federal Revenues 9,295.3 7,818.1 8,009.2
Departmental Revenues  
   - Reimbursement for Services 706.2 737.6 846.3
   - Fees 522.9 542.1 541.5
   - Special Assessments 430.0 445.1 438.2
   - Federal Reimbursement 178.8 233.1 236.9
   - Fringe Benefit Recovery Cost 177.0 0.0 95.0
   - Revenue Collections by Courts 116.1 101.1 99.4
   - Licenses and Permits 105.7 111.5 111.0
   - Pensions - Other 55.2 42.5 41.6
   - Unclaimed Deposits 35.7 36.3 58.6
   - Rents 34.4 35.4 32.3
   - Fines and Penalties 34.1 66.1 46.1
   - Operating Transfers In 32.0 34.7 28.7
   - Revenue Maximization 31.7 25.0 25.0
   - Sale of Goods 11.7 12.5 10.7
   - Interest Income 5.8 10.1 13.9
   - Deeds County Correction 0.2 0.2 0.3
   - Federal Grant 0.0 35.0 0.0
   - Other Sources 0.0 2.2 3.5
   - Miscellaneous (81.3) 128.1 38.4
Consolidated Transfers 1,497.1 1,986.4 2,081.9
Total Revenues 29,775.0 29,467.8 30,702.8
Transfers from Other Funds 0.0 0.1 (27.6)
Total Available 29,931.7 29,918.8 30,675.2
Local Aid 4,784.7 4,929.9 5,016.3
Medicaid 10,237.3 10,432.6 10,950.9
Debt Service 945.1 1,239.2 1,416.1
Judiciary 776.0 760.6 630.9
Independents 2,981.8 936.3 857.8
Administration & Finance 1,481.3 2,737.5 2,848.9
Energy & Environmental Affairs 175.0 182.1 193.7
Health & Human Services 4,523.0 5,346.1 5,392.6
Housing & Economic Development 363.4 385.0 422.3
Labor & Workforce Development 36.4 47.5 39.9
Education 1,873.4 1,947.9 1,969.5
Public Safety 903.6 954.1 930.6
Legislature 57.9 63.9 61.2
Total Expenditures 29,138.8 29,962.8 30,730.6
Transfers to Other Funds 342.0 (44.0) (55.4)
Ending Fund Balances 450.9 0.0 0.0

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