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Analyzing the State Budget for FY 2019

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Budget Monitor Conference Preview: Differences Between the Senate and House Budgets for FY 2019

The House and Senate Budgets reflect similar values: expanding access to education, helping working families to make ends meet (with an expansion of the Earned Income Tax Credit), and helping families to find housing. Both budgets are also constrained by limited revenue and are not able to make progress in a number of important areas including making higher education more affordable and significantly improving our transportation systems. The list below highlights several of the substantial differences between the House and Senate budgets, and the rest of this Monitor provides more detail on differences that the Legislature’s budget Conference Committee will have to reconcile.

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Analyzing the Senate Ways and Means Committee Budget for FY 2019

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Analyzing the House Budget for FY 2019

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Analyzing the House Ways and Means Committee Budget for FY 2019

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Analyzing the Governor’s Budget for FY 2019

The Governor’s Fiscal Year (FY) 2019 budget proposal level funds much of state government, includes some targeted initiatives – including an expanded earned income tax credit (EITC) and new services for people struggling with and recovering from mental illness – and proposes small reductions in funding, after accounting for inflation, for higher education and other areas.

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Funding Improvements for Schools, Roads, and Public Transit with Tax Reforms that Improve Fairness

A ballot question has been proposed that would support investments in education and transportation with revenue from an additional 4% tax on income over a million dollars a year. This factsheet examines this proposal and how it relates to longer term economic and policy trends in Massachusetts.

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A Preview of the Fiscal Year 2019 Budget

The Fiscal Year (FY) 2019 budget year could be the most eventful in decades, with major changes in federal policy looming and ballot questions that could reshape state tax policy likely to appear on the November ballot. This year’s budget will be written in a climate of uncertainty, and against a backdrop of ongoing fiscal challenges.

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The State Budget for FY 2018 Including Veto Overrides

This Budget Monitor describes the funding decisions in each major section of the state budget for Fiscal Year 2018. It includes the vetoes and overrides as well as supplementary funding since the Legislature’s budget. The document compares these current FY 2018 funding levels with final FY 2017 levels and, in some cases, historic funding.

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Analyzing the State Budget for FY 2018

At this point, the Fiscal Year 2018 (FY 2018) state budget looks a lot like the FY 2017 budget. After adjusting for inflation, the proposed spending amount falls below FY 2017 levels and we see essentially status-quo funding levels in each major category. One major area of the budget remains in limbo: MassHealth.

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