Displaying 11–20 of 552
Feb 07, 2024
EDUCATION
The following brief provides an analysis of state workforce investments in state budgets from FY 2019 to FY 2023 organized in MTF’s training opportunities for state-serving populations workforce category. As MTF noted in our earlier introductory...
EDUCATION
Jan 28, 2024
TRANSPORTATION
Workforce challenges at the MBTA have received extensive reporting in recent years. Those challenges took on a new sense of urgency in 2022 when a safety management inspection by the Federal Transit Administration (FTA) found that the MBTA needed to...
TRANSPORTATION
Jan 24, 2024
PUBLIC FINANCE > Budget > FY 2025
Earlier today, the Healey-Driscoll administration released its Fiscal Year (FY) 2025 budget proposal. The $58.13 billion spending plan includes critical investments in childcare, education, and transportation; and $1.3 billion in spending supported...
PUBLIC FINANCE > Budget > FY 2025
Jan 16, 2024
ECONOMY
On October 18th, the Healey administration unveiled a $4.1 billion housing bond bill, titled the Affordable Homes Act, which combined a new five-year capital funding plan with a variety of policy proposals intended to spur production and accelerate...
ECONOMY
Jan 11, 2024
PUBLIC FINANCE > Budget > FY 2024
Earlier this week, the Healey administration announced a $1 billion tax revenue shortfall for FY 2024, downgrading the revenue benchmark from $40.41 billion to $39.41 billion. They also released a plan to solve the shortfall which includes...
PUBLIC FINANCE > Budget > FY 2024
Jan 08, 2024
PUBLIC FINANCE > Budget > FY 2025
On January 8th, budget leaders from the House, Senate, and Administration announced a $40.202 billion consensus tax revenue figure for the Fiscal Year (FY) 2025 budget, excluding surtax revenue. Budget writers expect tax revenues to grow by $792...
PUBLIC FINANCE > Budget > FY 2025
Jan 08, 2024
PUBLIC FINANCE > Budget > FY 2024
The Healey Administration announced a $1 billion revenue shortfall, attributable to below benchmark revenue collections to date.The FY 2024 revenue benchmark has been downgraded to $39.410 billion.After accounting for the shortfall and the impacts of...
PUBLIC FINANCE > Budget > FY 2024
Dec 20, 2023
TRANSPORTATION
On November 16, the MBTA presented an updated analysis of its State of Good Repair (SGR) Index, which measures the Authority’s capital asset needs, to the Board of Directors (here) in which it revised the SGR Index to $24.5 billion from the most...
TRANSPORTATION
Dec 12, 2023
PUBLIC FINANCE > Budget > FY 2025
On December 4th, the Massachusetts Taxpayers Foundation (MTF), along with the Department of Revenue (DOR) and other economic experts participated in the annual Consensus Revenue Hearing. The hearing offers administration and legislative budget...
PUBLIC FINANCE > Budget > FY 2025
Dec 04, 2023
PUBLIC FINANCE > Budget > FY 2025
Tax revenues for Fiscal Year (FY) 2024 and FY 2025 settle into a post-COVID pattern of lower growth as the economy slows, impacts from migration and an aging population emerge (Appendix A), and tax reforms take effect. Excluding revenues related to...
PUBLIC FINANCE > Budget > FY 2025