• July 18 2018

FY 2019 Budget: Initial Analysis of the Conference Report

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Today, the House and Senate released the fiscal (FY) 2019 budget conference report, which will now go to Governor Baker for his review. The $41.88 billion budget reconciles the House and Senate spending plans eighteen days after the start of the new fiscal year. The conference budget is most notable in its decision to increase assumed tax revenue by $667.3 million over the amount agreed to as part of the consensus revenue process.