| The Commonwealth Transportation Fund accounts for road and highway use revenues, including the gas tax, registry fees and 0.385% of the sales tax. The fund is used to pay debt service associated with highway maintenance and construction projects and provides funding for the operation of the independent Massachusetts Department of Transportation (MassDOT). Established as part of the historic transportation reforms implemented in fiscal year 2010, the fund is new for fiscal year 2011 and replaces the former Highway Fund as the principal source of transportation related revenues and expenditures for the Commonwealth. | |||
| FY09 | FY10 | FY11 | |
|---|---|---|---|
| Beginning Fund Balances | 16.2 | 0.0 | 0.0 |
| Taxes | 620.5 | 656.9 | 959.4 |
| Federal Revenues | 1.0 | 0.1 | 0.0 |
| Departmental Revenues | |||
| - Fees | 407.7 | 503.3 | 0.0 |
| - Special Assessments | 13.5 | 13.7 | 0.0 |
| - Rents | 3.4 | 1.7 | 0.0 |
| - Reimbursement for Services | 1.9 | 0.8 | 0.0 |
| - Miscellaneous | 0.8 | 1.8 | 0.0 |
| - Revenue Collections by Courts | 0.3 | 0.3 | 0.0 |
| - Licenses and Permits | 0.3 | 0.3 | 0.0 |
| - Sale of Goods | 0.3 | 0.4 | 0.0 |
| Consolidated Transfers | (82.3) | (204.6) | 0.0 |
| Total Revenues | 967.6 | 974.7 | 959.4 |
| Transfers from Other Funds | 0.0 | 465.1 | 499.0 |
| Total Available | 983.8 | 1,439.8 | 1,458.4 |
| Debt Service | 740.7 | 884.6 | 1,043.3 |
| Independents | 5.6 | 11.0 | 40.0 |
| Administration & Finance | 5.6 | 0.0 | 0.0 |
| Energy & Environmental Affairs | 0.0 | 8.4 | 0.0 |
| Transportation | 206.7 | 65.9 | 0.0 |
| Public Safety | 240.7 | 7.6 | 0.0 |
| Total Expenditures | 1,199.3 | 977.5 | 1,083.3 |
| Transfers to Other Funds | (215.5) | 462.3 | 375.1 |
| Ending Fund Balances | 0.0 | 0.0 | 0.0 |