HOUSE DOCKET, NO. 94601 FILED ON: 4/14/2010
HOUSE . . . . . . . . . . . . . . . No. 4600
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The Commonwealth of Massachusetts
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In the Year Two Thousand Ten
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An Act making appropriations for the fiscal year 2011 for the maintenance of the departments, boards, commissions, institutions and certain activities of the Commonwealth, for interest, sinking fund and serial bond requirements and for certain permanent improvements..
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
1A. In accordance with Articles LXIII and CVII of the Articles of Amendment to the Constitution of the Commonwealth and section 6D of chapter 29 of the General Laws, it is hereby declared that the amounts of revenue set forth in this section by source for the respective funds of the commonwealth for the fiscal year ending June 30, 2010, are necessary and sufficient to provide the means to defray the appropriations and expenditures from such funds for that fiscal year as set forth and authorized in section 2. The comptroller shall keep a distinct account of actual receipts from each such source by each such fund, furnish the executive office for administration and finance and the house and senate committees on ways and means with quarterly statements comparing such receipts with the projected receipts set forth in this section, and include a full statement comparing such actual and projected receipts in the annual report for that fiscal year pursuant to section 12 of chapter 7A of the General Laws. These quarterly and annual reports shall also include detailed statements of any other sources of revenue for the budgeted funds in addition to those specified in this section.
Fiscal Year 2011 Revenue by Source and Budgeted Fund (in Millions)
Tax Source
All Budgeted Funds
General Fund
Commonwealth Transportation Fund
SMART
MBTA
Substance Abuse Prevention and Treatment Fund
Other Budgeted Funds*
Alcoholic Beverages
71.6
71.6
Cigarettes
484.0
484.0
Corporations
1,371.9
1,371.9
Deeds
113.7
113.7
Estate Inheritance
205.0
205.0
Financial Institutions
193.8
193.8
Income
10,629.7
10,629.7
Insurance
326.2
326.2
Motor Fuels
663.6
662.7
0.9
Public Utilities
27.9
27.9
Room Occupancy
100.0
65.0
35.0
Sales - Regular
3,443.4
1,924.5
212.1
550.9
655.9
100.0
Sales - Meals
790.1
741.4
48.7
Sales - Motor Vehicles
583.7
343.1
36.0
93.4
111.1
Miscellaneous
25.2
25.2
UI Surcharges
20.2
20.2
Total Tax Revenues
19,050.0
16,523.0
959.5
644.3
767.0
100.0
56.1
SBA Transfer
(644.3)
(644.3)
MBTA Transfer
(767.0)
(767.0)
Pension Transfer
(1,441.8)
(1,441.8)
Total Consensus Taxes for Budget
16,196.9
15,081.2
959.5
100.0
56.1
Tax Revenue
Administrative Provisions to Facilitate Tax Collections
30.5
30.5
Massachusetts Life Science Tax Credit Cap
5.0
5.0
Annualized Value of Additional Auditors
20.0
20.0
Total Tax Initiatives
55.5
55.5
TOTAL Taxes Available for Budget
16,252.4
15,136.7
959.5
100.0
56.1
Non-Tax Revenue
Federal Reimbursements
8,765.1
8,758.3
6.8
Departmental Revenues
2,898.2
2,388.3
498.9
11.0
Consolidated Transfers
1,858.4
1,860.5
(2.1)
Grand Total
29,774.2
28,143.8
1,458.4
100.0
71.8
*Includes revenue deposited into the Workforce Training Fund, Mass Tourism Fund, Inland Fish and Game Fund, and Stabilization Fund