Massachusetts General Laws ch. 7 sec. 62 – Annual report on capital projects; contents
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Section 62. The executive office for administration and finance shall report annually to the house and senate committees on bonding, capital expenditures and state assets and the house and senate committees on ways and means, not later than November 1, a list of all capital projects, the legislation and line-item authorizing such funding, the municipalities and senate and house legislative districts in which such projects are located, the total estimated cost of each project and the total amount expended on each project in the immediately preceding fiscal year.
Terms Used In Massachusetts General Laws ch. 7 sec. 62
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.