Budget conferees are negotiating spending, revenue and policy differences between the House and Senate proposals in order to present a final budget to Governor Baker for the start of fiscal year 2023. For the second straight year, conferees must also significantly revise the budget’s tax revenue…

The Senate completed budget deliberations this week, finalizing a $49.9 billion budget after three days of deliberations. The Senate adopted 514 of the 1,178 amendments filed by individual Senators. The final Senate budget adds $93.3 million in spending and 104 new policy sections.

The Senate begins its budget process today, with the release of the Senate Ways and Means proposal. The SWM budget follows a similar script to the House, foregoing a tax relief proposal put forward by Governor Baker and including hundreds of millions in new investments. Like earlier proposals, the…

The Massachusetts Taxpayers Foundation, a nonpartisan watchdog group, endorsed Baker’s plan, calling it the right move to keep the commonwealth competitive.

The Massachusetts Taxpayers Foundation helpfully adds it all up: The bill includes 614 environmental, climate, and economic development earmarks, and guarantees every municipality in the state at least $250,000.

The House wrapped up its budget deliberations this week, finalizing a $49.8 billion budget, after adding $129.6 million in spending through amendment over the course of 3 days of session.  The House acted on a record number of budget amendments this year, disposing of 1,522 riders through 7…

The next stage in the fiscal year (FY) 2023 budget begins today with the release of the House Ways and Means (HWM) committee’s budget proposal. Like Governor Baker’s proposal released in January, the HWM budget makes historic investments in K-12 education, while continuing to build the…

Please join us for our first virtual policy call of the New Year! Doug Howgate will provide a timely and comprehensive presentation on Governor Baker’s Fiscal Year 2023 budget proposal and answer any questions you may have with respect to it.  You’ll also receive a brief preview of the fiscal…

Governor Baker’s Budget – Five Things to Know Among the many elements in Governor Baker’s budget, several proposals and assumptions stand out as being particularly notable.  Each of these items will play a significant role in the budget process in the months ahead.   The Governor’s budget…

Budget leaders from the House, Senate, and Administration have agreed on $36.9 billion as the consensus tax revenue figure for the fiscal year 2023 budget. Budget makers expect tax revenues to grow by $967 million (2.7 percent) over estimated FY 2022 collections of $35.95 billion. FY 2022 tax…