The Massachusetts Taxpayers Foundation (MTF) projects Fiscal Year (FY) 2026 non-surtax revenues to fall $73 million below the FY 2026 benchmark, ending the year at $41.14 billion. FY 2027 non-surtax revenues are projected to grow $884 million or 2.2...

5 Things to Know:Senate members filed 1,058 amendments, 42 fewer than in FY 2025 and 9 more than in FY 2024.The fiscal impact of all amendments is at least $2.09 billion.*About 59% (624) of the amendments are earmarks.Approximately 41% (434) of the...

The Hispanic/Latino population in Massachusetts has experienced significant growth over the pastdecade, which has resulted in more economic production for the state, a more educated and skilledworkforce, and greater levels of household wealth. While...

5 Things to Know:House members filed 1,650 amendments, 155 more than in FY 2025 and 84 more than in FY 2024.The fiscal impact of all amendments if $2.45 billion; however, this estimate may be conservative because the fiscal impact of all amendments...

On April 9th, the House of Representatives passed House Bill 55, An Act making appropriations for the fiscal year 2025 to provide for supplementing certain existing appropriations and for certain other activities and projects. The $1.32 billion...

As we begin a new year and look towards a new Legislative Session, I am pleased to share the Massachusetts Taxpayers Foundation’s 2024 Annual Report. This brief report does not capture all that we accomplished over the last year, but we hope it...

5 Things to Know About the FY 2025 Senate Amendments1. Senate members filed 1,100 amendments, 51 more than in FY 2024 and 78 fewer than in FY 2023.2. The fiscal impact of all amendments is $2.9 billion.3. An estimated 58% (636) of the amendments are...

Today, the Senate Committee on Ways and Means (SWM) released its budget proposal for Fiscal Year (FY) 2025. The $57.99 billion spending plan includes notable investments in higher education, early education, and mental and behavioral health;...

The House finalized its $58.07 billion Fiscal Year (FY) 2025 budget last week after adding $95.8 million in spending over the course of three days of debate.The House took action on 1,495 amendments through a combination of 7 consolidated amendments...

Two weeks ago, the House Ways and Means Committee released its budget proposal for Fiscal Year (FY) 2025. While the budget development process for the upcoming fiscal year will consume much of the attention in the coming weeks, the FY 2024 fiscal...