February 01, 2006
PUBLIC FINANCE > Budget > FY Pre-2008

Governor’s 2007 Budget: Focus on Local Aid; Future Affordability A Concern

In its new analysis of Governor Romney's proposed 2007 budget, the Foundation highlights the budget's focus on restoring local aid to cities and towns and providing financial support for health care reform. At the same time, however, the more than $1 billion of new expenditures recommended by the Governor would use up essentially all of the fiscal flexibility provided by the recent strong growth in tax revenues, raising concerns about the budget's impact in future years.