Local Aid Stabilization Fund Balances
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| Established in Chapter 194 of the Acts of 2011 (An Act Establishing Expanded Gaming in the Commonwealth), The Local Aid Stabilization Fund will collect 5 percent of any one-time gaming licensing funding paid to the Massachusetts Gaming Commission by Category 1 or Category 2 licensees. In FY 2014, this amount is calculated to total $3.1 M. | |||
| FY14 | FY15 | ||
|---|---|---|---|
| Beginning Fund Balances | 0.0 | 0.0 | |
| Consolidated Transfers | 3.1 | 0.0 | |
| Total Revenues | 3.1 | 0.0 | |
| Transfers from Other Funds | (3.1) | 20.0 | |
| Total Available | 0.0 | 20.0 | |
| Education | 1.3 | 0.0 | |
| Total Expenditures | 1.3 | 0.0 | |
| Transfers to Other Funds | (1.3) | 20.0 | |
| Ending Fund Balances | 0.0 | 0.0 | |
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