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Publication
The Healey Administration announced a $1 billion revenue shortfall, attributable to below benchmark revenue collections to date.The FY 2024 revenue benchmark has been downgraded to $39.410 billion.After accounting for the shortfall and the impacts of...
News Item
Doug Howgate, the president of the Massachusetts Taxpayers Foundation, said the numbers suggest to him that it’s time for Gov. Maura Healey to revise downward the tax revenue forecast for this year by about $1 billion and begin to pare back spending...
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It’s bad news no matter how you spin it. The Massachusetts Taxpayers Foundation, in a brief published in late December, called the situation “a sobering statement of how long and challenging the path to a well-functioning system is.”The MBTA says it...
Event
MTF's next webinar will examine public and private colleges and universities' role in the Commonwealth's economy. The webinar will include presentations by MTF President Doug Howgate and Evan Horowitz, Executive Director at the Center for State...
Event
We will use the hour to review health care spending, policy, and underlying assumptions in Governor Healey's fiscal year 2026 budget. We will also provide overviews of MTF's recent health care policy work covering the state's response to Steward...
Event
You can register for the in-person or Zoom Meeting here....
News Item
Three of the most-read stories from CommonWealth ... related to transportation, and the top story, about a Massachusetts Taxpayers Foundation study, focused on transportation and the fallout from COVID and remote work on the downtown Boston office...
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Massachusetts faces a huge question mark about how to fund the future of transportation in the commonwealth. And we need a plan.A new report from the Massachusetts Taxpayers Foundation described the challenge as “near insurmountable” given the...
News Item
“Given that the MBTA lacks sufficient resources to even manage the previous $10 billion SGR Index, let alone the projects in the unconstrained 10-year spending framework, an additional $2 billion in capital needs puts the capital gap at near...
Publication
On November 16, the MBTA presented an updated analysis of its State of Good Repair (SGR) Index, which measures the Authority’s capital asset needs, to the Board of Directors (here) in which it revised the SGR Index to $24.5 billion from the most...