Comptroller Fiscal Year Memo Letter Head

March 7, 2012

 Secretary Jay Gonzalez
Executive Office of Administration and Finance

 The Honorable Stephen M. Brewer, Chairman
Senate Committee on Ways and Means

 The Honorable Brian S. Dempsey, Chairman
House Committee on Ways and Means

 Dear Secretary Gonzalez, Chairmen Brewer and Dempsey:

In accordance with the requirement in Sections 1A and 1B of Chapter 131 of the Acts of 2010 (the FY2011 General Appropriation Act), as well as Sections 1A and 1B of Chapter 68 of the Acts of 2011 (the FY2012 General Appropriation Act), I am submitting the comparison of Actual Revenue Collections to Budget for final balances for FY2011 and for the first two quarters of FY 2012.

 These reports detail actual revenue collections based on amounts accounted for in the official books and records of the Commonwealth-MMARS, as of June 30, 2011 for FY 2011; and as of December 31, 2011 for FY 2012.  Certain revenues are collected on a seasonal basis.  There may be other fluctuations as well.  Thus, a gross mathematical extrapolation of twelve months of revenue activity may be misleading.

 Additional detail is available in various MMARS reports and will be furnished upon request.

Respectfully transmitted,

Martin J. Benison

Attachment: Fiscal Year 2011 as of June 30 Tax and Non-Tax Revenue xls format of 2011 Year End
, Fiscal Year 2012 as of September 30 xls format of FY12 Sept 30 2011
, and December 30 Tax and Non-Tax Revenue worksheets xls format of FY12 Dec 31 2011

Matthew Gorzkowicz, Undersecretary, ANF
Samuel Goldhar, Budget Director, House Ways and Means
Douglas Howgate, Budget Director, Senate Ways and Means.