| Fiscal Year 2018 Financial Statement - Budgeted Funds (in millions) | All Funds | General | Common- wealth Trans Fund |
Gaming Local Aid |
Gaming Economic Develop |
Stabili- zation Fund |
Other* |
|---|---|---|---|---|---|---|---|
| FISCAL YEAR 2018 BEGINNING BALANCES | |||||||
| Reserved or Designated Balances | 117.3 | 85.8 | 18.1 | 0.0 | 0.0 | 0.0 | 13.4 |
| Stabilization Fund Balance | 1,300.7 | 0.0 | 0.0 | 0.0 | 0.0 | 1,300.7 | 0.0 |
| Undesignated Fund Balances | 29.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 29.7 |
| Subtotal, Beginning Balances | 1,447.7 | 85.8 | 18.1 | 0.0 | 0.0 | 1,300.7 | 43.1 |
| CURRENT YEAR REVENUES AND OTHER SOURCES | |||||||
| Total Tax Revenue | 26,761.0 | 23,567.7 | 1,314.4 | 0.0 | 0.0 | 0.0 | 1,878.9 |
| Tax Transfers | |||||||
| 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 Transfer to the MBTA | (1,006.8) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (1,006.8) |
| Sales Tax Transfer to the MSBA | (846.6) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (846.6) |
| Unemployment Insurance Surcharge Transfer to the Workforce Training Trust Fund | (24.5) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (24.5) |
| Subtotal, Tax Transfers | (4,272.4) | (2,394.5) | 0.0 | 0.0 | 0.0 | 0.0 | (1,877.9) |
| Subtotal, Tax Revenue Available for Budget | 22,488.6 | 21,173.2 | 1,314.4 | 0.0 | 0.0 | 0.0 | 1.0 |
| Non-Tax Revenue | |||||||
| Federal Reimbursements | 11,556.3 | 11,550.1 | 0.0 | 0.0 | 0.0 | 0.0 | 6.2 |
| Departmental Revenue | 4,698.1 | 3,975.1 | 703.2 | 0.0 | 0.0 | 4.8 | 15.0 |
| Consolidated Transfers | 1,964.4 | 1,793.3 | 40.0 | 64.4 | 0.0 | 66.5 | 0.2 |
| Subtotal, Non-Tax Revenue | 18,218.8 | 17,318.5 | 743.2 | 64.4 | 0.0 | 71.3 | 21.4 |
| Subtotal, Current Year Revenues | 40,707.4 | 38,491.7 | 2,057.6 | 64.4 | 0.0 | 71.3 | 22.4 |
| Total, Total Revenues | 42,155.1 | 38,577.5 | 2,075.7 | 64.4 | 0.0 | 1,372.0 | 65.5 |
| TOTAL EXPENDITURES | 40,614.8 | 38,520.0 | 1,987.7 | 64.3 | 0.0 | 5.2 | 37.6 |
| FUND BALANCES AND TRANSFERS | |||||||
| Interfund Transfers | 100.3 | 91.7 | 4.2 | 0.0 | 0.0 | 0.0 | 4.4 |
| Reserved Fund Balances | 43.9 | 43.2 | 0.0 | 0.0 | 0.7 | 0.0 | 0.0 |
| Designated for Debt Service | 18.1 | 0.0 | 18.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Undesignated Fund Balances | 1,378.0 | (77.4) | 65.7 | 0.1 | (0.7) | 1,366.8 | 23.5 |
| Fund Balance Transfers | 0.0 | 65.1 | (65.7) | (0.1) | 0.7 | 0.0 | 0.0 |
| Unassigned Fund Balances | (13.0) | (12.3) | 0.0 | 0.0 | 0.0 | 0.0 | (0.7) |
| Anticipated Revenue and Spending Management | 13.0 | 12.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.7 |
| Total, Consolidated Net Surplus | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| FISCAL YEAR 2018 ENDING BALANCES | |||||||
| Reserved or Designated Balances | 63.5 | 43.2 | 18.1 | 0.0 | 0.7 | 0.0 | 1.5 |
| Stabilization Fund Balance | 1,366.9 | 0.0 | 0.0 | 0.0 | 0.0 | 1,366.9 | 0.0 |
| Undesignated Fund Balances | 12.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 12.1 |
| Total, Ending Balances | 1,442.5 | 43.2 | 18.1 | 0.0 | 0.7 | 1,366.9 | 13.6 |
| Refer to the Commonwealth Information Statement Dated December 13, 2017 for more information |
| * Other funds include the Inland Fisheries and Game Fund, Marine Recreational Fisheries Development Fund, |
| Public Safety Training Fund, and revenue transferred to the Massachusetts Bay Transportation Authority, |
| Massachusetts School Building Authority, and the Workforce Training Trust Fund |