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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 ...
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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 ...
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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 ...
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ALL BUDGET RESOURCES REPORTS
Testimony in Support of S.2554 on Utilizing the Stabilization Fund
Written testimony by Interim President Phineas Baxandall in support of “An Act to Provide for competitiveness and Infrastructure investment in Massachusetts” (S.2554).
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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 ...
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State Budget Cuts Impact Lowest-Income Children
When state budget shortfalls hit, we should not balance the budget on the backs of kids living in Deep Poverty.
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How Much Would a Transfer Fee on Expensive Real Estate Generate for Your City or Town?
An interactive dashboard that provides data for each of Massachusetts' 351 cities and towns on how much revenue a community could raise by collecting an ...
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How Much Will Each District Benefit from the New Child & Dependent Tax Credit?
The proposed Child and Family Tax Credit would help families by providing a refundable credit each year for each child under 13 and dependent adults ...
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Who Benefits from the New Tax Package?
The new tax package is the largest set of tax changes the Commonwealth has seen in some 15 years and will cost the Commonwealth over ...
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Fair Share Advances Racial Equity Through New Budget Investments
The first year of investments made with Fair Share dollars demonstrate how the new surtax creates opportunities to mitigate the ongoing harms of structural racism ...
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Statement on Governor’s Proposal to Leverage Stabilization Funds to Secure Federal Grants
Statement by Massachusetts Budget and Policy Center Interim President Phineas Baxandall in response to today’s proposal by Governor Maura Healey to utilize interest from the ...
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MassBudget Statement on the 2023 Tax Relief Package
Today, the conference committee presented the biggest package of tax changes in 15 years. We commend them for taking important steps to improve affordability for ...
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Three Funds, One Purpose: Implementing Fair Share
The Fiscal Year 2024 budget is the first state budget to include money raised from the Fair Share Amendment, making important investments in education and ...
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Your Fair Share Dollars at Work: Critical Investments and Hard Choices
The Fair Share Amendment is doing what voters wanted it to do: making new, important investments in our Commonwealth and making our tax system more ...
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Statement by MassBudget on the FY2024 Budget
Today the legislature passed a budget bill for Fiscal Year 2024. The $56.26 billion budget now goes to Governor Healey. Enabled by new revenue from ...
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Final Tax Package Can Improve Tax Fairness & Help Build Toward Shared Prosperity
Currently, a conference committee is working on a compromise tax package between the House's and Senate's proposals. The fairest tax package would be one that ...
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State-Level Child Tax Credits are Having a Moment in the Sun: Will Massachusetts Families be Left in the Dark?
The Massachusetts legislature is considering creating the Child and Family Tax Credit (CFTC), a refundable tax credit for families with children and adult dependents. It ...
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UPDATED: High-Income Households Are Not Fleeing Massachusetts
Massachusetts has a lower rate of outmigration among high-income households than among other households. This is true both in the most recent year for which ...
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