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Office of the Treasurer and Receiver-General
| DEPARTMENT | FY2012 Budgetary Recommendations |
FY2012 Federal, Trust, and ISF |
FY2012 Total Spending |
FY2012 Budgetary Non-Tax Revenue |
|---|---|---|---|---|
| Office of the Treasurer and Receiver-General | 2,079,763 | 441,801 | 2,521,564 | 87,607 |
| account | description | amount | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| OFFICE OF THE TREASURER AND RECEIVER-GENERAL | 2,521,563,584 | |||||||||
| Budgetary Direct Appropriations | 2,079,762,855 | |||||||||
| Direct Appropriations | ||||||||||
| 0610-0000 | Office of the Treasurer and Receiver - General
For the operation of the office of the treasurer and receiver general |
9,181,660 | ||||||||
| 0610-0010 | Financial Literacy Programs
For programs to promote and improve financial literacy for Massachusetts residents |
85,000 | ||||||||
| 0610-0050 | Alcoholic Beverages Control Commission
For the alcoholic beverages control commission |
1,993,336 | ||||||||
| 0610-0140 | Financial Institution Fees
For the purpose of funding administrative, transactional and research expenses associated with maintaining and increasing the interest earnings on the commonwealth's General and Stabilization Fund investments |
21,582 | ||||||||
| 0610-2000 | Welcome Home Bill Bonus Payments
For bonus payments to veterans under section 16 of chapter 130 of the acts of 2005 |
3,155,604 | ||||||||
| 0611-1000 | Bonus Payments to War Veterans
For bonus payments to war veterans |
44,500 | ||||||||
| 0612-0105 | Public Safety Employees Line-of-Duty Death Benefits
For payment of the public safety employees line of duty death benefits authorized by section 100A of chapter 32 of the General Laws |
100,000 | ||||||||
| 0699-0015 | Consolidated Long-Term Debt Service
For the payment of interest, discount and principal on certain bonded debt of the commonwealth, previously charged to the Local Aid Fund, the State Recreation Areas Fund, the Metropolitan Parks District Fund, the Metropolitan Water District Fund, the Metropolitan Sewerage District Fund, the Watershed Management Fund, the Highway Fund and the Inter-City Bus Fund; provided, that payments of certain serial bonds maturing previously charged to the Local Aid Fund, the State Recreation Areas Fund, the Metropolitan Water District Fund, the Metropolitan Sewerage District Fund and the Highway Fund shall be paid from this item; provided further, that notwithstanding any general or special law to the contrary, the state treasurer may make payments under section 38C of chapter 29 of the General Laws from this item and item 0699-9100 and may expend amounts received under section 38C without further appropriation; provided further, that the payments shall pertain to the bonds, notes, or other obligations authorized to be paid from each item or to refunding escrows related to debt of the commonwealth; provided further, that notwithstanding any general or special law to the contrary, the comptroller may transfer the amounts that would otherwise be unexpended on June 30, 2012, from item 0699-0015 to item 0699-9100 or from item 0699-9100 to item 0699-0015 which would otherwise have insufficient amounts to meet debt service obligations for the fiscal year ending June 30, 2012; provided further, that each amount transferred shall be charged to the funds as specified in the item to which the amount is transferred; provided further, that payments on bonds issued under section 2O of chapter 29 of the General Laws shall be paid from this item and shall be charged to the Commonwealth Transportation Fund; provided further, that payments of interest, discount and principal on certain bonded debt of the commonwealth associated with the Watershed Management Fund for the acquisition of development rights and other interests in land, including fee simple acquisitions of watershed lands of the Quabbin and Wachusett reservoirs and the Ware river watershed above the Ware river intake pipe shall be paid from this item; provided further, that notwithstanding any general or special law to the contrary or other provisions of this item, the comptroller may charge the payments authorized in this item to the appropriate budgetary or other fund subject to a plan which the comptroller shall file 10 days in advance with the house and senate committees on ways and means; and provided further, that the comptroller shall transfer from this item to the Government Land Bank Fund an amount equal to the amount by which debt service charged to the fund exceeds revenue deposited to the fund
|
1,865,250,000 | ||||||||
| 0699-0016 | Accelerated Bridge Program Debt Service
For the payment of interest, discount and principal on certain indebtedness incurred under chapter 233 of the acts of 2008 for financing the accelerated bridge program
|
25,217,566 | ||||||||
| 0699-2004 | Central Artery/Tunnel Debt Service
For the payment of interest, discount and principal on certain indebtedness incurred under section 63 of chapter 10 of the General Laws for financing the central artery/tunnel funding shortfall
|
86,189,402 | ||||||||
| 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 under sections 47 and 49B of chapter 29 of the General Laws and for the payment to the United States under section 148 of the Internal Revenue Code of 1986 of any rebate amount or yield reduction payment owed with respect to any outstanding bonds or notes 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, 2012 shall be charged to the various funds or to the General Fund or Transportation Fund debt service reserves |
27,916,605 | ||||||||
| 0699-9101 | Grant Anticipation Notes Debt Service
For the purpose of depositing with the trustee under the trust agreement authorized in section 10 of chapter 11 of the acts of 1997 an amount to be used to pay the interest due on notes of the commonwealth issued under section 9 of chapter 11 of the acts of 1997 and secured by the Federal Highway Grant Anticipation Note Trust Fund
|
22,607,600 | ||||||||
| account | description | amount | ||||
|---|---|---|---|---|---|---|
| Retained Revenues | ||||||
| 0699-0005 | RANs Premiums Debt Service
The state treasurer may retain and expend an amount not to exceed $20,000,000 in fiscal year 2012 from premiums paid on the sales of revenue anticipation notes and expend such premium payments for the purposes of paying principal and interest on account of the revenue anticipation notes |
20,000,000 | ||||
| 0699-0019 | Long Term Debt Service Retained Revenue
For the payment of interest, discount and principal on certain bonded debt and the sale of bonds of the commonwealth; provided, that the state treasurer may expend revenues up to $18,000,000 generated from interest earnings in fiscal year 2012 from the state's General Fund and Stabilization Fund for this purpose |
18,000,000 | ||||
| account | description | amount | ||||
|---|---|---|---|---|---|---|
| Intragovernmental Service Spending | 6,217,722 | |||||
| 0699-0018 | Agency Debt Service Programs
For the cost of debt service for the fiscal year ending June 30, 2012 for the clean energy investment program and other projects or programs for which an agency has committed to fund the associated debt service; provided, that the treasurer may charge other appropriations and federal grants for the cost of the debt service
|
6,217,722 | ||||
| account | description | amount |
|---|---|---|
| Trust and Other Spending | 435,583,007 | |
| 0610-0093 | A Hero's Welcome Trust Fund | 35,000 |
| 0610-3382 | Commonwealth Covenant Fund | 532,543 |
| 0612-0000 | State Board of Retirement Administration | 2,925,406 |
| 0612-1013 | Martin H. McNamara Annuity Trust | 36,000 |
| 0612-1020 | State Retirement Board Pension Fund | 278,736 |
| 0612-1600 | State Employees Annuities Fund Balance | 272,500,000 |
| 0650-1700 | Abandoned Property | 159,275,322 |
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