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A Boston-based think-tank says the MBTA is in dire straits. “The MBTA’s finances are kind of in a calamitous state right now,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, which just came out with a report on the...
News Item
With ridership still far below pre-pandemic levels, the Massachusetts Bay Transportation Authority faces a calamitous revenue shortfall in years to come that would force fare hikes or service cuts and would make it impossible for the agency to enact...
News Item
The Massachusetts Taxpayers Foundation published a new report on Thursday describing the financial future of the state’s largest public transit agency as “unequivocal and unsettling.”
Despite the infusion of $2 billion in federal stimulus funds...
Publication
MTF issues its latest analysis of MBTA finances. Despite the recent infusion of federal funds and due in part to the unforeseen effects of the pandemic, the report documents the imminent financial cliff that will face the agency in 2023. The intent...
Publication
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...
Event
The next MTF Trustees meeting will be virtually on Tuesday, September 28, from 8:00 to 9:30 am. There will be staff updates on MTF's policy and research agenda, and Senate Ways and Means Chairman Michael Rodrigues will join us. To register,...
Event
A lot is going on in the transportation world - ARPA funding, the September vote by the House on the $1 trillion bipartisan infrastructure bill, the looming operating and capital budget challenges at the MBTA, uncertain return to work policies and...
News Item
“The low exemption has made it essentially a middle-class tax burden if you own real estate in the Commonwealth,” notes Eileen McAnneny, president of the Massachusetts Taxpayers Foundation.
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News Item
Massachusetts Taxpayers Foundations President Eileen McAnneny said employers would love to see their full UI debt from the pandemic canceled, but surmised that "might not be realistic given competing needs. "This obviously doesn't address the whole...
Event
The forum will include a presentation on the American Recovery Reinvestment Act’s role in the Commonwealth’s emergence from the Great Recession, followed by a panel discussion of how that experience can help us use ARPA resources wisely.
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