Comptroller Fiscal Year Memo Letter Head

August 30, 2011

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 2011.  Kindly rely upon this information as you make subsequent reports to the Office of the State Auditor to comply with the requirements of Section 5 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 FY2011 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.

Sincerely,

Martin J. Benison
Comptroller

MJB/ch
Attachment xls format of    Blue Bk Letter 2011

cc: Suzanne Bump, State Auditor
     Steven Grossman, State Treasurer and Receiver General
     Jay Gonzalez, Secretary for Administration and Finance