Last week, the Senate passed a $3.8 billion recovery plan that uses a combination of Fiscal Recovery Funds (FRF) and fiscal year 2021 (FY) surplus revenues. In one day of debate, the Senate adopted 388 amendments which added $154.4 million in...

The ongoing legislative process for ARPA legislation continued today with the release of a $3.7 billion spending plan from the Senate Committee on Ways and Means (SWM).  As with the House plan finalized last week, the SWM proposal mixes federal...

Last week, the House engrossed a $3.8 billion pandemic recovery spending plan that combines federal Fiscal Recovery Funds (FRF) and the state’s fiscal year (FY) 2021 surplus.  Over two days of debate, House members added $173.6 million in...

Earlier today, the House Committee on Ways & Means (HWM) released their plan to spend $3.65 billion in federal Fiscal Recovery Funds (FRF) and fiscal year (FY) 2021 surplus dollars on a variety of programs and policies intended to spur the...

Prior to the end of formal sessions in calendar year 2021, the Legislature has two major public finance tasks before it: Determine how to use the fiscal year (FY) 2021 budget surplus; and Appropriate Fiscal Recovery Funds (FRF),...

On October 14th, MTF hosted a third virtual forum exploring what ARPA means for Massachusetts. The event focused on how Massachusetts and its communities can support an inclusive and equitable pandemic recovery. A moderated discussion on the topic...

Immediate Opportunities for Fiscal Recovery Funds and the two-page MTF in Brief highlight existing programs that can use Fiscal Recovery Funds right away to help the state address four key priority areas: •    Pandemic recovery; •...

Letter from Eileen McAnneny to State Senators Cindy Friedman and Ann-Margaret Ferrante, Chair and Vice Chair of the Joint Committee on Health Care Financing, in support of public health investment of ARPA funds.

MTF issues its latest analysis of MBTA finances. Despite the recent infusion of federal funds and due in part to the unforeseen effects of the pandemic, the report documents the imminent financial cliff that will face the agency in 2023. The intent...

This MTF Brief summarizes the key elements of the Governor’s proposal Fiscal background: Massachusetts ended FY 2021 with $34.1 billion in tax revenue - $5 billion higher than the revenue benchmark established in January. $1.1 billion of...