On January 14th, budget leaders from the House, Senate, and Healey administration announced a $44.9 billion consensus tax revenue figure for Fiscal Year (FY) 2027, including $42.2 billion in non-surtax revenue and $2.7 billion related to the income...

Over the last 12 months, MTF has played a pivotal role in shaping the most important issues on the public policy agenda and defining constructive and actionable steps to address the challenges that face the Commonwealth. From transportation finance,...

As budget writers prepare for the Fiscal Year (FY) 2027 budget development process, they continue to closely monitor FY 2026 revenue collections and the myriad factors—stemming from both state and federal action—that impact the stability of the state...

On December 16th, 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...

The Massachusetts Taxpayers Foundation (MTF) projects Fiscal Year (FY) 2026 non-surtax revenues to fall $73 million below the FY 2026 benchmark, ending the year at $41.14 billion. FY 2027 non-surtax revenues are projected to grow $884 million or 2.2...

In November 2019, An Act Relative to Educational Opportunity for Students (Chapter 132 of the Acts of 2019) was signed into law by Governor Charlie Baker. Better known as the Student Opportunity Act (SOA), the new law represented the...

As a helpful resource for those interested in early education and care (EEC) policy in Massachusetts, MTF is publishing a series of EEC 101 Fact Sheets, each breaking down key parts of the early education space in the Commonwealth – from the impact...

Philip joins MTF as a Mid-Career Fellow after most recently serving as Committee Legal Counsel to the Massachusetts House Committee on Ways and Means under Chairman Aaron Michlewitz, where he contributed to developing and passing the state’s annual...

The Mass Ready Act, a $3.1 billion environmental bond bill, was filed by the Healey-Driscoll administration on June 24th. The legislation proposes a new five-year capital plan and a series of policy initiatives aimed at improving climate resilience,...

Last week, MTF published a fiscal update brief reviewing Fiscal Year (FY) 2025 tax revenue collections, the current budget balance estimate, and the Healey-Driscoll administration’s closeout supplemental budget. It included MTF’s recommendation for...