Comptroller Fiscal Year Memo Letter Head

August 31, 2010

Navjeet Bal, Commissioner
Department of Revenue
100 Cambridge Street
Boston, MA 2114

Dear Commissioner Bal:

The purpose of this letter is to certify certain State Tax Revenues for fiscal year 2010.  Please note that Boxers’ Fund (C147, S40A) is included for the first time this year.  Kindly rely upon this information as you make subsequent reports to the Office of the State Auditor to comply with the requirements of Section5 Chapter 62F, MGL.

Attachment A represents the official books of the Commonwealth statewide.  The current reconciliation of detail between the Comptroller’s Accounting System, the Treasury’s Cash Management System and the Department of Revenue Accounting System indicates that all three systems are in balance.

At a later date, you may notice a variance in the amount reported for deeds tax revenue in the Commonwealth’s financial reports (statutory basis).  This is attributed to reporting of these taxes on an accrual basis in these reports.  Please note the amounts specified in this certification do not include accrual.

In closing, the cooperative efforts of staff from the Department of Revenue, the Office of the State Auditor, the Office of the State Treasurer and Receiver General and the Office of the Comptroller have yielded excellent results.  Strict observation to Comptroller’s year end closing instructions allowed for the accurate and timely certification of FY2010 Tax Revenues.  I express my appreciation to all staff that participated in this project.

Do not hesitate to contact me if you need additional information.


Martin J. Benison

Attachment xls format of Blue Bk 2010

cc: A. Joseph DeNucci, State Auditor
     Timothy Cahill, State Treasurer and Receiver General
     Jay Gonzalez, Secretary for Administration and Finance