Displaying 41–50 of 545
Apr 06, 2023
PUBLIC FINANCE > Budget > FY 2023
In January, budget-writers upgraded the Fiscal Year (FY) 2023 tax revenue benchmark by just over $150 million, from $39.618 billion to $39.768 billion. Tax collections for the month of March (announced on April 5th) are the first collections to be...
PUBLIC FINANCE > Budget > FY 2023
Apr 03, 2023
TRANSPORTATION
Will MBTA Labor Shortages Impede its Future? Like transit agencies across the nation, the MBTA is struggling to find the talent it needs to deliver full bus and rapid transit services today, let alone the expanded services being planned or...
TRANSPORTATION
Mar 29, 2023
PUBLIC FINANCE > Budget > FY 2023
The Fiscal Year (FY) 2024 budget development process is well underway, but with about 4 months remaining in FY 2023 this brief takes a fresh look at the state’s current fiscal picture. Based on current spending and revenue collections to date, the...
PUBLIC FINANCE > Budget > FY 2023
Mar 17, 2023
PUBLIC FINANCE > Budget > FY 2024
Since December of 2021, the state has appropriated close to $8 billion in combined federal Fiscal Recovery Funds (FRF) and Fiscal Year (FY) 2021 and 2022 surplus resources to support a range of COVID recovery and economic development initiatives....
PUBLIC FINANCE > Budget > FY 2024
Mar 01, 2023
PUBLIC FINANCE > Budget > FY 2024
The Healey-Driscoll administration has released its inaugural budget, 8 weeks after being sworn into office. The $54.8 billion spending plan builds in ongoing tax relief, while making major new investments in several critical areas, and continues to...
PUBLIC FINANCE > Budget > FY 2024
Feb 27, 2023
PUBLIC FINANCE > Taxes
Today, Governor Healey announced the details of a tax relief proposal that she plans to file in conjunction with her Fiscal Year (FY) 2024 budget proposal on March 1st. The tax package, which has an FY 2024 budget impact of $742 million and an...
PUBLIC FINANCE > Taxes
Feb 16, 2023
PUBLIC FINANCE > Taxes > Income Tax
Tax policy is at the forefront of the legislative and fiscal agenda in 2023 as the state implements the income surtax, reassesses a tax package that garnered bipartisan support last year, and welcomes a new gubernatorial administration that has made...
PUBLIC FINANCE > Taxes > Income Tax
Feb 13, 2023
MTF is publishing eleven policy previews on these and other topics to help policymakers and the public begin the session with a clear understanding of where issues stand and the policy questions that must be addressed in the months ahead.  Each...
Feb 02, 2023
PUBLIC FINANCE > Budget > FY 2023
Governor Healey’s Capital Authorization Bills On Thursday, January 19th, Governor Maura Healey filed the first capital bond bills of her Administration, totaling $1.4 billion. The first bill focuses on what the Administration identifies as the ...
PUBLIC FINANCE > Budget > FY 2023
Feb 02, 2023
PUBLIC FINANCE > Taxes > Income Tax
Chapter 62F of the Massachusetts General Laws establishes a limit on annual state tax revenue collections. The law, passed by an initiative petition in 1986, created a process by which actual tax collections are compared to an allowable tax revenue...
PUBLIC FINANCE > Taxes > Income Tax