Fiscal Year (FY) 2025 and FY 2026 tax revenues are projected to rebound to positive growth, after non-surtax revenue declines in FY 2022 and FY 2023; but overarching questions about the global economy and federal policy changes cloud the state’s...

In 2023, MTF released a report which made several recommendations on reforms that should be made to the Child Care Financial Assistance (CCFA) system to ensure greater system efficiency, family engagement, outcomes for children, and support for...

On September 11th, Governor Healey filed her administration’s closeout supplemental budget for Fiscal Year (FY) 2024; roughly two months after the official last day of the fiscal year. A closeout supplemental budget is filed and passed each year; its...

On July 29th, Governor Healey signed the Fiscal Year (FY) 2025 budget; sending back $316.8 million in gross spending vetoes ($248 million net). Inclusive of the Governor’s cuts, line-item spending in the FY 2025 budget would total $57.78 billion, a ...

The House and Senate are set to enact a Fiscal Year (FY) 2025 budget, totaling $58.1 billion in line-item spending.  It includes $27.5 million more in spending than the House and $16.5 million more than the Senate budget; and total spending...

The standard model for the role central business districts play in cities across the country has been forever disrupted by the pandemic. Reductions to in-person work have a cascade effect on commercial real estate, public finance, and city vibrancy...

The MBTA has made important strides. It increased its operating staff by 1,200 since June 2022 and has improved its handling of safety and service issues that have plagued the Authority for several years. However, it still has a long uphill climb....

Policymakers used additional state and federal resources during the pandemic to make a significant investment in the state’s workforce development system. These workforce investments all share a common goal; to address labor shortages in critical...

This November, voters in Massachusetts may be asked to approve or reject a number of proposals that either create new or amend existing state laws. These proposals, known as initiative petitions, are currently under consideration by the State...

Workforce challenges at the MBTA have received extensive reporting in recent years. Those challenges took on a new sense of urgency in 2022 when a safety management inspection by the Federal Transit Administration (FTA) found that the MBTA needed to...