Displaying 41–50 of 173
Feb 14, 2021
PUBLIC FINANCE > Budget > FY 2022
“What you may be seeing in a lot of these municipalities is a reassessment of how they want to use some of this stuff in light of the fact that they have another year to spend it,” said Doug Howgate, executive vice president of the Massachusetts...
PUBLIC FINANCE > Budget > FY 2022
Feb 09, 2021
PUBLIC FINANCE > Budget > FY 2022
According to the Massachusetts Taxpayers Foundation, Baker’s budget includes a $100 million increase in Health Safety Net Hospital Assessments ($75 million of it due this fiscal year). The money would not be directed into the program that reimburses...
PUBLIC FINANCE > Budget > FY 2022
Feb 02, 2021
PUBLIC FINANCE > Budget > FY 2022
Doug Howgate, executive vice president of the Massachusetts Taxpayers Foundation, who previously advised Senate President Karen Spilka on health care policy, said he expects that outside groups this time will look seriously at Baker’s proposal. ...
PUBLIC FINANCE > Budget > FY 2022
Jan 27, 2021
PUBLIC FINANCE > Budget > FY 2022
“The overarching theme of the budget is, there are a lot of moving parts. So stay tuned,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, a business-backed budget watchdog. “All the revenue is up in the air at this point.” ...
PUBLIC FINANCE > Budget > FY 2022
Jan 27, 2021
PUBLIC FINANCE > Budget > FY 2022
“Replacing that revenue is among the biggest challenge budget writers face in balancing the FY2022 budget,” Mass. Taxpayers Foundation said as it also flagged that Baker is using $64 million in one-time revenues from further delaying a charitable...
PUBLIC FINANCE > Budget > FY 2022
Jan 27, 2021
PUBLIC FINANCE > Budget > FY 2022
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation said there are still “many moving pieces” in a budget landscape likely to change significantly before July 1. “When we think about the main sources of revenue — tax revenues,...
PUBLIC FINANCE > Budget > FY 2022
Dec 20, 2020
PUBLIC FINANCE > Budget > FY 2022
MTF President Eileen McAnneny said the bullish projections were predicated on sales taxes jumping 7.1%, or $484 million, and withholding income tax climbing nearly 4%, or $522 million. Gas and room occupancy taxes could also rebound significantly,...
PUBLIC FINANCE > Budget > FY 2022
Dec 15, 2020
PUBLIC FINANCE > Budget > FY 2022
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said unemployment levels are not expected to return to pre-pandemic levels until 2024. McAnneny noted that the pandemic has also pushed people out of the labor force, with 228...
PUBLIC FINANCE > Budget > FY 2022
Dec 15, 2020
PUBLIC FINANCE > Budget > FY 2022
The Massachusetts Taxpayers Foundation projected $29.73 billion in tax revenues in fiscal 2022, with President Eileen McAnneny laying out the reasoning behind her “cautiously optimistic” scenario. In a seven-page report, McAnneny said the MTF...
PUBLIC FINANCE > Budget > FY 2022
Nov 18, 2020
PUBLIC FINANCE > Budget > FY 2021
While officials say the threshold will hit only the largest 6 percent of businesses in Massachusetts, the Massachusetts Taxpayers Foundation said the change will be “costly for them at a time many are reeling from the loss of business resulting from...
PUBLIC FINANCE > Budget > FY 2021