Governor Deval Patrick's Budget Recommendation - House 1 Fiscal Year 2014

Fiscal Note


The Governor submits the House 1 budget recommendation for FY 2014 for the maintenance of the departments, boards, commissions, institutions and certain activities of the Commonwealth, for interest, sinking fund and serial bond requirements.  The Governor’s budget recommendation totals $34.825 B, before including the state’s annual contribution for employee pension costs. When accounting for state pension costs, total FY 2014 state spending equals $36.455 B. The estimated spending for the current fiscal year (FY 2013) totals $32.568 B. FY 2014 spending will be 6.93% greater in estimated spending than FY 2013.

Estimated Spending
Appropriation Type FY2013 FY2014 Annual Change % Change
Section 2 Direct Appropriations: 32,032.99 34,271.17 2,238 6.99%
Section 2 Retained Revenues: 535 554 19 3.57%
Total FY 2014 Section 2 Spending 32,568 34,825 2,257 6.93%
FY 2014 State Pension Contribution: 1,552 1,630 78 5.03%
FY 2014 Spending Including Pensions: 34,120 36,455 2,335 6.84%

 


top of page link top of page