On June 14, 2021, the Baker-Polito Administration released its Capital Investment Plan, providing for the Commonwealth’s capital needs in Fiscal Year 2022. Learn more by visiting the Capital Budget FY22 page.
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.
Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder announced that preliminary revenue collections for May totaled $4.002 billion, which is $2.264 billion or 130.3% more than the actual collections in May 2020, and $2.109 billion or 111.4% more than benchmark.
Find the full revenue numbers on the Department of Revenue's website.
Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder announced that preliminary revenue collections for April totaled $3.865 billion, which is $1.885 billion (95.1%) more than the actual collections in April 2020, and $385 million (11.1%) more than benchmark. Find the full revenue numbers on the Department of Revenue's website.
The Commonwealth Investor Conference Call is on April 28th at 1:30 pm EST.
Slide Deck
The slide deck for the call can be found here.
The Commonwealth has issued a Request for Responses (“RFR”) from qualified banks and other institutions interested in providing senior underwriting services for the Commonwealth's Unemployment Insurance Trust Fund Financing (UTF). The RFR can be found here
Please find the Information Statement dated April 12, 2021 here.
The Comptroller of the Commonwealth William McNamara published the Commonwealth’s Comprehensive Annual Financial Report for Fiscal Year 2020, the period that ended June 30, 2020. The report can be found here.
Massachusetts Department of Revenue Commissioner Geoffrey Snyder has that announced that preliminary revenue collections for March totaled $3.061 billion, which is $402 million or 15.1% more than the actual collections in March 2020 and $648 million or 26.8% more than the benchmark. Find the full revenue numbers at the Department of Revenue's website.
The Commonwealth of Massachusetts Debt Management team would like to thank our investors, our banking team led by Morgan Stanley, the Massachusetts Treasury, and Administration and Finance for its hard work on an extremely successful bond sale.
Please check out these images of the Morgan Stanley Billboard in Times Square!