Publications: Budget

View more in Budget [1]

May 9 2019
Analysis of the SWM Budget [2]
Full Publication (PDF) [3]
May 8 2019
SWM Budget Analysis [4]
On May 7, the Senate Committee on Ways and Means (SWM) unveiled their budget proposal for state fiscal year 2020, which begins July 1, 2019. The proposal, the first under new Chair Michael J. Rodrigues, authorizes $43.2 billion in spending in fiscal 2020.1 This policy brief highlights key elements of the plan and provides an initial analysis of the SWM budget.
Full Publication (PDF) [5]
May 6 2019
Financial Resiliency Should Be Top Priority Going Forward [6]
Eileen McAnneny, the President of the Massachusetts Taxpayers Foundation (MTF), reacted today to the announcement of April tax revenue collections by the Massachusetts Department of Revenue (DOR). “Robust revenue collection is a good news story,” said McAnneny.
Full Publication (PDF) [7]
April 11 2019
Analysis of HWM FY 2020 Budget [8]
On April 10, the Massachusetts Legislature’s House Committee on Ways and Means (HWM) released its version of the fiscal 2020 budget, which begins on July 1, 2019.1 The proposal, the first under new Chair Aaron Michlewicz, details the House’s spending priorities totaling $43.2 billion.
Full Publication (PDF) [9]
April 11 2019
Written Testimony in Opposition of S.16/H.86 [10]
Thank you for this opportunity to testify today on S.16/H.86, the proposal to amend the Massachusetts Constitution to impose an additional surtax on annual income over $1 million. I am Eileen McAnneny, President of the Massachusetts Taxpayers Foundation.
Full Publication (PDF) [11]
April 10 2019
Analysis of the FY 2020 HWM Budget [12]
Full Publication (PDF) [13]
April 4 2019
Further Analysis of Governor Baker’s FY 2020 Budget [14]
In the eight weeks since Governor Charlie Baker released his spending plan for fiscal year 2020, the proposal has been the subject of significant analysis and debate. This policy brief serves as an update and addendum to MTF’s original analysis of February 4, 2019.
Full Publication (PDF) [15]
April 4 2019
Brief Analysis: Tax Revenue Roller Coaster [16]
Tax revenue collections have been a roller coaster ride during fiscal 2019. Through the first five months of the year, tax collections were strong, ending November $323 million over estimates. In December and January, however, collections fell far short, ending January with a year-to-date variance of $403 million below benchmarks.
Full Publication (PDF) [17]
March 22 2019
Written Testimony in Support of An Act to Promote Equity and Excellence in Education [18]
As a proponent of the 1993 education reforms and a founding member of the Massachusetts Business Alliance for Education, the Foundation has long recognized that the long-term well-being of the Commonwealth relies on a high performing education system. The employers of the modern economy need well-trained, well-prepared employees in order to compete and thrive.
Full Publication (PDF) [19]
March 6 2019
Good News, But Caution Remains Key Word for Fiscal 2019 [20]
“It is good news that tax revenue collections exceeded the monthly estimates,” said McAnneny. “But caution remains the key word for the rest of the fiscal year because revenues remain below projections for the year.”
Full Publication (PDF) [21]

Links:
[1] https://www.masstaxpayers.org/budget
[2] https://www.masstaxpayers.org/publications/public_finance/budget/fy_2020/20190509/analysis_swm_budget
[3] https://www.masstaxpayers.org/sites/masstaxpayers.org/files/SWM budget analysis 5.819.1.pdf
[4] https://www.masstaxpayers.org/publications/public_finance/budget/fy_2020/20190508/swm_budget_analysis
[5] https://www.masstaxpayers.org/sites/masstaxpayers.org/files/SWM analysis 5.7.19.3.pdf
[6] https://www.masstaxpayers.org/publications/public_finance/budget/fy_2019/20190506/financial_resiliency_should_be_top_priority_goin
[7] https://www.masstaxpayers.org/sites/masstaxpayers.org/files/MTF tax press release May_6_2019a.pdf
[8] https://www.masstaxpayers.org/publications/public_finance/budget/fy_2020/20190411/analysis_hwm_fy_2020_budget
[9] https://www.masstaxpayers.org/sites/masstaxpayers.org/files/HWM 4.11.19.pdf
[10] https://www.masstaxpayers.org/publications/public_finance/budget/fy_2020/20190411/written_testimony_opposition_s16h86
[11] https://www.masstaxpayers.org/sites/masstaxpayers.org/files/income surtax tax testimony 4.11.19.FINAL.pdf
[12] https://www.masstaxpayers.org/publications/public_finance/budget/fy_2020/20190410/analysis_fy_2020_hwm_budget
[13] https://www.masstaxpayers.org/sites/masstaxpayers.org/files/HWM budget analysis 4.11.19.2.pdf
[14] https://www.masstaxpayers.org/publications/public_finance/budget/fy_2020/20190404/further_analysis_governor_baker%E2%80%99s_fy_2020_budget
[15] https://www.masstaxpayers.org/sites/masstaxpayers.org/files/FY20 Further Analysis.pdf
[16] https://www.masstaxpayers.org/publications/public_finance/budget/fy_2019/20190404/brief_analysis_tax_revenue_roller_coaster
[17] https://www.masstaxpayers.org/sites/masstaxpayers.org/files/Brief Analysis FY19 Tax Revenue final.pdf
[18] https://www.masstaxpayers.org/publications/public_finance/budget/fy_2020/20190322/written_testimony_support_act_promote_equity_and
[19] https://www.masstaxpayers.org/sites/masstaxpayers.org/files/McAnneny Education Testimony 3.22.19.pdf
[20] https://www.masstaxpayers.org/publications/public_finance/budget/fy_2019/20190306/good_news_caution_remains_key_word_fiscal_2019
[21] https://www.masstaxpayers.org/sites/masstaxpayers.org/files/February Tax Revenue 3.5.19.3.pdf
[22] https://www.masstaxpayers.org/publications/1
[23] https://www.masstaxpayers.org/publications/1?page=2
[24] https://www.masstaxpayers.org/publications/1?page=3
[25] https://www.masstaxpayers.org/publications/1?page=4
[26] https://www.masstaxpayers.org/publications/1?page=5
[27] https://www.masstaxpayers.org/publications/1?page=6
[28] https://www.masstaxpayers.org/publications/1?page=7
[29] https://www.masstaxpayers.org/publications/1?page=8
[30] https://www.masstaxpayers.org/publications/1?page=18