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Presentation – Transportation Funding: Context, Challenges & Progress
On June 24, 2024, Policy Director Phineas Baxandall joined Transportation for Massachusetts (T4MA)'s community conversation on transportation funding. Baxandall focused on how Fair Share spending works and how to advocate in the budget process.
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K-12 Funding Analysis by District: Challenges of Recent Inflation Limiting Investments From the Student Opportunity Act
The 2019 Student Opportunity Act (SOA) intended to make state funding in K-12 schools more robust and equitable. The following analysis examines the SOA’s impact on K-12 funding so far. It also examines how recent inflation levels have dampened the impact of the new law and what the Commonwealth can do to address the actual costs faced by schools and districts.
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Pre-Conference Analysis: With Fair Share Revenue Surpassing Expectations, More Money Could Go to Education and Transportation in House and Senate Compromise
Going into this year's Conference Committee, one major story is that revenue collection from the Fair Share "millionaire's tax" is much higher than originally projected. In settling the differences between the House and Senate budget proposals, lawmakers could confidently revise their Fair Share revenue estimate for FY 2025 upwards by several hundred million dollars.
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What is the Actual State Cost of MassHealth in State Fiscal Year 2025?
This brief looks beyond the budget totals to help stakeholders better understand the actual state cost of MassHealth by accounting for the state and federal partnership that finances this program.
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With Fair Share Dollars, Senate Ways and Means Proposes Bold Improvements, Though Problems with Student Opportunity Act Remain
On May 7th, the Senate Ways and Means (SWM) Committee released its proposed budget for the Fiscal Year 2025. Like last month’s House budget proposal, the SWM proposal would make new investments in education and transportation, made possible through the Fair Share surtax. Faced with limits to available revenue to date, SWM makes some different choices.
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Despite Revenue Challenges, Fiscal Year 2025 House Budget Proposal Strives to Meet Current Needs
The House finalized its Fiscal Year 2025 (FY 2025) state budget proposal on Friday, April 26, adding about $100 million in spending over the HWM proposal. It seeks to address current needs and introduces some new practices while also leaving on the table some questions and missed opportunities.
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MassBudget’s Look at the Fiscal Year 2025 House Ways and Means Budget Proposal
The House Ways and Means (HWM) Committee released its proposed budget for the Fiscal Year (FY) 2025. The proposal reflects both an increase in anticipated collections from the Fair Share “millionaire” tax and flat growth in other tax collections this fiscal year. It supports growing investments in many areas while imposing cuts or failing to keep up with inflation in several others.
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Presentation: K-12 Funding Update for the Legislative Gateway Caucus
On March 27, 2024, Deputy Policy Director Colin Jones presented to the Legislative Gateway Caucus. He provided a briefing on K-12 funding and policy, including a spotlight on Lawrence, Mass.
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Presentation: Budget Update – Funding for Brockton Public Schools
On Feb 29, 2024, Deputy Policy Director Colin Jones presented to Brockton community members, sharing vital information on the state budget process and specific data looking at Brockton’s K-12 education funding.
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MassBudget’s Look at the Fiscal Year 2025 Governor’s Budget Proposal
The Governor’s Fiscal Year (FY) 2025 budget proposal supports important investments in our Commonwealth, especially through new Fair Share dollars. This is despite the fact that little additional tax revenue from traditional sources is available this year for the critical public investments that make our state more affordable and equitable and help all of us thrive.
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