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Making sense of the state budget, taxes, and the Governor’s FY22 proposal

MassBudget welcomed our new and returning Massachusetts legislators and their staff with an overview of the state budget and taxes, as well as a briefing on the Governor’s FY 2022 budget proposal. Re-watch the briefing here.

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Governor’s FY 2022 Proposal: Short-Sighted Recovery Budget Leaves Opportunity to Chance for K-12, Transportation & More

Statement by Marie-Frances Rivera, MassBudget President, on Governor Baker’s Fiscal Year (FY) 2022 Proposal filed Wednesday, January 27, 2021.

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How will the state government pave our way to an equitable recovery? What to watch this FY 2022 budget season.

1. How will the state generate enough revenue to meet everyone’s needs? Before state lawmakers even begin creating a budget, they need to determine how …

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ALL BUDGET RESOURCES REPORTS

Senate final budget makes some progress with limited new revenues for FY 2020

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House final budget proposes modest investments, no significant new revenue for FY 2020

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Testimony to the Joint Committee on Revenue on the Need to Invest in Education and Transportation

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Where Do Our Budget Numbers Come From?

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Analyzing the Governor’s Budget for FY 2020

The Governor’s Fiscal Year (FY) 2020 budget proposal provides modest increases in funding for public education, human services, and several other important investments. This new funding does not, in many cases, reverse deep cuts imposed across the state budget after the tax cuts of the late 1990s and early 2000s — despite a decade of expansion in the economy. Lost revenue from tax cuts has limited the Commonwealth’s ability to adequately fund education, infrastructure, and other building blocks of healthy communities and a strong economy.

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Five Things to Look for in the FY 2020 Budget

Anyone who has set foot in a public school, driven on a road, or gone to a public park has been touched by the state budget. What we fund in our state budget reflects what we deem important.

None of these essential services would be possible without the revenue to pay for it. Further, it is important to consider whether the state is raising revenue fairly.

As the Fiscal Year (FY) 2020 budget debates kick off this week, here are five questions to consider.

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14 Options for Raising Progressive Revenue

How to collect enough revenue to pay for the things we accomplish together as a Commonwealth and how to collect that revenue fairly are questions that every community and every state need to examine. This paper describes 14 ways the Commonwealth could generate substantial new revenue in a manner that makes our tax system more progressive and would not require changing the state constitution.

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Analyzing the State Budget for FY 2019

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