State budget officials and policymakers have reached the point during the calendar year when it is necessary to balance the demands of three fiscal years at one time. The Healey administration’s closeout supplemental budget proposal for Fiscal Year (FY) 2025 was filed on August 14 and awaits…

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…

The House and Senate are set to enact a Fiscal Year (FY) 2025 budget, totaling $58.1 billion in line-item spending.  It includes $27.5 million more in spending than the House and $16.5 million more than the Senate budget; and total spending exceeds the FY 2024 General Appropriations Act (GAA)…

Fiscal Year (FY) 2025 begins on July 1st, and House and Senate budget negotiators are actively engaging in conversations to craft a compromise budget proposal. The Conference Committee process involves reconciling countless spending, policy, and technical differences between the two bills; and this…

The Senate finalized its $58 billion Fiscal Year (FY) 2025 budget this week after adding $89.6 million in spending over the course of three days of debate. The Senate took action on 1,100 amendments through a combination of standalone votes and amendment ‘bundles,’ which categorically approve…

5 Things to Know About the FY 2025 Senate Amendments1. Senate members filed 1,100 amendments, 51 more than in FY 2024 and 78 fewer than in FY 2023.2. The fiscal impact of all amendments is $2.9 billion.3. An estimated 58% (636) of the amendments are earmarks. 4. Approximately 42% (464) of the…

Today, the Senate Committee on Ways and Means (SWM) released its budget proposal for Fiscal Year (FY) 2025. The $57.99 billion spending plan includes notable investments in higher education, early education, and mental and behavioral health; increasing spending over the FY 2024 General…

The House finalized its $58.07 billion Fiscal Year (FY) 2025 budget last week after adding $95.8 million in spending over the course of three days of debate.The House took action on 1,495 amendments through a combination of 7 consolidated amendments and 2 separate votes. Some version of at least…

5 Things to Know:1. House members filed 1,495 amendments, 71 fewer than in FY 2024 and 27 fewer than in FY 2023.2. The fiscal impact of all amendments is $2.02billion.*3. Over 70% (1,095) of the amendments are earmarks.4. Approximately 25%(400) of the amendments are outside policy sections, support…

Earlier today, the Fiscal Year (FY) 2025 budget development process officially moved to the Legislature with the release of the House Committee on Ways and Means (HWM) budget proposal. About two months after Governor Healey filed her administration’s spending plan, the $57.98 billion HWM budget…