Displaying 1–10 of 222
Nov 15, 2021
PUBLIC FINANCE > Budget > FY 2022
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...
PUBLIC FINANCE > Budget > FY 2022
Nov 03, 2021
PUBLIC FINANCE > Budget > FY 2022
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...
PUBLIC FINANCE > Budget > FY 2022
Nov 01, 2021
PUBLIC FINANCE > Budget > FY 2022
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...
PUBLIC FINANCE > Budget > FY 2022
Oct 26, 2021
PUBLIC FINANCE > Budget > FY 2022
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...
PUBLIC FINANCE > Budget > FY 2022
Oct 21, 2021
PUBLIC FINANCE > Budget > FY 2022
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),...
PUBLIC FINANCE > Budget > FY 2022
Oct 14, 2021
PUBLIC FINANCE > Budget > FY 2022
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...
PUBLIC FINANCE > Budget > FY 2022
Sep 29, 2021
PUBLIC FINANCE > Budget > FY 2022
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; •...
PUBLIC FINANCE > Budget > FY 2022
Sep 15, 2021
PUBLIC FINANCE > Budget > FY 2021
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...
PUBLIC FINANCE > Budget > FY 2021
Aug 02, 2021
PUBLIC FINANCE > Budget > FY 2022
The attached bulletin lays out the fiscal principles that should govern how approximately $5 billion in Fiscal Recovery Funds are allocated. The ARPA provides an unprecedented level of temporary support for Massachusetts and MTF will continue to...
PUBLIC FINANCE > Budget > FY 2022
Jul 20, 2021
PUBLIC FINANCE > Budget > FY 2022
Please find attached the PowerPoint deck I presented yesterday at the invitation-only hearing hosted by the joint Ways and Means Committee and the House Committee of Federal Stimulus and Census Oversight. As a recognized expert on the American Rescue...
PUBLIC FINANCE > Budget > FY 2022