Prior to the end of formal sessions in calendar year 2021, the Legislature has two major public finance tasks before it: Determine how to use the fiscal year (FY) 2021 budget surplus; and Appropriate Fiscal Recovery Funds (FRF),...

On October 14th, MTF hosted a third virtual forum exploring what ARPA means for Massachusetts. The event focused on how Massachusetts and its communities can support an inclusive and equitable pandemic recovery. A moderated discussion on the topic...

Immediate Opportunities for Fiscal Recovery Funds and the two-page MTF in Brief highlight existing programs that can use Fiscal Recovery Funds right away to help the state address four key priority areas: •    Pandemic recovery; •...

Letter from Eileen McAnneny to State Senators Cindy Friedman and Ann-Margaret Ferrante, Chair and Vice Chair of the Joint Committee on Health Care Financing, in support of public health investment of ARPA funds.

MTF issues its latest analysis of MBTA finances. Despite the recent infusion of federal funds and due in part to the unforeseen effects of the pandemic, the report documents the imminent financial cliff that will face the agency in 2023. The intent...

This MTF Brief summarizes the key elements of the Governor’s proposal Fiscal background: Massachusetts ended FY 2021 with $34.1 billion in tax revenue - $5 billion higher than the revenue benchmark established in January. $1.1 billion of...

As we emerge from the pandemic, the need for robust pathways to economic opportunity is urgent. Students and businesses alike are demanding access to the skills needed for success in our dynamic economy. A recent report from the Department of...

The attached bulletin lays out the fiscal principles that should govern how approximately $5 billion in Fiscal Recovery Funds are allocated. The ARPA provides an unprecedented level of temporary support for Massachusetts and MTF will continue to...

Please find attached the PowerPoint deck I presented yesterday at the invitation-only hearing hosted by the joint Ways and Means Committee and the House Committee of Federal Stimulus and Census Oversight. As a recognized expert on the American Rescue...

On July 16th, Governor Baker signed the FY 2022 budget while making modest changes to the Legislature’s final spending plan. The Governor struck $7.85 million of the $48.1 billion budget, vetoed two sections and returned 25 sections with amendment....