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

Section 1C - Consolidated Transfers


SECTION 1C. This subset of non-tax revenues comes in the form of consolidated transfers. Throughout the fiscal year there are a number of transfers between and among budgeted and non-budgeted funds. The following detail the budgetary impact of these sources and uses of funds.

Fiscal Year 2014 Consolidated Transfers

Sources / Uses

Department

           Amount
Sources
Lottery Distributions & Reimbursements to the General Fund Lottery 1,042,749,427
Transfer into the General Fund from the Stabilization Fund 400,000,000
General Fund Fringe Revenue Comptroller 294,176,067
Master Settlement Tobacco Revenues Comptroller 253,627,919
Settlements and Judgements to the Stabilization Fund 125,000,000
Employer Responsibility Assessment 94,000,000
Gaming Licensing Revenue to Gaming Funds 83,100,000
Unclaimed Property Treasurer 82,339,707
Trust Fund Sweep 46,000,000
Indirect Revenues Comptroller 37,000,000
Capital Gains Tax Revenue Deposit to the Stabilization Fund 37,000,000
Division of Industrial Accidents Reimbursement Workforce Development 23,128,161
Federal Payment for Pension Costs Treasurer 20,445,523
Stabilization Fund Repayment from Gaming Licensing Proceeds 20,000,000
Contingency Based Revenues Comptroller 18,375,000
Transfer into General Fund of Stabilization Fund Investment 5,650,000
Reimbursement for License Plate Costs Dept. of Correction 3,011,122
Local Housing Authority Debt Service Reimbursement Housing & Community Development 2,602,560
DOR Settlements Offset 2,000,000
Lottery Transfer for Gamblers Treatment Program Public Health 1,270,000
Personal Needs Allowance Recoveries Health & Human Services 1,000,000
Debt Collection Contract Receipts Comptroller 360,000
Senior Citizen Hunting License Fees Fish and Game 130,000
Total Sources   2,592,965,486
Uses
Transfer Out of the Stabilization Fund to the General Fund -403,700,000
Capital Gains Tax Revenue Deposit to the Stabilization Fund -37,000,000
Transfer into General Fund of Stabilization Fund Investment -5,650,000
Fringe Revenue Offset: Inland Fisheries and Game Fund -1,939,000
Fringe Revenue Offset: Massachusetts Tourism Fund -356,000
Total Uses   -448,645,000
 
GRAND TOTAL   2,144,320,486
 

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