205 CMR 121.05
Annual Reconciliation of Commission Budget
(1) Within 90 days of the close of each fiscal year the commission will reconcile its actual costs
to actual revenues. In no case will the commission end a fiscal year on a negative basis. No
commitment or expense shall cause the Gaming Control Fund to end the fiscal year with a
negative cash balance.
(2) In the event that actual revenues exceed actual costs for a given fiscal year, the commission,
in its sole discretion may either return any excess revenue (Excess Assessment) in the same
manner in which Excess Assessment was assessed or the commission may credit such Excess
Assessment to the Annual Assessment due for the next fiscal year.
(3) In the event that actual revenues are less than actual costs for a given fiscal year, the
commission will assess each gaming establishment for its share of the excess costs (Excess Cost
Assessment) in the same manner in which the commission assessed the Annual Assessment.
Such Excess Cost Assessment shall be due and payable as part of the Annual Assessment due
for the next fiscal year.