Section 1C - Consolidated Transfers
SECTION 1C. This subset of non-tax revenues comes in the form of consolidated transfers. Throughout the fiscal year there are a number of transfers between and among budgeted and non-budgeted funds. The following detail the budgetary impact of these sources and uses of funds.
Sources / Uses |
Department |
Amount |
---|---|---|
Sources | ||
Lottery Distributions & Reimbursements to the General Fund | Lottery | 1,042,749,427 |
Transfer into the General Fund from the Stabilization Fund | 400,000,000 | |
General Fund Fringe Revenue | Comptroller | 294,176,067 |
Master Settlement Tobacco Revenues | Comptroller | 253,627,919 |
Settlements and Judgements to the Stabilization Fund | 125,000,000 | |
Employer Responsibility Assessment | 94,000,000 | |
Gaming Licensing Revenue to Gaming Funds | 83,100,000 | |
Unclaimed Property | Treasurer | 82,339,707 |
Trust Fund Sweep | 46,000,000 | |
Indirect Revenues | Comptroller | 37,000,000 |
Capital Gains Tax Revenue Deposit to the Stabilization Fund | 37,000,000 | |
Division of Industrial Accidents Reimbursement | Workforce Development | 23,128,161 |
Federal Payment for Pension Costs | Treasurer | 20,445,523 |
Stabilization Fund Repayment from Gaming Licensing Proceeds | 20,000,000 | |
Contingency Based Revenues | Comptroller | 18,375,000 |
Transfer into General Fund of Stabilization Fund Investment | 5,650,000 | |
Reimbursement for License Plate Costs | Dept. of Correction | 3,011,122 |
Local Housing Authority Debt Service Reimbursement | Housing & Community Development | 2,602,560 |
DOR Settlements Offset | 2,000,000 | |
Lottery Transfer for Gamblers Treatment Program | Public Health | 1,270,000 |
Personal Needs Allowance Recoveries | Health & Human Services | 1,000,000 |
Debt Collection Contract Receipts | Comptroller | 360,000 |
Senior Citizen Hunting License Fees | Fish and Game | 130,000 |
Total Sources | 2,592,965,486 | |
Uses | ||
Transfer Out of the Stabilization Fund to the General Fund | -403,700,000 | |
Capital Gains Tax Revenue Deposit to the Stabilization Fund | -37,000,000 | |
Transfer into General Fund of Stabilization Fund Investment | -5,650,000 | |
Fringe Revenue Offset: Inland Fisheries and Game Fund | -1,939,000 | |
Fringe Revenue Offset: Massachusetts Tourism Fund | -356,000 | |
Total Uses | -448,645,000 | |
GRAND TOTAL | 2,144,320,486 |
