FY2014 Accounts Payable and FY2015 First Quarter Report (10/24/2014)

Comptroller Fiscal Year Memo Letter Head

October 24, 2014

Honorable Brian S. Dempsey, Chair
House Committee on Ways and Means
State House – Room 243
Boston, MA  02133

Dear Representative Dempsey:

As required by Section 2 Chapter 38 of the Acts of 2013 and Section 2 Chapter 165 of the Acts of 2014, the Office of the Comptroller is submitting these accounts payable BFY2014 and first quarter BFY2015, as of September 30, 2014, reports on “Settlements and Judgments” to the House and Senate Committees on Ways and Means.

The attached reports contain information regarding payments, by department, of settlements and judgments from appropriation account 1599-3384.

The total spent during the accounts payable period of BFY2014, from 1599-3384, was $1,839,871 and the total spent during the first quarter of BFY2015 was $2,926,787.

In summary: 

In BFY2014, $10,264,398 was appropriated to the settlement and judgment account (1599-3384).  A total of $10,262,217 was spent through the accounts payable period of BFY2014.

Total Amount Available FY2014                              $  10,264,398
Expended in Previous Quarters

                          (8,422,346)

Expended in the Accounts Payable Period

   (1,839,871)

9/30/2014 Balance

$           2,181            

In BFY2015, $4,000,000 was appropriated to the settlement and judgment account (1599-3384).  A total of $2,926,787 was spent during the first quarter.

Total Amount Available FY2015       $  4,000,000   
Expended in the First Quarter

   (2,926,787)                           

9/30/2014 Balance

$    1,073,213

   

As of the date of this letter for FY15 $1,023,582.88 remains in account 1599-3384.

Please let me know if you have any questions or need anything further.

Sincerely,

 

Martin J. Benison
Comptroller

MJB/sp

enc.

cc:        Stephen M. Brewer, Chair, Senate Committee on Ways and Means

            Glen Shor, Secretary, Executive Office for Administration and Finance

            Doug Howgate, Budget Director, Senate Ways and Means Committee

            Kathryn Kendall, Budget Director, House Ways and Means Committee

            Emme Schultz, Budget Director, Administration and Finance

 

© Comptroller of the Commonwealth of Massachusetts.