The Massachusetts Taxpayers Foundation in a recent report also praised the work of the control board, but pointedly said the impact of COVID-19 has put the T in a worse financial position today than when it was formed in 2015 in the wake of a...

“Prior to COVID-19, education finance reform was on track to be the centerpiece of the fiscal 2021 budget,” MTF President Eileen McAnneny wrote in a letter to lawmakers. She added, “After the fiscal impact of COVID-19, however, policymakers may need...

The Massachusetts Taxpayers Foundation predicts a $6 billion drop in tax revenues for the state due in part to mandated business closures during the pandemic. ...

The Commonwealth has not formally revised its January 2020 consensus revenue forecast for fiscal 2020 and fiscal 2021 in light of the coronavirus-driven recession now underway, with a new forecast likely to emerge from fiscal 2021 budget...

“After the fiscal impact of COVID-19 … policymakers may need to modify the implementation schedule for this new law,” Massachusetts Taxpayers Foundation President Eileen McAnneny wrote to lawmakers in late April. “For example, lawmakers may...

As recently as late May, the watchdog group Massachusetts Taxpayers Foundation predicted the state could lose up to $6 billion in tax revenue for fiscal 2021. Mass.gov lists the original benchmark for tax revenue for FY 2020 at slightly more than $30...

Eileen McAnneny, the president of the Massachusetts Taxpayers Foundation,a business-backed fiscal watchdog, said she understands generally where the money will go. “Having said that, I agree that there should have been more detail so that it is...

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the tight time frame – with only two weeks left before the June 30 end of the fiscal year – means it might make sense to bypass the multiple iterations that a budget typically...

 The Massachusetts Taxpayers Foundation said in May that the state could expect to collect as much as $6 billion less in tax revenue this year due to the COVID-19 pandemic. ...

The MBTA faces "existential" long-term budget challenges as the pandemic's impact on revenue exacerbates existing trends, a fiscal watchdog group warned in a new report. By fiscal year 2022, the T could have an operating budget deficit of more...