Massachusetts Transportation Trust Fund Revised Transfer Schedule FY26 Report

194th Legislature (2025-2026)

The bill updates the FY26 transfer schedule from the Commonwealth Transportation Fund to MassDOT to reflect identified savings and adjust monthly operating subsidies.

Placed on file

Summary of SD 3940 (Session 194th) — Massachusetts Transportation Trust Fund Revised Transfer Schedule FY26 Report

Purpose and intent

The bill is a formal transmittal of a revised transfer schedule for the Massachusetts Transportation Trust Fund (MTTF) for Fiscal Year 2026.
Origin: Section 2E of Chapter 9 of the Acts of 2025. The revision reflects identified savings by MassDOT and adjusts monthly transfer amounts from the Commonwealth Transportation Fund to MassDOT.
Primary objective: Align the FY26 transfer schedule with updated financial figures to ensure accurate funding flows to MassDOT.

Key provisions and changes

Agency and account: MTTF under account 1595-6368 (MTTF transfer from the Commonwealth Transportation Fund to MassDOT).
Total FY26 figures:
Total FY26 appropriation: 558,945,163
FY26 total transfer: 548,245,162
Schedule details: Monthly transfer amounts are provided in the attached schedule (OTScheduleSummary), reflecting adjusted monthly transfers and the operating subsidy to MassDOT.
Notable line items (highlights from the schedule):
July 2025 transfer: 66,912,711.82 (with a corresponding operating transfer of 62,912,711.82 and a supplemental amount of 4,000,000.00)
August 2025 transfer: 45,327,428.48 (operating 40,327,428.48; supplement 5,000,000.00)
September 2025 transfer: 45,227,428.48 (operating 40,227,428.48; supplement 5,000,000.00)
October 2025: 46,877,428.48 (operating 42,027,336.28; supplement 4,850,092.20)
November 2025: 66,408,166.36 (operating 60,458,074.16; supplement 5,950,092.20)
December 2025: 43,227,612.88 (operating 42,027,336.28; supplement 1,200,276.60)
January 2026: 42,027,336.28 (matching operating transfer)
February 2026: 42,027,336.28 (matching operating transfer)
March 2026: 40,227,428.48 (matching operating transfer)
April 2026: 109,982,284.28 (matching operating transfer)
May 2026:
June 2026: 548,245,161.83 total with operating transfer 522,244,700.83 and supplemental 26,000,461.00
The attachment includes a detailed month-by-month breakdown of transfers and corresponding operating subsidies.

Affected parties and fiscal impact

MassDOT is the primary recipient of the transfers from the MTTF.
The adjustments reflect savings identified by MassDOT, affecting the cash flow and subsidy amounts available for MassDOT operations in FY26.
The overall effect is to rebalance monthly transfers to reflect actualized savings while maintaining required operating subsidies.

Procedural and timeline aspects

This is a fiscal management document submitted to the Massachusetts House and Senate Ways and Means Committees.
Date of submission: May 28, 2026.
The action history notes the bill was placed on file on June 1, 2026.
The revision is intended to be used for the FY26 transfer schedule and does not appear to constitute new appropriations beyond the revised schedule; it updates existing allocations to reflect savings.

Practical takeaway

The bill provides a revised, fiscally updated schedule for transferring funds from the Commonwealth Transportation Fund to MassDOT for FY26.
It ensures that operating subsidies and related transfers align with actual savings identified by MassDOT, promoting more accurate and efficient use of transportation funds.