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Account	Description	FY07 GAA	FY08 GAA
0699-9100	Short-Term Debt Service and Costs of Issuance For the payment of interest and issuance costs on bonds and bond and revenue anticipation notes and other notes pursuant to sections 47 and 49B of chapter 29 of the General Laws and for the payment to the United States pursuant to section 148 of the Internal Revenue Code of 1986 of any rebate amount or yield reduction payment owed with respect to any bonds or notes or other obligations of the commonwealth; provided, that the treasurer shall certify to the comptroller a schedule of the distribution of costs among the various funds of the commonwealth; provided further, that the comptroller shall charge costs to the funds in accordance with the schedule; and provided further, that any deficit in this item at the close of the fiscal year ending June 30, 2008 shall be charged to the various funds or to the General Fund or Highway Fund debt service reserves	20,950,000	16,950,000

 
 

HISTORICAL SPENDING CATEGORIES ($000)

SPENDING CATEGORY	FY04 Spending	FY05 Spending	FY06 Spending	FY07 Spending	FY08 GAA
Operating Expenses	119	0	51	0	0
Debt Service	10,172	12,553	11,755	20,950	16,950
TOTAL	10,292	12,553	11,807	20,950	16,950

* FY07 Projected Spending includes the budget plus nearly $1 billion in spending from FY06 supplemental budgets.