October 27, 2016
PUBLIC FINANCE > Budget > FY 2017

MTF’s Analysis of FY 2017 Midyear Budget Gap

Earlier in October, the Baker Administration identified an estimated midyear budget gap of $294 million. Today, Administration and Finance Secretary Lepore laid out the plan to close that gap and keep this year’s budget in balance. This brief outlines the causes of the budget shortfall and reviews the solutions.