The Commonwealth of Massachusetts is preparing to issue $2.7 billion* in Special Obligation Revenue Bonds (Unemployment Insurance Trust Fund) 2022 Series A (Federally Taxable) (Social Bonds) and 2022 Series B (Federally Taxable) (Social Bonds).

The Official Statement for the Commonwealth Transportation Fund Revenue Bonds Sale (dated June 27, 2022) is now available on EMMA and Official Statements here. 

Commonwealth of Massachusetts to sell $2.7b* in Special Obligation Revenue Bonds.

On June 23, 2022, The Commonwealth has announced its upcoming sale of approximately $2.7 billion of 2022 Special Obligation Revenue Bonds (Unemployment Insurance Trust Fund).

Read the announcement here for more details.

COMMONWEALTH TRANSPORTATION FUND REVENUE BONDS (RAIL ENHANCEMENT PROGRAM)

Thank you for expressing interest in the Commonwealth’s upcoming financing, which is expected to comprise the following:

Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder today announced that preliminary revenue collections for May 2022 totaled $2.478 billion, which is $1.524 billion or 38.1% less than actual collections in May 2021, but $138 million or 5.9% more than benchmark.

Find the full revenue numbers on the Department of Revenue's website.

Today S&P upgraded the rating on the Commonwealth’s Special Obligation Dedicated Tax Revenue Bonds, Series 2004 and Special Obligation Dedicated Tax Revenue Refunding Bonds, Series 2005 to “A-” (stable outlook) from “BBB+” (negative outlook). Read the full report here.

On May 5, 2022, the Baker-Polito Administration released its Capital Investment Plan, providing for the Commonwealth’s capital needs in Fiscal Years 2023-2027. Read more about the Capital Budget FY23 here.

Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder today announced that preliminary revenue collections for April 2022 totaled $6.941 billion, which is $3.076 billion or 79.6% more than actual collections in April 2021, and $2.057 billion or 42.1% more than benchmark. 

Find the full revenue numbers on the Department of Revenue's website.

The Comptroller of the Commonwealth William McNamara published the Commonwealth’s Annual Comprehensive Financial Report for Fiscal Year 2021, the period that ended June 30, 2021. The report can be found here.

Please find the Information Statement Supplement dated April 28, 2022 available here