Displaying 11–20 of 124
Oct 08, 2020
PUBLIC FINANCE > Budget > FY 2021
Uncertainties with federal aid make it hard to pin down exactly how big the state’s budget hole is, Eileen McAnneny of the Massachusetts Taxpayers Foundation said. Should another federal relief package not materialize, McAnneny said “the revenue...
PUBLIC FINANCE > Budget > FY 2021
Oct 08, 2020
PUBLIC FINANCE > Budget > FY 2021
Massachusetts Taxpayers Foundation President Eileen McAnneny said she expected economic recovery to be “up-and-down and perhaps spotty” until the pandemic is controlled. She projected tax revenues would land at $27.27 billion this fiscal year, $3.9...
PUBLIC FINANCE > Budget > FY 2021
Oct 08, 2020
PUBLIC FINANCE > Budget > FY 2021
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, predicted a $3.9 billion drop in state tax revenues, which would increase without federal relief. "Even if there is a fiscal aid package, the proposed funding may be...
PUBLIC FINANCE > Budget > FY 2021
Oct 05, 2020
TRANSPORTATION
Aiello, the chair of the control board, said he was concerned about the high level of borrowing by the MBTA for capital projects, which shows up on the transit authority’s operating budget as debt service. “This is shooting up at a rate that is...
TRANSPORTATION
Oct 01, 2020
TRANSPORTATION
The Massachusetts Taxpayers Foundation has estimated the system will see a $308 million deficit. ...
TRANSPORTATION
Sep 30, 2020
PUBLIC FINANCE > Budget > FY 2020
Massachusetts Taxpayers Foundation President Eileen McAnneny said it’s “good news” the state won’t have to dip into the stabilization fund. ...
PUBLIC FINANCE > Budget > FY 2020
Sep 16, 2020
TRANSPORTATION
The second report suggests the authority’s success over the last few years in addressing long-standing maintenance and modernization needs may come to a halt in four years. The report describes an “impending chasm” between the billions of dollars...
TRANSPORTATION
Aug 20, 2020
PUBLIC FINANCE > Budget > FY 2021
As Bay State officials stare at a $6 billion structural deficit amid plummeting tax revenue, adding this program would be quite difficult, said Eileen McAnneny of the Massachusetts Taxpayers Foundation. “The state would be hard-pressed to find...
PUBLIC FINANCE > Budget > FY 2021
Aug 17, 2020
TRANSPORTATION
Taken together, the MBTA is staring down a staggering budget deficit in the fiscal year that starts next July, according to an analysis by the Massachusetts Taxpayers Foundation. That’s assuming fare revenue rebounds to 75 percent of its...
TRANSPORTATION
Aug 12, 2020
PUBLIC FINANCE > Budget > FY 2021
In May, the Massachusetts Taxpayers Foundation, a nonprofit think tank, said that state tax revenues in the current fiscal year were expected to be $6 billion less than anticipated. In July, the U.S. Department of Labor reported a...
PUBLIC FINANCE > Budget > FY 2021