Revenue generated from the state surtax on wealthier households was up more than 13 percent last budget year, totaling more than $3.38 billion, the Department of Revenue reported this week.
budget
Posted inState Government
Healey signs $63.4 billion budget with no vetoes
With election season heating up, the governor did not make any vetoes to the package, according to a Healey spokesperson.
Posted inState Government
Lawmakers send Healey $63.4 billion annual budget bill
The compromise features an increase of $2.37 billion or 3.9 percent over the budget Healey signed last July and roughly $54.3 million larger than the fiscal year 2027 budget she proposed in January.
Posted inCourts
Healey budget boosts court funding after year of uncertainty
Judicial leaders last spring expressed pointed concern that operations and administrative costs in the Trial Courts could force the courts to trim hundreds of positions without a funding increase from the state.
Posted inOpinion
Gov. Healey’s budget plan is spending Massachusetts into a corner
Tax revenues are slowing, costs are rising, and the Healey administration continues to grow state government as if the bill will never come due.
Posted inGovernment
DTA: Some food aid recipients will see benefits drop to ‘zero’
“I’m trying to do the best I can to manage the situation,” Healey said. She added, “No state can come forward and replace what the federal government has taken away.”
Posted inState Government
‘Serious questions’ prompt lawmakers to hit the brakes on funding for sheriffs
At a time of intense scrutiny on sheriffs’ offices, the Legislature moved to withhold more than $130 million Gov. Maura Healey proposed for the county law enforcement offices, in the process handing a new talking point to her GOP challengers for the corner office.
Posted inState Government
Transportation gets upper hand in $1.3 billion spending accord
The chasm in surtax surplus spending was one half of a broader disagreement between the House and Senate on the scope of state aid to the MBTA.
Posted inState Government
Healey budget leans on surtax to drive up spending
Gov. Maura Healey proposed increasing state spending to more than $62 billion next fiscal year, relying on burgeoning income tax collections from the state’s wealthiest and a slew of other budget-balancing strategies in a spending plan unveiled Wednesday.
Posted inState Government
Amid budget uncertainty, Healey hits breaks on hiring
With some exceptions, all new Executive Branch hiring between April 3 and June 30 will need to be approved by the Executive Office of Administration and Finance based on time-sensitivity and the importance of positions, the office said.
Posted inState Government
Tax revenues kept sliding in January
Revenue Department officials said revenues in January came in 6.8 percent, or $263 million, below what had been forecasted for the month. For the first seven months of the fiscal year, revenues were 1.2 percent off forecasted levels.
Posted inState Government
House, Senate leaders tapping brakes on spending growth
Senate budget chief Michael Rodrigues of Westport was noncommittal when asked about Gov. Maura Healey’s plan to drain $700 million in surplus revenue funds to cover rising expenses this year and next year associated with the state’s emergency shelter system.
Posted inState Government
Final budget deal boosts revenue by $2.66 billion
LEGISLATIVE BUDGET writers vastly increased their estimate of how much tax revenue the state will get next year in order to fund the priorities of both the House and Senate […]
Posted inUncategorized
House spending plan prioritizes investments, ignores tax relief
HOUSE LEADERS ON Wednesday laid out a budget proposal that would spend significantly more than Gov. Charlie Baker proposed, swapping out Baker’s tax cut plan in favor of more investments […]
Posted inThe Download
House not looking to budget for tax reform
THE CENTERPIECE OF Gov. Charlie Baker’s budget proposal in January was a bill to give Massachusetts taxpayers $700 million in tax breaks – with breaks for seniors, renters, low-income taxpayers, […]
Posted inUncategorized
House not looking to budget for tax reform
THE CENTERPIECE OF Gov. Charlie Baker’s budget proposal in January was a bill to give Massachusetts taxpayers $700 million in tax breaks – with breaks for seniors, renters, low-income taxpayers, […]
Posted inUncategorized
Walsh, council in budget showdown
THE BOSTON CITY COUNCIL and Mayor Marty Walsh are in a high-stakes budget standoff fueled by the pandemic, policing issues, and political positioning a year ahead of a mayoral election. […]
Posted inPolitics
Baker tries to nudge House and Senate toward agreement
GOV. CHARLIE BAKER has seen House Speaker Robert DeLeo’s offer of a barebones closeout budget deal to break a logjam on Beacon Hill and, like any confident poker player, raised […]
Posted inPolitics
DeLeo and Spilka on different pages
THE HOUSE AND Senate are circulating proposals for a compromise on an overdue spending bill, and the one idea that has had a public airing would leave out a $50 […]
Posted inPolitics
Lawmakers botch budget bill negotiations
BY FAILING TO reach agreement on a major spending bill before the winter break, legislative leaders have squandered much of their control over what goes into it, and they have […]
Posted inEducation
Late budget means late financial aid at UMass
THE LATE STATE budget has created downstream delays for the University of Massachusetts, postponing a tuition hike, which is expected to be 2.5 percent, and the delivery of financial aid […]
Posted inUncategorized
DeLeo: There will be no budget filed Tuesday
THERE WILL BE no budget agreement filed Tuesday, two days into fiscal 2020, but House and Senate negotiators haven’t reached an impasse and are trading proposals back and forth, according […]
Posted inPolitics
Senate trying to limit policy proposals in budget
THIS YEAR THE annual spending bill may be just that. While the budget process is only about halfway through, the leadership of both legislative branches appears determined to focus on […]
