The House wrapped up its budget deliberations this week, finalizing a $49.8 billion budget, after adding $129.6 million in spending through amendment over the course of 3 days of session.  The House acted on a record number of budget amendments this year, disposing of 1,522 riders through 7…

The next stage in the fiscal year (FY) 2023 budget begins today with the release of the House Ways and Means (HWM) committee’s budget proposal. Like Governor Baker’s proposal released in January, the HWM budget makes historic investments in K-12 education, while continuing to build the…

Please join us for our first virtual policy call of the New Year! Doug Howgate will provide a timely and comprehensive presentation on Governor Baker’s Fiscal Year 2023 budget proposal and answer any questions you may have with respect to it.  You’ll also receive a brief preview of the fiscal…

Governor Baker’s Budget – Five Things to Know Among the many elements in Governor Baker’s budget, several proposals and assumptions stand out as being particularly notable.  Each of these items will play a significant role in the budget process in the months ahead.   The Governor’s…

Budget leaders from the House, Senate, and Administration have agreed on $36.9 billion as the consensus tax revenue figure for the fiscal year 2023 budget. Budget makers expect tax revenues to grow by $967 million (2.7 percent) over estimated FY 2022 collections of $35.95 billion. FY 2022 tax…