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Displaying 341-350 of 642
May 05, 2020
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May 05, 2020
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"The coronavirus pandemic has disrupted seemingly everything about our normal routines, and the state’s budget process on Beacon Hill is no exception. Three of the unique challenges facing lawmakers warrant mentioning," says MTF president Eileen McAnneny in this op-ed published in the Boston…
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May 02, 2020
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May 02, 2020
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The Massachusetts Taxpayers Foundation predicts the state will see a $4.4 billion drop in tax revenues in the fiscal year that begins July 1, a figure that could grow depending on how long people are out of work. Eileen McAnneny, the group's president, said while tax proposals are likely shelved…
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Apr 30, 2020
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Apr 30, 2020
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In a letter to Senate Ways and Means Chairmen Michael Rodrigues, Aaron Michlewitz and Administration and Finance Secretary Michael Heffernan, the chief fiscal 2021 budget planners, MTF President Eileen McAnneny outlined the array of options available to legislators to help address the public…
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Apr 30, 2020
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Apr 30, 2020
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To calculate several other expected revenues, the town is anticipating a 14.1 percent drop from previous predictions. This thinking, Mayo said, was influenced by the Massachusetts Taxpayers Foundation, which is predicting the state will see a 14.1 percent reduction in state revenue in Massachusetts…
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Apr 29, 2020
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Apr 29, 2020
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McAnneny, of the business-backed taxpayers foundation, says the CARES Act is "insufficient to mitigate the economic impacts of the pandemic." In her testimony earlier this month, McAnneny highlighted the role that federal funds can play by pointing the $7.4 billion in American Recovery and…
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Apr 22, 2020
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Apr 22, 2020
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According to the Massachusetts Taxpayers Foundation, "We can anticipate a $4.4 billion loss of revenue in the state next year," Holaday said, adding that it's the "best-case scenario if we are able to open the state and businesses by early July."
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Apr 21, 2020
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Apr 21, 2020
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MTF has released the 49th Edition of the Municipal Financial Data pamphlet, an annual publication that summarizes key financial issues for the 351 cities and towns in Massachusetts for fiscal 2019 including an overview of major revenue and spending trends, tax rates, debt characteristics, and other…
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Apr 17, 2020
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Apr 17, 2020
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The virtual meeting began Thursday with presentations from Massachusetts Budget and Policy Center President Marie-Frances Rivera and Massachusetts Taxpayers Foundation President Eileen McAnneny, each of whom detailed the forecasts they provided earlier this week at a hearing designed to help state…
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Apr 16, 2020
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Apr 16, 2020
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The Massachusetts Taxpayers Foundation projected a revenue decline of $4 billion for the state's fiscal year 2021 budget. A Senate working group that had been studying tax code changes indicated it will struggle to make recommendations while the pandemic is ongoing.
https://www.nepr.net/…
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Apr 16, 2020
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Apr 16, 2020
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COVID-19 Impact: What MTF’s Revised Tax Forecast Means for MBTA, MSBA, “Rainy Day” Fund, and Pension Contribution
MTF’s new analysis highlights the implications of our revised forecast on the MBTA, the Massachusetts School Building Authority (MSBA), and other purposes supported by dedicated tax revenue. We estimate that compared to the original consensus estimate, the MBTA will receive $53 million less in…
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