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Fiscal Year Memos contain policy/procedure information issued for the Commonwealth of Massachusetts for a specific fiscal year. These memos include subjects such as fringe benefit rates, late penalty interest, fiscal year opening, etc.

​Items related to COVID-19 policy and procedure changes are also included on this page [Jump].

Fiscal Year 2027

FY2027-05: Late Penalty Interest Rate

7/20/2026

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FY2027-04: Official Opening of Fiscal Year 2027

7/17/2026

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FY2027-03: Fiscal Year 2027 Treasury-State Agreement (TSA)

7/9/2026

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FY2027-02: Fiscal Year 2027 Interim Budget

7/1/2027

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FY2027-01: Fiscal Year 2027 Proposed Fringe Benefit and Payroll Tax Rates

4/9/2026

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Fiscal Year 2026

FY2026-26: Fiscal Year 2026 Higher Education GAAP Audit Guidance

7/20/2026

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FY2026-25: Fiscal Year 2026 Statutory Receivable Instructions

7/20/2026

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FY2026-24: SEFA COVID-19 Identification Classification; R&D Grants Spending; Non-Cash Federal Assistance

7/10/2026

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FY2026-23: Fiscal Year 2026 Earnings Code Processing during Accounts Payable Pay Periods

7/8/2026

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FY2026-22: Fiscal Year 2026 GAAP Reporting Instructions

7/8/2026

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FY2026-21: Earnings Code Processing During the Split Year Pay Period

6/24/2026

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FY2026-20: FY2026 Annual Capital Asset Inventory Review

6/18/2026

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FY2026-19: Fiscal Year Memo 2026-19: GASB 103 & 104 / Component Units

6/18/2026

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FY2026-18: Fiscal Year Memo 2026-18: GASB 103 & 104 / Higher Education Institutions

6/18/2026

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FY2026-17: Federal Approval of Allocated and Billed Costs for FY2025 using FY2023 data

6/10/2026

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FY2026-16: Federal Approval of Allocated and Billed Costs for FY2026 using FY2024 data

6/10/2026

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FY2026-15: Annual Internal Control Certification

5/22/2026

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FY2026-14: Office of the Comptroller's Fiscal Year 2026 Single Audit Chargeback

3/31/2026

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FY2026-13: Approved Fiscal Year 2026 Fringe Benefit and Payroll Tax Rates

3/27/2026

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FY2026-12: Tax and Payroll Updates

2/5/2026

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FY2026-11: Late Penalty Interest Rate

1/26/2026

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FY2026-10: Potential Federal Government Shutdown

1/21/2026

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FY2026-09: Mid-Year Capital Asset Inventory Review

12/22/2025

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FY2026-08: Calendar Year 2025 Tax Reporting and Year End Processing

12/19/2025

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FY2026-07: Issuing and Filing IRS Forms 1099 for Tax Year 2025

12/19/2025

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FY2026-06: Office of the Comptroller's Fiscal Year 2026 MMARS and HR/CMS Chargebacks

10/29/2025

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FY2026-05: Potential Federal Government Shutdown

9/23/2025

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FY2026-04: Late Penalty Interest Rate

7/23/2025

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FY2026-03: Official Opening of Fiscal Year 2026

7/11/2025

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FY2026-02: Fiscal Year 2026 Treasury State Agreement

7/10/2025

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FY2026-01: Fiscal Year 2026 Proposed Fringe Benefit and Payroll Tax Rates

3/14/2025

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Fiscal Year 2025

FY2025-26: Fiscal Year 2025 Statutory Receivable Instructions

7/25/2025

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FY2025-25: SEFA COVID and R&D Grant Spending

7/18/2025

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FY2025-24: Higher Education Audit Guidance

7/17/2025

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FY2025-23: Accounts Payable Earnings Codes

7/16/2025

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FY2025-22: Fiscal Year 2025 GAAP Reporting Instructions

6/23/2025

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FY2025-21: FY2025 Annual Capital Asset Inventory Review

6/13/2025

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FY2025-20: Earnings Code Processing During the Split Year Pay Period

5/29/2025

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FY2025-19: Department Head Review and Approval of Statewide Enterprise Systems Security Access

5/2/2025

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FY2025-18: Internal Control Certification

3/28/2025

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FY2025-17A: Rescind Potential Federal Shutdown Guidance

3/15/2025

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FY2025-17: Potential Federal Government Shutdown (RESCINDED)

3/11/2025

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FY2025-16: Fiscal Year 2025 Single Audit Chargeback

3/7/2025

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FY2025-15: Guidance on OMB Memo M-25-15: Temporary Pause of Agency Grant, Loan, and Other Financial Assistance Programs

1/28/2025

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FY2025-14: Capital Asset Inventory Review

1/15/2025

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FY2025-13: Late Penalty Interest Rate

1/10/2025

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FY2025-12: Tax and Payroll Updates

1/9/2025

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FY2025-11A: Update – Rescind Memo FY2025-11, Congress Passes Federal Government Continuing Resolution, Extending Federal Funding Through March 14, 2025

12/24/2024

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FY2025-11: Potential Federal Shutdown Guidance (RESCINDED)

12/20/2024

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FY2025-10: 2024 Tax Reporting and Year End Processing

12/17/2024

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FY2025-09: Approved Fiscal Year 2025 Fringe Benefit and Payroll Tax Rates

12/11/2024

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FY2025-08: Form 1099 Guidance/Issuing and Filing IRS Forms 1099 for Tax Year 2024

12/6/2024

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FY2025-07: Department Security Officer Review and Approval of Statewide Enterprise Systems Security Access

11/21/2024

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FY2025-06: MMARS and HR/CMS Chargebacks

11/14/2024

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FY2025-05: Treasury-State Agreement

8/7/2024

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FY2025-04: Official Opening of Fiscal Year 2025

8/5/2024

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FY2025-03: Late Penalty Interest Rate

7/18/2024

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FY2025-02: Interim Budget Guidance

6/28/2024

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FY2025-01: Proposed Fringe Benefit and Payroll Tax Rates

4/9/2024

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Fiscal Year 2024

FY2024-25: Fiscal Year 2024 Statutory Receivable Instructions

7/23/2024

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FY2024-24: Fiscal Year 2024 Higher Education Audit Guidance

7/22/2024

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FY2024-23: Earnings Code Processing During Accounts Payable Periods

7/17/2024

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FY2024-22: Fiscal Year 2024 SEFA, COVID-19 identification classification, research and development grants spending, subaward, non-cash federal assistance

7/16/2024

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FY2024-21: Fiscal Year 2024 GAAP Reporting Instructions

7/5/2024

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FY2024-20: FY2024 Annual Capital Asset Inventory Review

6/12/2024

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FY2024-19: Earnings Code Processing During the Split Year Pay Period

6/5/2024

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FY2024-18: Department Head Annual Review and Approval of Statewide Enterprise Systems

5/29/2024

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FY2024-17: Annual Department Head Internal Controls Certification

5/1/2024

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FY2024-16: Tax and Payroll Updates for Tax Year 2024

2/9/2024

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FY2024-15: Office of the Comptroller's Fiscal Year 2024 Single Audit Chargeback Memo

2/8/2024

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FY2024-14: Late Penalty Interest Rate

1/12/2024

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FY2024-13: Mid Year Capital Asset Inventory Memo

1/5/2024

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FY2024-12: 2023 Tax Reporting and Year End Processing

12/20/2023

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FY2024-11: 1099 Guidance/Issuing and Filing IRS Forms 1099 for Tax Year 2023

12/20/2023

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FY2024-10: Department Security Officer Review and Approval of Statewide Enterprise Systems Security Access

12/4/2023

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FY2024-09: Fiscal Year 2024 MMARS and HR/CMS Chargebacks

11/24/2023

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FY2024-08: Approved Fiscal Year 2024 Fringe Benefit and Payroll Tax Rates

11/8/2023

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FY2024-07: Potential Federal Government Shutdown

9/22/2023

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FY2024-06: Treasury-State Agreement

8/21/2023

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FY2024-05: Official Opening of Fiscal Year 2024

8/16/2023

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FY2024-04: Second Interim Budget Guidance

8/8/2023

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FY2024-03: Late Penalty Interest Rate

7/7/2023

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FY2024-02: Interim Budget Guidance

6/29/2023

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FY2024-01: Proposed Fringe Benefit and Payroll Tax Rates

3/16/2023

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COVID-19

Federal Reimbursements for COVID-19 Capital Expenditures

4/16/2020

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COVID-19 Revenue and Grants Policy

4/2/2020

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New CTR Policy on COVID-19 Payment Coding

3/27/2020

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