A report of the Office of the Comptroller (under Section 2EEEEEE of Chapter 29 of the General Laws) providing a report on an expenditure in funds from the Commonwealth Federal Matching and Debt Reduction Fund

This document is a formal report from the Office of the Comptroller to state officials regarding the Commonwealth Federal Matching and Debt Reduction Fund. It explains that no money was transferred to this fund in Fiscal Year 2026 because the Stabilization Fund's balance decreased compared to the previous year, failing a required test. The report also fulfills a legal obligation to provide annual updates on the Stabilization Fund's balance and interest earnings. While the fund exists to receive interest payments, the specific conditions for moving those funds were not met in this reporting period.