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May 03, 2022
News Item
May 03, 2022
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The Massachusetts Taxpayers Foundation helpfully adds it all up: The bill includes 614 environmental, climate, and economic development earmarks, and guarantees every municipality in the state at least $250,000.
News Item
Apr 28, 2022
Publication
Apr 28, 2022
Publication
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…
Publication
Apr 14, 2022
Event
Apr 14, 2022
Event
This MTF policy call will provide a comprehensive overview of the FY 2023 House Ways & Means budget proposal. We will look at new spending and policy initiatives to be considered by the House, assess the status of Governor Baker’s tax relief proposal, and consider how the bill fits into the…
Event
Apr 13, 2022
Publication
Apr 13, 2022
Publication
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…
Publication
Feb 28, 2022
Publication
Feb 28, 2022
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Governor Baker has put forward a $2.4 billion supplemental budget that uses $1.6 billion of the state’s fiscal year (FY) 2022 anticipated revenue surplus and several federal revenue sources to maintain and expand several COVID-19 related programs, cover ongoing public costs and increase funding for…
Publication
Jan 27, 2022
Event
Jan 27, 2022
Event
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…
Event
Jan 26, 2022
Publication
Jan 26, 2022
Publication
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…
Publication
Jan 14, 2022
Publication
Jan 14, 2022
Publication
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…
Publication
Jan 05, 2022
News Item
Jan 05, 2022
News Item
According to an analysis by the Massachusetts Taxpayers Foundation, much of the spending will be for healthcare at $946 million, housing at $624 million, infrastructure at $414 million, education at $389 million and economic development at $267 million. An additional $500 million was pumped into…
News Item
Dec 21, 2021
Publication
Dec 21, 2021
Publication
Massachusetts experienced a startling $4.5 billion surge in tax revenues in FY 2021 representing 15 percent growth in the midst of the pandemic. MTF projects that FY 2022 revenue growth will remain strong, reaching $37.2 billion or $2.9 billion above the current benchmark. What makes this even more…
Publication