The Fiscal Year (FY) 2027 budget development process has now entered one of its final stages, Conference negotiations. The Conference Committee, led by the Chairs of the House and Senate Committees on Ways and Means, must reconcile all spending, policy, and technical differences between the budget bills passed by each branch; with the goal of delivering a final spending plan to Governor Healey’s desk by July 1st.

In the Conference Preview, MTF provides a deep dive on the similarities and differences between the House and Senate budgets and makes several recommendations related to resources, spending, and improving the structural stability of the state budget.