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Apr 29, 2024
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Apr 29, 2024
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The House finalized its $58.07 billion Fiscal Year (FY) 2025 budget last week after adding $95.8 million in spending over the course of three days of debate.The House took action on 1,495 amendments through a combination of 7 consolidated amendments and 2 separate votes. Some version of at least…
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Apr 26, 2024
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Apr 26, 2024
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Two weeks ago, the House Ways and Means Committee released its budget proposal for Fiscal Year (FY) 2025. While the budget development process for the upcoming fiscal year will consume much of the attention in the coming weeks, the FY 2024 fiscal picture remains unclear and will require careful…
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Apr 18, 2024
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Apr 18, 2024
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5 Things to Know:1. House members filed 1,495 amendments, 71 fewer than in FY 2024 and 27 fewer than in FY 2023.2. The fiscal impact of all amendments is $2.02billion.*3. Over 70% (1,095) of the amendments are earmarks.4. Approximately 25%(400) of the amendments are outside policy sections, support…
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Apr 10, 2024
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Apr 10, 2024
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Earlier today, the Fiscal Year (FY) 2025 budget development process officially moved to the Legislature with the release of the House Committee on Ways and Means (HWM) budget proposal. About two months after Governor Healey filed her administration’s spending plan, the $57.98 billion HWM budget…
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Mar 18, 2024
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Mar 18, 2024
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On January 24th, the Healey administration filed its budget proposal for Fiscal Year (FY) 2025. The $58.13 billion spending plan is supported by tax, departmental, and federal revenues, as well as the use of trust fund resources built up in recent years.The revenue foundation for Governor Healey’s…
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Mar 08, 2024
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Mar 08, 2024
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On January 24th, Governor Healey released her administration’s budget proposal for Fiscal Year (FY) 2025. The $58.13 billion spending plan included critical investments in childcare, healthcare, and transportation; as well as $20.3 billion in gross spending for the state’s MassHealth program.…
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Feb 28, 2024
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Feb 28, 2024
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The Healey-Driscoll administration released its Fiscal Year (FY) 2025 budget proposal on January 24, 2024. The Governor’s budget proposes $58.13 billion in total on-budget spending including $1.3 billion in spending supported by income surtax revenues directed to education and transportation…
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Feb 26, 2024
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Feb 26, 2024
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The Healey administration filed its Fiscal Year (FY) 2025 budget proposal on January 24th, totaling $58.13 billion. The spending plan includes critical investments in healthcare and education, as well as a notable funding increase for transportation supported by new income surtax revenues.Governor…
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Feb 23, 2024
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Feb 23, 2024
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On January 24th, the Healey administration filed its budget proposal for Fiscal Year (FY) 2025. The $58.13 billion spending plan includes $1.3 billion in proposed spending supported by income surtax revenues, an increase of $300 million over the $1 billion surtax spending cap established for the FY…
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Feb 14, 2024
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Feb 14, 2024
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On January 24th, the Healey administration filed its budget proposal for Fiscal Year (FY) 2025. The $58.13 billion spending plan included critical investments in child care, healthcare, and transportation; as well as sizeable increases in support for local aid to cities and towns and K-12 education…
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