The Foundation’s 44th annual report on municipal finances. Despite a modest rebound in revenues, municipalities find themselves in a long-term budget squeeze as retiree benefit obligations continue to grow. ...

Heading toward the halfway mark in fiscal year (FY) 2018, the state’s short-term fiscal outlook remains unclear. At this point in the fiscal year, the state budget appears to be in balance, with known spending needs largely offset by stronger than...

State tax revenues for fiscal 2011 will total $18.953 billion, a $674 million increase over the fiscal 2010 revised benchmark, according to a new forecast today by the Massachusetts Taxpayers Foundation.MTF President Michael J. Widmer, who presented...

Municipalities weathered one of their most difficult years in the Proposition 2 ½ era in fiscal 2010, highlighting the urgency of controlling municipal health insurance costs. Driven by cuts in local aid and declines in local receipts and new...

Tax revenues will grow by $980 million, or 3.8 percent, to $26.69 billion in fiscal 2017, slower than the 4.6 percent annual average over the past five years and below that of previous economic recoveries, according to a new forecast released today...

The Foundation’s analysis concludes that the state is facing an estimated budget deficit of $1 billion for fiscal 2015. ...

According to Eileen McAnneny, the Foundation’s President, ”this contract agreement demonstrates what is achievable when management and labor have a candid dialogue on how to face future challenges without the shackles of the Pacheco law....

Over the last eight months, the state’s OPEB Commission has done an enormous amount of good work in addressing the unaffordable costs of retiree health care facing the state and municipalities. ...

The Consensus Revenue Hearing, held on December 5th, kicked off the FY 2018 budget development process. The testimony at the hearing highlighted a number of fiscal challenges that the state can expect in the near future. The Foundation is providing a...