After two consecutive fiscal years of above-trend tax growth and manageable spending increases, an initial analysis of the state’s finances suggests policymakers will face tough choices as they begin budget development for state fiscal year 2021. A...

In our zeal to “reform’’ the Probation Department, let’s not shackle the agency with a system that will ensure mediocrity into the indefinite future. ...

The Massachusetts Taxpayers Foundation supports the pension reform proposals advanced today by Governor Patrick with Senate President Murray, House Speaker DeLeo and Treasurer-elect Grossman. Unlike the 2009 and 2010 legislation which simply closed...

Tax revenues will grow by $1.1 billion, or 4.5 percent, to $25.5 billion in fiscal 2016, continuing the trend of modest growth yet still below that of previous economic recoveries, according to a new forecast released today by the Massachusetts...

At the Foundation, we are looking at the TCJA through two primary lenses: the likely impact of the federal changes on state revenues; and the impacts on subgroups of taxpayers in Massachusetts– both individuals and corporations – that may warrant...

Governor Baker has proposed a $45.9 billion budget for fiscal year (FY) 2019. This bulletin provides an overview of notable spending, revenue and policy proposals included in the document. ...

In anticipation of the release of the Governor’s budget later this week, this briefing provides a status report on fiscal year 2016 and an overview of what we anticipate for fiscal year 2017. ...

The Governor’s FY 2018 budget proposal (House 1) has been released and proposes $45.2 billion in spending. This Bulletin provides an overview of the major spending, revenue and policy components included therein. ...

Today, Governor Baker released his FY 2017 budget recommendations. His House 2 proposal recommends $39.55 billion in line item spending, an increase of $1.22 billion (3.2%) over FY 2016 projected spending. Of this $1.22 billion increase, $739.3...