Displaying 41–50 of 551
May 09, 2023
PUBLIC FINANCE > Budget > FY 2024
The Fiscal Year (FY) 2024 budget process reached another milestone today with the release of the Senate Committee on Ways and Means (SWM) budget proposal. The $55.9 billion SWM spending plan differs from earlier proposals as it was not released in...
PUBLIC FINANCE > Budget > FY 2024
May 04, 2023
PUBLIC FINANCE > Municipal
Major Trends in Local Finance Municipal revenues and expenditures increased by 5.7 percent ($1.8 billion) from fiscal year (FY) 2021 to FY 2022; the highest rate of growth since FY 2007. The strong rate of growth in FY 2022 is partially the residue...
PUBLIC FINANCE > Municipal
Apr 27, 2023
PUBLIC FINANCE > Budget > FY 2024
The House finalized its $54.9 billion Fiscal Year (FY) 2024 budget this week after adding $129.7 million in spending over the course of three days of debate. The House took action on 1,566 amendments through a combination of 7 consolidated...
PUBLIC FINANCE > Budget > FY 2024
Apr 19, 2023
PUBLIC FINANCE > Budget > FY 2024
PUBLIC FINANCE > Budget > FY 2024
Apr 12, 2023
PUBLIC FINANCE > Budget > FY 2024
The next major step in the FY 2024 budget development process began today with the release of the House Committee on Ways and Mean’s (HWM) budget proposal. Coming just six weeks after Governor Healey filed her administration’s inaugural budget, the ...
PUBLIC FINANCE > Budget > FY 2024
Apr 11, 2023
PUBLIC FINANCE > Taxes
Today, the House Committee on Ways and Means released their tax relief proposal. The plan includes 7 major provisions and carries a fiscal impact of $654 million in FY 2024. When fully-phased in after 3 years, the annualized cost of the proposal is ...
PUBLIC FINANCE > Taxes
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