State Budget
The state’s budget is a $60 billion+ opportunity, each year, to recommit to our shared values. MassBudget provides analysis and insights into how we can use the state budget as a tool to advance racial and economic justice in every corner of the Commonwealth.
Budget Browser
State Budget 101
Fiscal Year 2026
General Appropriations Act
MassBudget’s Analysis of the FY 2026 General Appropriations Act
The state budget Governor Maura Healey signed on July 4th for Fiscal Year (FY) 2026 reflects both caution in the face of federal funding threats and the new possibilities for investment in education and transportation made viable by surging revenue from the Fair Share surtax.
Conference Committee
Preliminary Analysis: FY 2026 Conference Committee Budget Proposal
The Conference Committee’s Fiscal Year 2026 budget proposal, released Sunday, June 29, allocates over $61 billion in spending for the Commonwealth. MassBudget shares our preliminary analysis of the proposal.
MassBudget’s Statement on the FY 2026 Conference Budget
On Sunday, June 29th, the Conference Committee released their proposed budget for Fiscal Year (FY) 2026, outlining a plan to spend over $61 billion for the upcoming fiscal year beginning July 1.
Comparative Analysis of the House & Senate Budget Proposals: Opportunities for the Conference Committee to Promote Equity and Uplift Communities
MassBudget examines differences between the House's and the Senate’s FY 2026 budget proposals in specific policy areas and provides recommendations on what the Conference Committee should include for priority items.
Senate Budget Proposal
Preliminary Analysis: FY 2026 Senate Ways and Means Budget Proposal
The Senate Ways and Means Committee's FY 2026 budget proposal, released Tuesday, May 6, allocates over $61.3 billion in spending for the Commonwealth. This is MassBudget's first dive into the details.
MassBudget’s Statement on the FY 2026 Senate Ways and Means Budget Proposal
Coming after the House finalized their budget proposal the week prior, the Senate Ways and Means (SWM) Committee released their proposal, outlining a plan to spend over $61.3 billion for the upcoming fiscal year beginning July 1.
House Budget Proposal
MassBudget’s Analysis of the FY 2026 House Budget Proposal
The House budget recommendation for FY 2026 outlines $61.5 billion in spending (before accounting for pre-budget spending and adjustments). With federal budget cuts looming, Fair Share revenues continue to advance education and transportation.
Preliminary Analysis: FY 2026 House Ways and Means Budget Proposal
The House Ways and Means Committee's FY 2026 budget proposal, released Wednesday, April 16th, allocates $61.4 billion in spending for the Commonwealth. This is MassBudget's first dive into the details.
MassBudget’s Statement on the FY 2026 House Ways and Means Budget Proposal
The HWM FY 2026 budget proposal illustrates the importance of the Fair Share surtax which allows for continued and increased investment in essential areas of education and transportation. It also highlights the need for additional revenue to support our state's most vulnerable residents.
Governor's Budget Proposal
MassBudget’s Analysis of Governor Healey’s FY 2026 Budget Proposal
In this analysis, you will find an assessment of Fiscal Year 2026 projected revenue, tax credits, and the Governor’s expenditure proposals in early childhood and care, education, transportation, and housing.
MassBudget Reacts to the Governor’s FY 2026 Budget and FY 2025 Supplemental Proposal
Today, Governor Maura Healey released her proposed budget for Fiscal Year 2026. We are encouraged to see critical investments supported by those who can most afford it, but there is still more to do to meet the needs of families in crisis.
Fiscal Year 2025 Highlights
MassBudget Applauds Legislature Using Fair Share as Intended
The Commonwealth can celebrate that two years after Massachusetts voters passed the Fair Share amendment, it is working as promised. MassBudget applauds the Legislature for upholding their commitment to the voters.
2025 Massachusetts Budget Showcases Accomplishments of Fair Share Amendment
As the budget making process for the current fiscal year finishes, Massachusetts would be in a very different place if voters hadn’t approved the Fair Share Amendment in late 2022 to support education and transportation.
