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Displaying 571-580 of 639
May 31, 2007
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May 31, 2007
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"How long will the luck hold? For the past three fiscal years the Legislature has passed budgets which depended on reserves to achieve balance. In each case tax revenues came in better than forecast, largely because of capital gains, eliminating the need to actually deplete the reserves. This…
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Apr 30, 2007
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Apr 30, 2007
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"The fiscal 2008 state budget debate turns to the Senate this week at a particularly delicate time for state finances. The final tally shows that the House added $204 million in spending during floor debate, a net increase of $171.6 million in state spending after adjusting for $32.35 million in…
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Mar 31, 2007
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Mar 31, 2007
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Governor Patrick's fiscal 2008 state budget includes a proposed spending increase of 3.8 percent. Tables 1 and 2 summarize his recommendations by category and track spending from 2001 to 2008. After adjusting for inflation, proposed 2008 spending is less than 2001 for almost all categories except…
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Mar 31, 2007
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Mar 31, 2007
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"The House Ways and Means fiscal 2008 budget, which will be debated by the full House beginning April 23, has a bottom line that is very similar to the Governor's budget proposal but rejects most of his specific initiatives. The House proposes to spend $29.16 billion in fiscal 2008, an increase of…
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Dec 31, 2006
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Dec 31, 2006
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Tax revenues will grow much more slowly in 2007 and 2008 than they did the past two years, according to a forecast released today by the Massachusetts Taxpayers Foundation.
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Oct 31, 2006
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Oct 31, 2006
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The overall municipal financial picture stabilized in 2006. Nevertheless, most communities continue to face a fiscal squeeze as underlying costs grow faster than revenues, according to the Foundation's 36th annual analysis of local revenues and spending.
Total local revenues rose 4.7 percent in…
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Aug 31, 2006
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Aug 31, 2006
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The Long-Term Mismatch Between Available Resources and Important State Priorities: A Five-Year Fiscal Analysis
In its annual review of state finances, the Foundation cautions that while the Commonwealth is in its third year of financial recovery, the state's leaders now face the challenge of choosing from a long list of competing funding priorities that far exceed the state's ongoing fiscal capacity.
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May 31, 2006
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May 31, 2006
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In a new analysis of the Commonwealth's financial situation, the Foundation focuses on a mounting appetite for new initiatives that threatens to overwhelm the state's ongoing fiscal capacity.
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Mar 31, 2006
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Mar 31, 2006
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In its annual review of state finances, the Foundation cautions that while the Commonwealth is in its third year of financial recovery, the state's leaders now face the challenge of choosing from a long list of competing funding priorities that far exceed the state's ongoing fiscal capacity.
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Jan 31, 2006
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Jan 31, 2006
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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…
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