The Commonwealth of Massachusetts raises and spends more than $60 billion annually across four major classes of spending (operating, capital, trust, federal grants), ten policy areas, and hundreds of spending accounts. MTF's award-winning research and analysis focuses on the annual budget development process for each state fiscal year, providing critical insights for policymakers each year.
The state fiscal year 2013 began July 1, 2012 and ended June 30, 2013.