| FISCAL YEAR 2015 |
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| FINANCIAL STATEMENT |
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| Budgeted Funds (in millions) |
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| FISCAL YEAR 2015 BEGINNING BALANCES |
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| Undesignated Fund Balance |
20.6 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
20.6 |
| Stabilization Fund Balance |
1,265.5 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
1,265.5 |
0.0 |
| Designated for Continuing Appropriations
into FY2015 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| Designated for Debt Service |
13.9 |
0.0 |
0.0 |
13.9 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| SUBTOTAL, FISCAL YEAR 2015 BEGINNING
BALANCES |
1,300.0 |
0.0 |
0.0 |
13.9 |
0.0 |
0.0 |
0.0 |
0.0 |
1,265.5 |
20.6 |
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| CURRENT YEAR REVENUES AND OTHER SOURCES |
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| Gross Tax Revenues |
24,337.0 |
22,967.5 |
22.2 |
1,296.8 |
49.6 |
0.0 |
0.0 |
0.0 |
0.0 |
1.0 |
| Tax Initiatives |
107.9 |
36.4 |
0.0 |
0.0 |
3.7 |
0.0 |
67.8 |
0.0 |
0.0 |
0.0 |
| FAS 109 Delay |
45.8 |
45.8 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| Sales Tax Dedicated to the MBTA |
(811.3) |
(811.3) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| Annual State Contribution to the State
Pension System |
(1,793.0) |
(1,793.0) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| Sales Tax Dedicated to the SBA |
(782.4) |
(771.6) |
0.0 |
0.0 |
0.0 |
0.0 |
(10.8) |
0.0 |
0.0 |
0.0 |
| Workforce Training
Trust Fund Transfer |
(22.2) |
0.0 |
(22.2) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| SubTotal: Net Tax Revenue Available for
Budget |
21,081.8 |
19,673.8 |
0.0 |
1,296.8 |
53.3 |
0.0 |
57.0 |
0.0 |
0.0 |
1.0 |
| Federal Reimbursements |
9,522.0 |
9,165.5 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
350.0 |
0.0 |
6.5 |
| Departmental Revenue |
3,714.0 |
3,030.7 |
0.0 |
663.9 |
0.0 |
0.0 |
0.0 |
0.0 |
10.7 |
8.7 |
| Consolidated Transfers |
1,863.8 |
1,796.7 |
0.0 |
75.0 |
1.7 |
66.2 |
0.0 |
0.0 |
(75.9) |
0.1 |
| Settlements and Judgments > 5 YR
Median |
203.5 |
203.5 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| Tobacco Settlement Proceeds to OPEB |
(75.9) |
(75.9) |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| SUBTOTAL, FISCAL YEAR 2015 REVENUES |
36,309.2 |
33,794.3 |
0.0 |
2,035.7 |
55.0 |
66.2 |
57.0 |
350.0 |
(65.2) |
16.3 |
| |
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| TOTAL, FISCAL YEAR 2015 AVAILABLE
RESOURCES |
37,609.3 |
33,794.3 |
0.0 |
2,049.6 |
55.0 |
66.2 |
57.0 |
350.0 |
1,200.3 |
36.9 |
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| EXPENDITURES AND USES |
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| Appropriated Spending |
36,373.7 |
33,785.0 |
0.0 |
2,126.8 |
19.5 |
20.0 |
56.8 |
350.0 |
0.0 |
15.6 |
| Contingency Reserve |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| Unspent Appropriations Continued to
Fiscal Year 2016 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| TOTAL, FISCAL YEAR 2015 EXPENDITURES |
36,373.7 |
33,785.0 |
0.0 |
2,126.8 |
19.5 |
20.0 |
56.8 |
350.0 |
0.0 |
15.6 |
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| END OF FISCAL YEAR RESERVED BALANCES |
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| Designated for Continuing
Appropriations |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| Designated for Debt Service |
13.9 |
0.0 |
0.0 |
13.9 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| FISCAL YEAR 2015 UNDESIGNATED FUND
BALANCE |
1,221.7 |
9.3 |
0.0 |
(91.2) |
35.5 |
46.2 |
0.2 |
0.0 |
1,200.3 |
21.3 |
| |
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| Fund Balance Deficit Elimination
Transfers |
0.0 |
(9.3) |
0.0 |
91.2 |
(35.5) |
(46.2) |
(0.2) |
0.0 |
0.0 |
0.0 |
| UNDESIGNATED FUND BALANCE |
1,221.6 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
1,200.3 |
21.3 |
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| Balances Reserved in Other Budgeted
Funds |
1,221.6 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
1,200.3 |
21.3 |
| CONSOLIDATED NET SURPLUS |
0.1 |
0.0 |
0.0 |
0.0 |
0.1 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
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| FISCAL YEAR 2015 ENDING BALANCES |
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| Undesignated Fund Balance |
21.3 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
21.3 |
| Stabilization Fund Balance |
1,200.4 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
1,200.4 |
0.0 |
| Designated for Continuing Appropriations
into FY2016 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| Designated for Debt Service |
13.9 |
0.0 |
0.0 |
13.9 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
| TOTALS, FISCAL YEAR 2015 ENDING BALANCES |
1,235.6 |
0.0 |
0.0 |
13.9 |
0.0 |
0.0 |
0.0 |
0.0 |
1,200.4 |
21.3 |
