审计长bet356英国在线 files Fiscal Year 2022 Annual Comprehensive Financial Report

Among the major highlights published in the ACFR:

的 total “政府ernment-wide” or “primary 政府ernment” net position (which includes business-type activities of unemployment insurance, 带薪探亲假和病假, and higher education) stood at a deficit of $67.424 billion as of June 30, 2022, a decline in the net deficit of $8.3740亿年. Major reasons for this deficit include debt issued by the Commonwealth for road/bridge assets owned by the 质量achusetts Department of Transportation (质量DOT), capital grants and expenditures for state authorities and municipalities, 质量achusetts School Building Authority debt/grants payable, and unfunded pension and retiree health benefits.
的 Commonwealth’s current assets increased by $7.2022财年为6440亿美元, primarily as a result of increased cash on hand due to strong tax revenue growth as the 质量achusetts economy continued to recover from the COVID-19 pandemic.
的 Commonwealth’s net pension liability (net of deferrals) decreased by $1.109 billion, primarily due to strong financial market performance in Fiscal Year 2021.
Total revenues of the primary 政府ernment decreased by $692 million, or 0.7%, to $91.7310亿年, with strong tax revenue growth offset by a decline in federal unemployment insurance pandemic relief revenue.
主要政府支出总计83美元.3580亿，12.4% decrease from the previous fiscal year, due primarily to a decline in pandemic-related supplemental unemployment insurance benefit payments between Fiscal Years 2021 and 2022.
的 Commonwealth’s 政府ernmental funds reported a combined ending fund balance of $18.1330亿美元，增加4美元.从2021年6月30日起，将减少3160亿美元.

完整的报告可以在网上找到 http://vbsis.elahomecollection.com/annual-comprehensive-financial-reports/.

的 ACFR includes an auditors’ report prepared by the Commonwealth’s independent auditors, 班(CliftonLarsonAllen, LLP).

主计长威廉·麦克纳马拉说, “的 Annual Comprehensive Financial Report provides an accurate and complete picture of the Commonwealth of 质量achusetts – and reflects the sound condition of state finance. 我要感谢助理主计长 & Chief Financial Reporting Officer Pauline Lieu, Deputy Chief Financial Reporting Officer Tamia Buckingham, 高级顾问Howard Merkowitz, and the staff of the Statewide Financial Reporting Team. 的ir skill, commitment to accuracy, and plain hard work are evident in this report. I also thank the financial and administrative professionals in every department across the Commonwealth, who work year-round to execute the state’s financial processes with skill and dedication.”

bet356官网首页 the Annual Comprehensive Financial Report

的 ACFR is prepared in accordance with Generally Accepted Accounting Principles in the United States of America, as defined for 政府ernments by the Government Accounting Standards Board.

的 objective of the ACFR is to provide a clear financial picture of the 政府ernment of the Commonwealth of 质量achusetts as a single, 统一的入口, in a format that makes the report easily compared to other states. 的 ACFR incorporates activity from over 150 departments, 包括各个机构, 董事会, 和佣金, 25所高等教育机构, the judicial and legislative branches of 政府ernment, 宪法的bet356英国在线, 以及41个独立的, 独立的公共机构.

This report presents the Commonwealth’s financial information on two bases of accounting, 每一种都有不同的用途:

的 基金的角度来看 语句 present 政府ernmental operations on a modified accrual basis of accounting, 或者“基金视角”, which shows how the Commonwealth is able to meet its short-term obligations through “currently available resources”.
的 政府的角度 combines all 政府ernment and business-type activities in a statement of net position and a statement of activities, presenting all functions on a full accrual basis of accounting, including long-term assets such as capital assets and long-term liabilities such as debt and retiree pensions and health insurance benefits.

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审计长bet356英国在线 files Fiscal Year 2022 Annual Comprehensive Financial Report

bet356官网首页 the Annual Comprehensive Financial Report