The confluence of the COVID-19 pandemic and the emergence of technology enabling effective remote work has caused a dramatic drop in demand for office space and a shift in what employers need from their physical spaces. This places the city in a...

Today, the Healey-Driscoll administration released its Fiscal Year (FY) 2026 budget proposal. The $62 billion spending plan increases spending over the FY 2025 GAA by $4.3 billion (7.4 percent) and over the administration’s estimated spending level...

On January 9th, budget leaders from the House, Senate, and Healey administration announced a $43.614 billion consensus tax revenue figure for Fiscal Year (FY) 2026, including $41.214 billion in non-surtax revenue and $2.4 billion related to the...

Massachusetts is at a critical crossroads, as growth in the behavioral health workforce and the talent pipeline is not keeping pace with the higher demand for services. Healthcare providers struggle to recruit and retain professionals in high-need...

Fiscal Year (FY) 2025 and FY 2026 tax revenues are projected to rebound to positive growth, after non-surtax revenue declines in FY 2022 and FY 2023; but overarching questions about the global economy and federal policy changes cloud the state’s...

In 2023, MTF released a report which made several recommendations on reforms that should be made to the Child Care Financial Assistance (CCFA) system to ensure greater system efficiency, family engagement, outcomes for children, and support for...

On September 11th, Governor Healey filed her administration’s closeout supplemental budget for Fiscal Year (FY) 2024; roughly two months after the official last day of the fiscal year. A closeout supplemental budget is filed and passed each year; its...

On July 29th, Governor Healey signed the Fiscal Year (FY) 2025 budget; sending back $316.8 million in gross spending vetoes ($248 million net). Inclusive of the Governor’s cuts, line-item spending in the FY 2025 budget would total $57.78 billion, a ...

The House and Senate are set to enact a Fiscal Year (FY) 2025 budget, totaling $58.1 billion in line-item spending.  It includes $27.5 million more in spending than the House and $16.5 million more than the Senate budget; and total spending...

The standard model for the role central business districts play in cities across the country has been forever disrupted by the pandemic. Reductions to in-person work have a cascade effect on commercial real estate, public finance, and city vibrancy...