Governor Deval Patrick's Budget Recommendation - House 2 Fiscal Year 2009

Governor's Budget Recommendation FY 2009

General Fund Balances


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General Fund Balances (in millions)
General Fund - The General Fund is the Commonwealth's primary Governmental Fund. All governmental activities not specifically directed to another fund are accounted for in the General Fund. As a result, most budgeted expenditures of the Executive secretariats, the Legislature, Constitutional offices, Judiciary, institutions of higher education and independent commissions are paid for from the General Fund. It similarly receives a significant portion of sales, individual income and corporate taxes, and the full amount of most other governmental taxes.
 
FY07 FY08 FY09
Beginning Fund Balances 2,086.9 1,740.7 1,555.7
Taxes 16,468.2 16,813.7 17,775.3
Federal Revenues 6,161.1 6,886.4 6,891.5
Departmental Revenues 
   - Reimbursement for Services 387.4 437.7 537.9
   - Fees 532.4 527.0 519.5
   - Special Assessments 145.9 298.3 318.6
   - Revenue Collections by Courts 111.4 115.0 141.1
   - Miscellaneous 136.7 142.7 115.8
   - Licenses and Permits 92.4 106.4 104.9
   - Interest Income 96.9 77.8 72.7
   - Unclaimed Deposits 40.2 40.3 41.7
   - Pensions - Other 47.3 41.6 41.6
   - Rents 30.7 31.1 31.1
   - Operating Transfers In 23.8 23.8 23.9
   - Revenue Maximization 28.0 20.2 18.6
   - Fines and Penalties 13.5 16.2 17.6
   - Sale of Goods 18.8 11.4 17.5
   - Federal Reimbursement 0.0 3.9 12.5
Consolidated Transfers 1,760.4 275.8 385.7
Total Revenues 26,095.1 25,869.5 27,067.5
Total Available 28,182.0 27,610.2 28,623.2
Local Aid 5,033.4 5,278.7 5,507.7
Medicaid 7,550.4 8,249.4 8,603.4
Debt Service 1,437.2 1,399.0 1,208.6
Judiciary 780.6 814.6 815.7
Independents 701.8 655.6 887.8
Administration & Finance 2,620.2 1,150.4 1,226.2
Energy & Environmental Affairs 223.9 219.1 219.6
Health & Human Services 4,577.4 4,788.8 4,916.3
Transportation 143.7 72.6 0.0
Housing & Economic Development 249.5 213.8 206.0
Labor & Workforce Development 39.0 52.5 48.1
Education 1,994.2 2,125.2 2,213.4
Public Safety 840.2 941.4 1,083.5
Legislature 59.1 90.0 59.6
Total Expenditures 26,250.6 26,051.0 26,995.8
Transfers to Other Funds 0.0 3.4 1,521.3
Ending Fund Balances 1,740.7 1,555.7 106.1

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