The Foundation released its 43rd annual report on municipal finances concluding that despite a modest rebound in revenues, municipalities find themselves in a long-term budget squeeze because the costs for pensions, employee and retiree health care,...

On January 8th, Governor Baker announced $105 million in budget cuts and new revenues to partially address an midyear budget gap. ...

The fiscal year (FY) 2019 budget process is officially underway, commencing last month with the annual Consensus Revenue Hearing. The testimony provided at the hearing touched on a number of issues – including slow revenue growth, insufficient...

This study, one of a series comparing the Commonwealth's taxes and business costs with other states, finds that Massachusetts ranks higher than the national average for personal income and corporate income taxes, and lower than average for sales and...

In a major study of the effects of Question 5-the health care measure that appeared on the November ballot-MTF concludes that the initiative would cost state taxpayers, employers and consumers between $2.8 and $5.6 billion, in addition to the...

Legislative Testimony: Citing the recommendations of the Foundation's joint study with the United Way of Massachusetts Bay, MTF President Michael J. Widmer testified before the Human Services Committee to fully incorporate education and training into...

In the 31st edition of its annual summary of trends in local revenue, spending and property taxes, the Foundation reports that municipal finances reached a high water mark in fiscal 2001. Looking ahead, however, the report cautions that cities and...

MTF and three other business organizations have joined together to defeat Question 1, the Libertarian Party's reckless proposal to abolish the state income tax. If adopted, this extreme measure would throw the finances of state and local governments...

In the 32nd edition of its annual summary of trends in local revenue, spending and property taxes, the Foundation concludes that municipal finances have entered a new and much more difficult phase. While overall performance remained healthy in 2002,...

In the 33rd edition of its annual summary of trends in local revenue and spending, the Foundation concludes that deep cuts in state aid to cities and towns have produced significant increases in property taxes across the Commonwealth, including...