| All Funds | General Fund | Workforce Training |
Commonwealth
Transportation Fund |
Mass Tourism |
Gaming
Local Aid Fund |
Stabilization
and Other Funds |
|
|---|---|---|---|---|---|---|---|
| FISCAL YEAR 2018 | |||||||
| FINANCIAL STATEMENT | |||||||
| Budgeted Funds (in millions) | |||||||
| FISCAL YEAR 2018 BEGINNING BALANCES | |||||||
| Undesignated Fund Balance | 38.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 38.4 |
| Stabilization Fund Balance | 1,302.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1,302.9 |
| Designated for Continuing Appropriations into FY2018 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Designated for Debt Service | 16.7 | 0.0 | 0.0 | 16.7 | 0.0 | 0.0 | 0.0 |
| Subtotal, Fiscal Year 2018 Beginning Balances | 1,358.0 | 0.0 | 0.0 | 16.7 | 0.0 | 0.0 | 1,341.3 |
| CURRENT YEAR REVENUES AND OTHER SOURCES | |||||||
| Gross Tax Revenues | 27,358.0 | 25,928.7 | 22.9 | 1,353.9 | 0.0 | 0.0 | 52.5 |
| Sales Tax Dedicated to the MBTA | (1,021.6) | (1,021.6) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Annual State Contribution to State Pension System | (2,394.5) | (2,394.5) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Sales Tax Dedicated to the SBA | (861.6) | (861.6) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Workforce Training Fund | (22.9) | 0.0 | (22.9) | 0.0 | 0.0 | 0.0 | 0.0 |
| Subtotal: Net Tax Revenue Available for Budget | 23,057.4 | 21,651.0 | 0.0 | 1,353.9 | 0.0 | 0.0 | 52.5 |
| Federal Reimbursements | 11,437.0 | 11,430.8 | 0.0 | 0.0 | 0.0 | 0.0 | 6.2 |
| Departmental Revenue | 4,458.2 | 3,736.4 | 0.0 | 699.5 | 0.0 | 0.0 | 22.3 |
| Consolidated Transfers | 2,087.3 | 1,948.9 | 0.0 | 40.0 | 0.0 | 64.4 | 34.0 |
| Subtotal, Fiscal Year 2018 Revenues | 41,039.9 | 38,767.1 | 0.0 | 2,093.4 | 0.0 | 64.4 | 115.0 |
| Total, Fiscal Year 2018 Available Resources | 42,397.9 | 38,767.1 | 0.0 | 2,110.1 | 0.0 | 64.4 | 1,456.3 |
| EXPENDITURES AND USES | |||||||
| Estimated Spending | 40,916.1 | 38,791.9 | 0.0 | 2,021.4 | 0.4 | 64.3 | 38.1 |
| Collective Bargaining Contingency Reserve | 44.2 | 44.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total, Fiscal Year 2018 Expenditures | 40,960.3 | 38,836.1 | 0.0 | 2,021.4 | 0.4 | 64.3 | 38.1 |
| END OF FISCAL YEAR RESERVED BALANCES | |||||||
| Designated for Continuing Appropriations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Designated for Debt Service | 16.7 | 0.0 | 0.0 | 16.7 | 0.0 | 0.0 | 0.0 |
| Fiscal Year 2018 UNDESIGNATED FUND BALANCE | 1,420.9 | (69.0) | 0.0 | 72.0 | (0.4) | 0.0 | 1,418.2 |
| Fund Balance Deficit Elimination Transfers | 0.0 | 71.6 | 0.0 | (72.0) | 0.4 | 0.0 | 0.0 |
| UNDESIGNATED FUND BALANCE | 1,420.9 | 2.6 | 0.0 | 0.0 | 0.0 | 0.0 | 1,418.2 |
| Balances Reserved in Other Budgeted Funds | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| CONSOLIDATED NET SURPLUS | 2.6 | 2.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| FISCAL YEAR 2018 ENDING BALANCES | |||||||
| Undesignated Fund Balance | 19.5 | 2.6 | 0.0 | 0.0 | 0.0 | 0.0 | 16.9 |
| Stabilization Fund Balance | 1,401.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1,401.3 |
| Designated for Continuing Appropriations into FY2019 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Designated for Debt Service | 16.7 | 0.0 | 0.0 | 16.7 | 0.0 | 0.0 | 0.0 |
| Totals, Fiscal Year 2018 Ending Balances | 1,437.6 | 2.6 | 0.0 | 16.7 | 0.0 | 0.0 | 1,418.2 |
| **Totals may not add due to rounding |