Displaying 301–310 of 418
Oct 14, 2020
PUBLIC FINANCE > Budget > FY 2021
The Massachusetts Taxpayers Foundation warned that if Congress does not come through with additional relief, the state will be far from out of the woods in fiscal 2022 when school funding commitments, collective bargaining agreements and inflation...
PUBLIC FINANCE > Budget > FY 2021
Oct 08, 2020
PUBLIC FINANCE > Budget > FY 2021
The Massachusetts Taxpayers Foundation, a business-backed watchdog, is expecting a drop in revenue of $3.9 billion compared to initial estimates, according to its president, Eileen McAnneny. Others projected a more positive picture, though they...
PUBLIC FINANCE > Budget > FY 2021
Oct 08, 2020
PUBLIC FINANCE > Budget > FY 2021
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, projected fiscal 2021 tax revenues will amount to $27.27 billion, about 3.9 billion - 12.5% less - than the commonwealth’s original benchmark set in January. It’s lower than the $6...
PUBLIC FINANCE > Budget > FY 2021
Oct 08, 2020
PUBLIC FINANCE > Budget > FY 2021
Overall, according to the Massachusetts Taxpayers Foundation, the federal government has given $15.8 billion in federal relief payments to Massachusetts individuals. Some of that money was taxable, like unemployment benefits. Other money, like...
PUBLIC FINANCE > Budget > FY 2021
Oct 08, 2020
PUBLIC FINANCE > Budget > FY 2021
Uncertainties with federal aid make it hard to pin down exactly how big the state’s budget hole is, Eileen McAnneny of the Massachusetts Taxpayers Foundation said. Should another federal relief package not materialize, McAnneny said “the revenue...
PUBLIC FINANCE > Budget > FY 2021
Oct 08, 2020
PUBLIC FINANCE > Budget > FY 2021
Massachusetts Taxpayers Foundation President Eileen McAnneny said she expected economic recovery to be “up-and-down and perhaps spotty” until the pandemic is controlled. She projected tax revenues would land at $27.27 billion this fiscal year, $3.9...
PUBLIC FINANCE > Budget > FY 2021
Oct 08, 2020
PUBLIC FINANCE > Budget > FY 2021
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, predicted a $3.9 billion drop in state tax revenues, which would increase without federal relief. "Even if there is a fiscal aid package, the proposed funding may be...
PUBLIC FINANCE > Budget > FY 2021
Oct 05, 2020
TRANSPORTATION
Aiello, the chair of the control board, said he was concerned about the high level of borrowing by the MBTA for capital projects, which shows up on the transit authority’s operating budget as debt service. “This is shooting up at a rate that is...
TRANSPORTATION
Oct 01, 2020
TRANSPORTATION
The Massachusetts Taxpayers Foundation has estimated the system will see a $308 million deficit. ...
TRANSPORTATION
Sep 30, 2020
PUBLIC FINANCE > Budget > FY 2020
Massachusetts Taxpayers Foundation President Eileen McAnneny said it’s “good news” the state won’t have to dip into the stabilization fund. ...
PUBLIC FINANCE > Budget > FY 2020