Comptroller Fiscal Year Memo Letter Head


M E M O R A N D U M

To:Legislative Leadership, Judicial Branch Administrators, Elected Officials, Secretariats, Department Heads, Chief Fiscal Officers, MMARS Liaisons, and Payroll Directors
From:Martin J. Benison, Comptroller
Date:July 1, 2009
Re:

Official Opening of FY2010

Comptroller Memo
FY#2010-03

Executive Summary

Chapter 27, the FY 2010 General Appropriation Act has been signed. This memo announces that July 1, 2009 is the official "opening date" of the accounting system. A deadline of July 17, 2009 is established for the alignment of encumbrances and expenditures with the enacted budget.

The FY 2010 Budget has been signed. All accounts in all funds have been registered in MMARS and expenditure ceilings have been adjusted to reflect 2/12 ths of the amount available for spending in all subsidiaries for all departments subject to the periodic allotment. This establishes legal authorization for FY 2010 obligations and expenditures as of July 1, 2009. Therefore, the official "opening date" of the accounting system for FY 2010 is July 1, 2009. Late penalty interest can be requested by vendors if bills have not been paid 45 days after the receipt of the invoice or 45 days after July 1, 2009, whichever is later in accordance with 815 CMR 4.00.

Any accounting transactions that were processed under the House I revised structure must be recorded in conformance with the General Appropriation Act. Payroll funding edits are invoked each payroll cycle in the accounting system. Departments should complete any payroll and non-payroll adjustments to conform to the FY 2010 chart of accounts by July 17, 2009.

If you have specific accounts for which you have questions or require additional guidance, please contact Michael W. Eyob, Accounts Payable Director, at (617) 973-2310 or Kevin McHugh, Payroll Director, at (617) 973-2335.

Please distribute this memo to all pertinent personnel.

CCGeneral Counsels
Internal Distribution