News

The Stabilization Fund page of the Comptroller’s Office CTHRU transparency website has been updated to reflect the recent transfer of $852 million in capital gains tax revenues to the Fund. The Stabilization Fund balance is currently $4.381 billion, with $880 million having been added in FY21. There is likely to be an additional transfer after DOR's final FY21 transfer certification in July.

The Massachusetts Clean Water Trust has successfully sold roughly $351.4 million in two series of new money Green Bonds and Sustainability Bonds.

The Trust would like to thank its banking team led by Morgan Stanley and the Massachusetts Treasury for its hard work and dedication on a successful sale. This was the 6th (sixth) Green Bond sale for the Trust but the first Sustainability Bond sale for both the Commonwealth and any State Revolving Fund (SRF) in the country!