Publications: FY 2013

View more in FY 2013

  • January 7 2014
    The Foundation released its 43rd annual report on municipal finances concluding that despite a modest rebound in revenues, municipalities find themselves in a long-term budget squeeze because the costs for pensions, employee and retiree health care, and debt service are rising faster than revenues.
  • December 11 2012

    Fiscal 2014 tax revenues will grow by $835 million, or 3.9 percent, to $22.37 billion, according to a new forecast released today by the Massachusetts Taxpayers Foundation.

    “While fiscal 2014 shows an improving revenue picture, we are still a long way from experiencing the level of revenue growth of prior economic recoveries,” Widmer said.

  • November 15 2012

    The Foundation’s latest report, State Tax Expenditures: Less Than Meets The Eye, examines the state’s annual estimate of “tax expenditures,” or the amount of revenue the state foregoes because of exceptions to tax laws. While commonly thought of as incentives, tax breaks, or loopholes that benefit corporations, the Foundation’s analysis shows that billions of the state’s so-called tax expenditures are merely the result of longstanding tax policies and practices, mostly benefitting individuals.

  • 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.