Published July 1, 2025
About This Audit
As of March 31, 2025, the total active deposits amounted to ($245,506,685.95), with negative balances indicating checks pending funding until presented for payment. Total time deposits were $21,765,500.00, and SWIF deposits were $1,400,000.00, leading to a net total of ($222,341,185.95). Six-month time deposits were also detailed, totaling $21,765,500.00 across various banks. Additionally, the State Workers’ Insurance Fund had deposits totaling $1,400,000.00. The commonwealth funds had a cash fund balance of $48,283,101.44, covering several specific funds, including unemployment compensation contributions and benefits. The report was part of the quarterly financial statement as of the specified date.