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Interim Budget

Aug 12

FY2021-07: FY 2021 Interim Budget Guidance

Chapter 131 of the Acts of 2020, the second FY 2021 Interim Budget, is signed. This memo offers guidance on operating under an interim bu...

FY2021-06: Federal Approval of Allocated and Billed Costs for FY2019

Office of the Comptroller

Aug 10

FY2021-06: Federal Approval of Allocated and Billed Costs for FY2019

The Office of the Comptroller is responsible for the development and submission of the Statewide Cost Allocation Plan (SWCAP) under the p...

FY2021-05: Approved FY2021 Fringe Benefit and Payroll Tax Rates

Office of the Comptroller

Aug 6

FY2021-05: Approved FY2021 Fringe Benefit and Payroll Tax Rates

The purpose of this memo is to notify departments of the approved fringe benefit and payroll tax rates for FY2021. The U.S. Department of...

Office of the Comptroller

Jul 31

FY2021-04: Late Penalty Interest Rate

The purpose of this memo is to advise departments that the late penalty interest rate for July 1, 2020 – December 31, 2020 is 0.25% per a...

FY2021-03: FY2021 Treasury State Agreements

Office of the Comptroller

Jul 24

FY2021-03: FY2021 Treasury State Agreements

The purpose of this memo is to advise departments of the FY21 annual Treasury-State Agreements (TSA) between the U.S. Department of the T...

FY2020-24: FY2020 Statutory Receivable Instructions

Office of the Comptroller

Jul 17

FY2020-24: FY2020 Statutory Receivable Instructions

The statutory receivable instructions provide guidance to departments on reporting receivables due from a governmental body that are rela...

FY20-23: FY2020 Higher Education Audit Guidance

Office of the Comptroller

Jul 13

FY20-23: FY2020 Higher Education Audit Guidance

The purpose of this memo is to advise the Institutions of Higher Education as to accounting and reporting guidance for FY2020. VIEW THE M...

FY2020-21: FY 2020 Annual Capital Asset Inventory Review

Office of the Comptroller

Jun 9

FY2020-21: FY 2020 Annual Capital Asset Inventory Review

FY2020-21 serves as notice that the annual inventory of GAAP capital assets is underway. Several MMARS reports can be accessed through Mo...

Office of the Comptroller

Jun 9

FY2020-20: FY2020 GAAP Instructions

FY2020-20 includes the instructions for financial reporting in accordance with Generally Accepted Accounting Principles (GAAP). The Instr...

Comptroller Andrew W. Maylor files Fiscal Year 2019 Comprehensive Annual Financial Report (CAFR)

Office of the Comptroller

Feb 10

Comptroller Andrew W. Maylor files Fiscal Year 2019 Comprehensive Annual Financial Report (CAFR)

Today, Comptroller of the Commonwealth Andrew W. Maylor filed the Commonwealth’s Comprehensive Annual Financial Report (CAFR) for Fiscal ...

Memo to advise departments in regards to late penalty interest rate for January 1, 2020 – June 30

Office of the Comptroller

Jan 21

Memo to advise departments in regards to late penalty interest rate for January 1, 2020 – June 30

CTR Memo FY2020-15 advises departments that the late penalty interest rate for January 1, 2020 – June 30, 2020 is 2.25% per annum (Daily...

Office of the Comptroller

Jan 17

FY2020-Q2 quarterly report on the status of federal funds applied for, received, and expended

The FY2020-Q2 report details the status of federal grants received and expended in the second quarter of fiscal year 2020 in accordance...

Massachusetts Jumps 28 places in Truth in Accounting’s 2019 Financial Transparency Score Report

Office of the Comptroller

Dec 16, 2019

Massachusetts Jumps 28 places in Truth in Accounting’s 2019 Financial Transparency Score Report

A message from Comptroller Andrew W. Maylor The Commonwealth of Massachusetts has recently been ranked 18th of 50 states in Truth in Acco...

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