Fiscal Year (FY) 2025 and FY 2026 tax revenues are projected to rebound to positive growth, after non-surtax revenue declines in FY 2022 and FY 2023; but overarching questions about the global economy and federal policy changes cloud the state’s...

In 2023, MTF released a report which made several recommendations on reforms that should be made to the Child Care Financial Assistance (CCFA) system to ensure greater system efficiency, family engagement, outcomes for children, and support for...

The prevalence of mental health conditions like anxiety and depression among children has been on the rise for over a decade. At the same time, workforce retention challenges have led to treatment capacity shortages. The onset of the pandemic further...

On September 11th, Governor Healey filed her administration’s closeout supplemental budget for Fiscal Year (FY) 2024; roughly two months after the official last day of the fiscal year. A closeout supplemental budget is filed and passed each year; its...

In spite of unanimous passage by both the House and the Senate, in the final days of the legislative session a compromise economic development bill failed to reach the Governor’s desk. While the two versions of the bill differ significantly on policy...

MTF's 2024 Massachusetts Competitiveness Index Report is designed to put forward a framework to assess how Massachusetts stacks up compared to other states, key economic and geographic competitors, and itself.The report looks at 26 different metrics...

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 ...

On March 1st, the Healey-Driscoll administration unveiled their economic development bill, An Act relative to strengthening Massachusetts’ economic leadership, also known as the Mass Leads Act. The House and Senate have now each acted on their own...

On July 22nd, House Bill 4891, An Act promoting access and affordability of prescription drugs was released from the House Committee on Ways & Means (HWM). Amendments to the bill were due later on July 22nd with anticipated debate occurring on...

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...