June 15, 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 68 of the Acts of 2011 (the FY2012 General Appropriation Act), I am submitting the comparison of Actual Revenue Collections to Budget for the third quarter of FY 2012.
These reports detail actual revenue collections based on amounts accounted for in the official books and records of the Commonwealth-MMARS, March 31, 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.
Martin J. Benison
Matthew Gorzkowicz, Undersecretary, ANF
Samuel Goldhar, Budget Director, House Ways and Means
Douglas Howgate, Budget Director, Senate Ways and Means.