Comptroller Fiscal Year Memo Letter Head

March 13, 2014

Secretary Glen Shor
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 Shor, Chairmen Brewer and Dempsey:

In accordance with the requirement in Sections 1A and 1B of Chapter 139 of the Acts of 2012 (the FY2013 General Appropriation Act), as well as Sections 1A and 1B of Chapter 38 of the Acts of 2013 (the FY2014 General Appropriation Act), I am submitting the comparison of Actual Revenue Collections to Budget for final balances for FY2013 and for the first two quarters of FY 2014.

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, 2013 for FY 2013; and as of December 31, 2013 for FY 2014.  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 2013 as of June 30 pdf format of FY13 Final 1A-1B
,  Tax and Non-Tax Revenue and Fiscal Year 2014 as of September 30 pdf format of FY14 Q1
, and December 31 Tax and Non-Tax Revenue worksheets pdf format of FY14 Q2

Emme Schultz, Budget Director, ANF
Ashley Groffenberger, Budget Director, House Ways and Means
Douglas Howgate, Budget Director, Senate Ways and Means