The Commonwealth of Massachusetts raises and spends more than $60 billion annually across four major classes of spending (operating, capital, trust, federal grants), ten policy areas, and hundreds of spending accounts. MTF's award-winning research and analysis focuses on the annual budget development process for each state fiscal year, providing critical insights for policymakers each year.
The state fiscal year 2021 begins July 1, 2020 and ends June 30, 2021.
