The bill outlines the financial activities related to the Settlements and Judgments reserve (account 1599-3384) for the third quarter of Fiscal Year 2025, as mandated by Section 2 of Chapter 140 of the Acts of 2024. The report indicates that the reserve began the fiscal year with a $1 million appropriation, which was subsequently increased by $18,614,487 due to a spend in anticipation mechanism based on historical expenditure averages. The report details the spending for the third quarter, which totaled $4,201,367, leaving a reserve balance of $1,114,502 as of March 31, 2025.

Additionally, the report includes a comprehensive list of payments made during the quarter, detailing payees, payment dates, and amounts. Notable payments include significant sums to various law firms and individuals, reflecting the diverse nature of settlements and judgments processed. The report emphasizes transparency, as this information is also made available on the Comptroller's transparency website, CTHRU. The Office of the Comptroller will continue to monitor the reserve balance and activity through the end of Fiscal Year 2025.