Notification of a Meeting of the Advisory Board to the Comptroller – Tuesday, February 4, 2025 at 2:30pm
WHO: The Advisory Board to the Comptroller
WHAT: Meeting to review draft Statutory Basis Financial Report for Fiscal Year 2024
WHEN: Tuesday, February 4, 2025 at 2:30pm
WHERE: Virtually, via Zoom
https://macomptroller.zoom.us/j/87822574512?pwd=SBqR2a3MMEROVfxi6rycSYuoCSBjkw.1
Dial-in: (929) 205-6099
Meeting ID: 878 2257 4512
Passcode: 056540
The Advisory Board to the Comptroller (the “Board”) will hold a virtual meeting on Tuesday, February 4, 2025 at 2:30 p.m. via Zoom. The Board is expected to review a draft of the Statutory Basis Financial Report for Fiscal Year 2024, which is prepared by Office of the Comptroller staff and reviewed by the state’s independent external auditors, CliftonLarsonAllen, LLP (CLA). This is a public meeting subject to the Open Meeting Law.
The formal meeting notification is available at this link.
The Statutory Basis Financial Report (SBFR) meets statutory requirements as set out in M.G.L. c. 7A § 12, to present fairly the results of fiscal year activity in the Commonwealth of Massachusetts funds, to compute and certify the balance in the Commonwealth Stabilization (“Rainy Day”) Fund, and to disclose and report certain aspects of financial performance. The SBFR focuses primarily on the Commonwealth’s budgeted funds.
Following the meeting of the Advisory Board, the Office of the Comptroller will complete the SBFR and file it with the Governor, the Secretary of Administration and Finance, the House and Senate Committees on Ways and Means, and the Clerks of the House and Senate. The SBFR will also be posted on the Office of the Comptroller’s website at www.macomptroller.org/sbfr.