- May 24 2012
Implementation of the 2011 municipal health reform law is vastly surpassing expectations as 102 Massachusetts communities have negotiated agreements with employees that will generate $117 million in first year savings, according to a new analysis released today by the Massachusetts Taxpayers Foundation.
- May 16 2012
In the attached table, the Foundation summarizes and contrasts the 2013 budget proposals of Governor Patrick, the House and Senate Ways and Means as well as final spending for fiscal 2010 and 2011 and the original and projected spending for fiscal 2012.
- April 13 2012
Massachusetts has achieved near universal health care coverage with only modest additional costs to state taxpayers, according to a new study released today by the Massachusetts Taxpayers Foundation (MTF).
The report, Massachusetts Health Reform Spending, 2006-2011: An Update on the “Budget Buster” Myth, found that state spending directly attributable to the health reform law grew from $1.04 billion in fiscal 2006 to $1.95 billion in fiscal 2011. The state’s share after accounting for federal reimbursements was $453 million, which equates to only 1.4 percent of the state’s $32 billion budget in fiscal 2011.
- March 19 2012Massachusetts cities and towns have reached nearly $80 million in first-year savings from municipal health care reform and are on pace to exceed by far the initial estimate of $100 million, according to the most recent data compiled by the Massachusetts Taxpayers Foundation.
- February 8 2012Massachusetts cities and towns are on pace to exceed by far the initial estimate of $100 million in first-year savings under the new municipal health care reform law, according to data compiled by the Massachusetts Taxpayers Foundation.
- January 13 2012
The average single family homeowner in 10 of the state’s most economically vulnerable cities would need to pay an astonishing $13,685 today or absorb a crippling 20 percent property tax hike over the next 30 years to subsidize billions in unfunded retiree health care liabilities, according to a new report by the Massachusetts Taxpayers Foundation.
- December 12 2011
Fiscal 2013 tax revenues will grow by $822 million, or 3.9 percent, to $22 billion, less than half the rate of expansion in fiscal 2011, according to a new forecast released today by the Massachusetts Taxpayers Foundation.
“The small growth in tax revenues will put great strains on the fiscal 2013 budget with increases in nondiscretionary spending outpacing the additional revenues available,” Widmer said.
- December 7 2011
Massachusetts cities and towns endured the most difficult two-year period in the Proposition 2 ½ era in fiscal 2010 and 2011 with property taxes rising to their highest share of local spending in 30 years, according to the Massachusetts Taxpayers Foundation’s 41st annual Municipal Financial Data report.
- September 14 2011In a presentation to PERAC's Emerging Issues Forum and a letter to state senators, the Foundation highlights the urgency of passing legislation to reform the pension system for state and municipal employees.