The bill provides a comprehensive report on the actual revenue collections for the Commonwealth of Massachusetts for Fiscal Year 2024, comparing them to the budget estimates from Chapter 28 of the Acts of 2023. It details various revenue sources, including taxes from alcoholic beverages, corporations, and sales, as well as non-tax revenues from departments such as Health and Human Services and Education. The total tax revenue is projected at $32,398,200, while non-tax revenue is estimated at $24,152,800, culminating in a grand total of $56,551,000 for the fiscal year. The report emphasizes significant insertions in legal language, including revenue estimates in thousands and a breakdown of revenue sources, highlighting that the Fair Share Income Surtax exceeded expectations by achieving 219.9% of the estimated revenue.

Additionally, the bill outlines budgetary allocations for various sectors, including public safety, economic development, and labor. Notable increases in funding are proposed for the Department of Corrections and the Department of State Police, with increases of 170.4% and 142.4%, respectively. The total budget for Public Safety and Security is projected to rise to 493,947, reflecting a 126.4% increase. In the economic development sector, the Division of Telecommunications and Cable is set to receive a budget of 7,127, marking a 135.5% increase, while the overall budget for Economic Development is projected at 246,838, a 107.0% increase. The Labor and Workforce Development sector is also seeing a budget increase to 23,314, reflecting a 107.6% rise, with non-tax revenue for the Executive Office by Department expected to reach 28,323,350, indicating a 117.3% increase.