Publications: Budget

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  • May 15 2017
    The next step in the fiscal year (FY) 2018 budget process is the release of the Senate Ways and Means (SWM) budget on Tuesday, May 16th. This brief provides five major questions that the SWM spending plan will have to address.
  • April 27 2017
    This week, the House deliberated on its fiscal year (FY) 2018 budget, completing debate and dispensing with over 1200 amendments in just two days. The House added $77.7 million in new spending to the original House Ways and Means (HWM) budget plan as well as 79 policy sections.
  • April 10 2017
    Today, the House Ways and Means Committee (HWM) released a $45.05 billion budget proposal for fiscal year (FY) 2018. This brief provides initial analysis of major spending and policy provisions in the budget plan.
  • April 7 2017
    The House Ways and Means Committee (HWM) will release its spending plan for Fiscal Year (FY) 2018 next week. The bill will reflect the House’s spending and policy priorities, which could closely mirror or significantly differ from Governor Baker’s proposal. This brief highlights five issues in the HWM budget that deserve close attention.
  • March 31 2017
    Last week, the legislature enacted a fiscal year (FY) 2017 supplemental budget to address $144.4M in costs unaccounted for in the original budget. With this spending bill completed, MTF takes stock of the state’s fiscal position as we head into the final three months of the fiscal year.
  • March 10 2017

    As health care costs continue to consume more of the state budget each year, Governor Baker's most recent budget proposal includes several bold policy provisions to curb this trend. This brief summarizes the Administration’s proposal, and highlights several conceptual and practical flaws that argue against its adoption.

  • January 25 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.

  • January 12 2017
    The Secretary for Administration and Finance and the Chairs of House and Senate Ways and Means Committees have agreed to assume $27.072 billion in tax revenue in FY 2018. This amount represents 3.9 percent growth over expected FY 2017 revenues.
  • December 20 2016
    The Consensus Revenue Hearing, held on December 5th, kicked off the FY 2018 budget development process. The testimony at the hearing highlighted a number of fiscal challenges that the state can expect in the near future.