The FY 2016 budget has been hampered by a large structural gap that is the result of $1.2 billion in one-time funds used in FY 2015 and $1.5 billion in spending growth for non-discretionary accounts. That $2.7 billion total shortfall is offset by tax...

The MBTA’s fiscal and structural problems are so severe and pervasive that marginal reforms will no longer suffice. The MBTA has reached the end of its line and needs a comprehensive rescue plan before there is any discussion of new revenue.(Governor...

The Foundation is working with other business groups to address issues with the net worth measure of the state’s corporate excise. This memo provides a detailed explanation of the issues and solutions.

In anticipation of the release of the Governor’s budget later this week, this briefing provides a status report on fiscal year 2016 and an overview of what we anticipate for fiscal year 2017.

Tax revenues will grow by $1.1 billion, or 4.5 percent, to $25.5 billion in fiscal 2016, continuing the trend of modest growth yet still below that of previous economic recoveries, according to a new forecast released today by the Massachusetts...

The Foundation’s analysis concludes that the state is facing an estimated budget deficit of $1 billion for fiscal 2015.

The Foundation’s 44th annual report on municipal finances. Despite a modest rebound in revenues, municipalities find themselves in a long-term budget squeeze as retiree benefit obligations continue to grow.

The Foundation’s latest report highlights that the soaring costs of retiree health care have consumed more than a quarter of the growth of property taxes in the state’s poorest communities since 2009. Addressing these huge unfunded liabilities must...

The Foundation urges a NO vote on Question 1 this November. Massachusetts roads and bridges will continue to deteriorate without vital funds provided in the 2013 transportation reform bill.