GENERAL FUND SUMMARY
2021-22 2022-23
Opening Balance, July 1 $ 2,581,053,000 $ 2,828,524,000
Revenues
Taxes 18,927,695,800 20,872,749,400
Departmental Revenues
Tribal Gaming Revenues 0 21,729,300
Other 481,661,900
486,219,400
Total Available $ 21,990,410,700 $ 24,209,222,100
Appropriations, Transfers, and Reserves
Gross Appropriations $ 19,284,768,700 $ 19,731,372,000
MA Biennial Adjustment -360,000,000 360,000,000
Transfers to:
Transportation Fund 178,869,600 97,289,300
Building Trust Fund 15,000,000 0
MA Trust Fund 174,665,900 527,783,700
UI Trust Fund 60,000,000 60,000,000
Compensation Reserves 41,929,200 105,951,600
Less Lapses -233,346,700
-553,041,400
Net Appropriations $ 19,161,886,700 $
20,329,355,200
Balance
Gross Balance $ 2,828,524,000 $ 3,879,866,900
Less Required Statutory Balance -90,000,000 -95,000,000
Net Balance $ 2,738,524,000 $ 3,784,866,900
SUMMARY OF APPROPRIATIONS — ALL FUNDS
2021-22 2022-23
General Purpose Revenue $ 19,284,768,700 $ 19,731,372,000
Federal Revenue $ 12,905,013,700 $ 12,704,641,400
Program (11,943,494,500) (11,727,336,200)
Segregated (961,519,200) (977,305,200)
Program Revenue $ 6,837,622,300 $ 6,850,180,200
State (5,858,329,700) (5,891,327,600)
Service (979,292,600) (958,852,600)
Segregated Revenue $ 4,417,989,200 $ 4,547,174,500
State (4,185,899,000) (4,317,084,300)
Local (115,325,600) (115,325,600)
Service (116,764,600)
(114,764,600)
GRAND TOTAL $ 43,445,393,900 $ 43,833,368,100
SUMMARY OF COMPENSATION RESERVES — ALL FUNDS
2021-22 2022-23
General Purpose Revenue $ 41,929,200 $ 105,951,600
Federal Revenue 6,627,800 16,346,500
Program Revenue 11,024,200 27,189,100
Segregated Revenue 6,704,600
16,535,500
TOTAL $ 66,285,800 $ 166,022,700
LOTTERY FUND SUMMARY
2021-22 2022-23
Opening Balance and Reserve $ 80,466,600 $ 16,625,900
Gross Revenue
Ticket Sales $ 831,011,700 $ 831,011,700
Miscellaneous Revenue 283,400
283,400
Total Gross Revenue $ 831,295,100 $ 831,295,100
Expenses - SEG
Prizes $ 520,332,100 $ 520,332,100
Administrative Expenses 30,492,100 29,038,100
Total SEG Expenses $ 550,824,200 $ 549,370,200
Expenses - GPR
Administrative Expenses $ 72,875,000 $ 72,875,000
Net SEG Proceeds $ 280,470,900 $ 281,924,900
Total Available for Property Tax Relief
Opening Balance $ 80,466,600 $ 16,625,900
Net SEG Proceeds 280,470,900 281,924,900
Interest Earnings 60,400 18,600
Gaming-Related Revenue 0
0
Total Available for Tax Relief $ 360,997,900 $ 298,569,400
Property Tax Relief $ 344,371,900 $ 281,943,500
Gross Closing Balance $ 16,625,900 $ 16,625,900
Reserve $ 16,625,900 $ 16,625,900
Net Balance $ 0 $ 0
20.005(2)
(2)
State borrowing program summary. The following schedule sets forth the state borrowing program summary: [See Figures 20.005 (2) (a) and (b) following]
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See PDF for table 
SUMMARY OF BONDING AUTHORITY MODIFICATIONS
2021-23 BIENNIUM
Agency and Purpose Amount
GENERAL OBLIGATIONS
Administration
Energy conservation projects $ 25,000,000
Agriculture, Trade and Consumer Protection
