Last week, the House engrossed a $3.8 billion pandemic recovery spending plan that combines federal Fiscal Recovery Funds (FRF) and the state’s fiscal year (FY) 2021 surplus.  Over two days of debate, House members added $173.6 million in...

Earlier today, the House Committee on Ways & Means (HWM) released their plan to spend $3.65 billion in federal Fiscal Recovery Funds (FRF) and fiscal year (FY) 2021 surplus dollars on a variety of programs and policies intended to spur the...

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; •...

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...

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....

th, MTF held a forum effective use of American Rescue Plan funds which included a presentation from Sheanna Gomes, Senior Associate for the State Fiscal Health project at the Pew Charitable Trusts. Her presentation highlights important considerations...