On July 29th, Governor Healey signed the Fiscal Year (FY) 2025 budget; sending back $316.8 million in gross spending vetoes ($248 million net). Inclusive of the Governor’s cuts, line-item spending in the FY 2025 budget would total $57.78 billion, a $1.7 billion (3.1 percent) increase over the FY 2024 GAA.

She also returned three policy sections with amendment, but did not veto any sections in full.

The Governor’s spending vetoes aim to improve the structural balance of the budget and the Healey administration’s ability to respond to unexpected downturns or spending needs throughout the fiscal year. Given the significant fluctuation of revenue trends in FY 2024 and the uncertainties that exist regarding FY 2025 revenue collections, the administration’s preservation of this flexibility is reasonable.