Tax revenues will increase by approximately $680 million, or 2.4 percent, to $29.47 billion in fiscal 2020 according to a new forecast released today by the Massachusetts Taxpayers Foundation at the state’s annual consensus revenue hearing. ...

“Preparing a budget months in advance is difficult in the best of circumstances but this year is particularly challenging given the huge revenue swings that could result from any one of several scenarios in play, including the potential impact on...

Today, the Baker Administration announced $97.9 million in midyear budget (9C) cuts.1 These cuts come during a particularly challenging budget year in which revenues have been reduced by $800 million already. This brief provides background on the FY...

Forecasting state tax revenues 18 months into the future is always risky as unforeseen events often undermine predictions as the past three years have demonstrated. However, predicting revenues in FY 2019 is more daunting than usual because there are...

Massachusetts cities and towns endured the most difficult two-year period in the Proposition 2 ½ era in fiscal 2010 and 2011 with property taxes rising to their highest share of local spending in 30 years, according to the Massachusetts Taxpayers...

While acknowledging that the Commonwealth faces a $2 billion fiscal shortfall in fiscal 2003, in attempting to close that gap the administration's budget proposal relies on overly optimistic revenue growth projections, excessive use of reserves, an...

In a major study of the T's capital spending, the Taxpayers Foundation concludes that the multi-billion dollar cost of proposed expansion projects threatens the T's ability to achieve improved services and stronger finances, the twin goals of forward...

Despite a decade of progress, high business costs in key areas continue to hold back the Massachusetts economy, and more must be done to make the Commonwealth competitive. That is the conclusion of the latest update in MTF's series comparing business...

In its annual analysis of state spending, the Taxpayers Foundation calls on state leaders to develop a fiscal blueprint for 2004 and 2005 to address the Commonwealth's massive and growing structural deficit. The report recommends that legislative...