Comptroller Fiscal Year Memo Letter Head

February 21, 2017

 

Secretary Kristen Lepore
Executive Office of Administration and Finance

The Honorable Karen Spilka, Chairman
Senate Committee on Ways and Means

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

Dear Secretary Lepore, Chairwoman Spilka and Chairman Dempsey:

In accordance with the requirement in Sections 1A and 1B of Chapter 46 of the Acts of 2015 (the FY2016 General Appropriation Act), as well as Sections 1A and 1B of Chapter 133 of the Acts of 2016 (the FY2017 General Appropriation Act), I am submitting the comparison of Actual Revenue Collections to Budget for final balances for FY2016 and for the first two quarters of FY 2017.

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, 2016 for FY 2016; and as of September 30 and December 31, 2016 for FY 2017.  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.

Sincerely,

Thomas G. Shack III
Comptroller

Attachment: Fiscal Year 2016 as of June 30th Tax xlsx format of FY2016 Final Taxes Summary 1A.xlsx
and Non-Tax xlsx format of FY2016 Final - Non Tax Detail.xlsx
Revenue
                   Fiscal Year 2017 as of September 30th Tax xlsx format of FY2017 Period 3 Report - Taxes Summary 1A
and Non-Tax xlsx format of FY2017 Period 3 Report - Non Tax Detail
Revenue
                   Fiscal Year 2017 as of December 31th Tax xlsx format of Filing Copy - FY2017 Period 6 Report - Taxes Summary 1A
and Non-Tax xlsx format of FY2017 Period 6 Report - Non Tax Detail
Revenue

Cc:     Catharine Hornby, Assistant Secretary for Budget, ANF
          Justin Sterritt, Budget Director, House Ways and Means
          Adriana Campos, Budget Director, Senate Ways and Means