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Fiscal Year 2008 Projected Financial Statement - Budgeted Funds (in millions)
All Funds General Fund Workforce Training Highway Fund Mass Tourism Stabil. Fund Other Funds
FISCAL YEAR 2008 BEGINNING BALANCES       
     Undesignated Fund Balance 114.7 1,423.6 (16.5) (1,307.5) (0.3) 0.0 15.4
     Stabilization Fund Balance 2,335.0 0.0 0.0 0.0 0.0 2,335.0 0.0
     Designated for Continuing Appropriations into FY2008 441.0 317.1 18.0 0.6 3.0 0.0 102.3
     Designated for Debt Service 10.3 0.0 0.0 10.3 0.0 0.0 0.0
SUBTOTAL, FISCAL YEAR 2008 BEGINNING BALANCES 2,901.0 1,740.7 1.5 (1,296.6) 2.6 2,335.0 117.7
       
REVENUES AND OTHER SOURCES       
     Gross Tax Revenues 20,247.0 19,603.0 22.0 578.0 44.0 0.0 0.0
     Sales Tax Dedicated to the MBTA (756.0) (756.0) 0.0 0.0 0.0 0.0 0.0
     Tax Dedicated to Pensions (1,398.6) (1,398.6) 0.0 0.0 0.0 0.0 0.0
     Sales Tax Dedicated to the SBA (634.7) (634.7) 0.0 0.0 0.0 0.0 0.0
     SubTotal: Net Tax Revenue Available for Budget 17,457.7 16,813.7 22.0 578.0 44.0 0.0 0.0
     Federal Reimbursements 6,891.5 6,886.4 0.0 1.1 0.0 0.0 4.0
     Departmental Revenue 2,426.1 1,893.5 0.0 426.0 0.0 100.0 6.7
     Consolidated Transfers (219.8) 275.8 (0.6) (79.9) (0.3) (315.0) (99.9)
SUBTOTAL, FISCAL YEAR 2008 REVENUES 26,555.5 25,869.5 21.4 925.2 43.7 (215.0) (89.3)
       
TOTAL, FISCAL YEAR 2008 AVAILABLE RESOURCES 29,456.5 27,610.2 22.9 (371.4) 46.3 2,120.0 28.5
       
EXPENDITURES AND USES       
     Direct Appropriations 25,487.8 24,368.0 26.2 1,042.9 38.8 0.0 11.8
     Balances Forward for Continuing Appropriations 343.0 321.4 18.0 0.6 3.0 0.0 0.0
     Authorized Spending from Retained Revenue 457.9 447.3 0.0 10.6 0.0 0.0 0.0
     Lottery Distributions to Cities and Towns 935.0 935.0 0.0 0.0 0.0 0.0 0.0
     Contingency Reserve 109.2 107.3 0.0 1.9 0.0 0.0 0.0
     Unspent Appropriations Continued to Fiscal Year 2009 0.0 0.0 0.0 0.0 0.0 0.0 0.0
     Anticipated Reversions (128.0) (128.0) 0.0 0.0 0.0 0.0 0.0
TOTAL, FISCAL YEAR 2008 EXPENDITURES 27,205.0 26,051.0 44.2 1,056.0 41.8 0.0 11.9
       
END OF FISCAL YEAR RESERVED BALANCES       
     Designated for Continuing Appropriations 0.0 0.0 0.0 0.0 0.0 0.0 0.0
     Designated for Debt Service 10.3 0.0 0.0 10.3 0.0 0.0 0.0
FISCAL YEAR 2008 UNDESIGNATED FUND BALANCE 2,241.3 1,559.1 (21.3) (1,437.7) 4.6 2,120.0 16.6
       
     Balances Reserved in Other Budgeted Funds (2,136.6) 0.0 0.0 0.0 0.0 2,120.0 16.6
ENDING BALANCES 104.7 1,559.1 (21.3) (1,437.7) 4.6 0.0 0.0
       
STATUTORY CARRY FORWARD TO FY2009 101.2 0.0 0.0 0.0 0.0 0.0 0.0
       
STATUTORY TRANSFER TO STABILIZATION FUND 0.0 0.0 0.0 0.0 0.0 0.0 0.0
       
FISCAL YEAR 2008 SURPLUS 3.4 0.0 0.0 0.0 0.0 0.0 0.0
       
FISCAL YEAR 2008 ENDING BALANCES       
     Undesignated Fund Balance 117.9 1,555.7 (21.3) (1,437.7) 4.5 0.0 16.6
     Stabilization Fund Balance 2,123.4 0.0 0.0 0.0 0.0 2,123.4 0.0
     Designated for Continuing Appropriations into FY2009 0.0 0.0 0.0 0.0 0.0 0.0 0.0
     Designated for Debt Service 10.3 0.0 0.0 10.3 0.0 0.0 0.0
TOTALS, FISCAL YEAR 2008 ENDING BALANCES 2,251.5 1,555.7 (21.3) (1,427.4) 4.5 2,123.4 16.6