Policy Conversation with Aaron Michlewitz, Chair of the House Committee on Ways and Means. Chair Michlewitz will share his insight on the House's FY2027 Budget.You can register here.

MTF Monthly Member Briefing, which will provide a comprehensive overview of the House Ways and Means fiscal year (FY 2027) budget.You can register here.

On January 28th, the Healey-Driscoll administration filed its budget proposal for Fiscal Year (FY) 2027. The $63.36 billion plan increases spending over the FY 2026 General Appropriations Act (GAA) by $2.3 billion (3.8 percent) and over the administration’s estimated spending level for FY 2026 by $…

This afternoon, the Healey-Driscoll administration released its Fiscal Year (FY) 2027 budget proposal. The $63.36 billion spending plan increases spending over the FY 2026 General Appropriations Act (GAA) by $2.3 billion (3.8 percent) and over the administration’s estimated spending level for FY…

On January 14th, budget leaders from the House, Senate, and Healey administration announced a $44.9 billion consensus tax revenue figure for Fiscal Year (FY) 2027, including $42.2 billion in non-surtax revenue and $2.7 billion related to the income surtax. Non-surtax revenues are expected to grow…

On December 16th, the Massachusetts Taxpayers Foundation (MTF), along with the Department of Revenue (DOR) and other economic experts participated in the annual Consensus Revenue Hearing. The hearing offers administration and legislative budget leaders an opportunity to assess current revenue…

The Massachusetts Taxpayers Foundation (MTF) projects Fiscal Year (FY) 2026 non-surtax revenues to fall $73 million below the FY 2026 benchmark, ending the year at $41.14 billion. FY 2027 non-surtax revenues are projected to grow $884 million or 2.2 percent to $42.03 billion, providing minimal…

Last week, MTF published a fiscal update brief reviewing Fiscal Year (FY) 2025 tax revenue collections, the current budget balance estimate, and the Healey-Driscoll administration’s closeout supplemental budget. It included MTF’s recommendation for swift action by the Legislature on the final…

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…

The same day that Governor Healey signed the Fiscal Year (FY) 2026 budget, while trimming $130.2 million in spending, she filed a supplemental budget proposing several fiscal management tools to help the state address revenue volatility or unmet spending needs in the months ahead.This brief is the…