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The Board of Education approved a fiscal 2024 budget amid warnings about the need for more state help to manage a gap of up to $700 million in fiscal 2026.
June 29 -
The plan includes a bump to public employee salaries and new spending on education.
June 22 -
The gap next year is up from the $18.2 million shortfall projected heading into the fiscal 2023 budget season but down from the $121.4 million projection in 2022 and the expected near-record $410 million hole that loomed in 2021.
June 21 -
The fiscal 2024 budget proposal leans on federal funds, better-than-expected tax collections, and a drawdown on reserves to bankroll a wide array of capital work and a boost to state employee salaries.
June 16 -
The bill includes provisions to reduce the state's CBT rate and shield some overseas profits from local taxes.
June 14 -
The Massachusetts Bay Transportation Authority's budget is focused on safety improvements after federal regulators pointed out deficiences.
June 9 -
The recent influx of migrants has stressed the city's social services system amid uncertainty about whether funding will come from state or federal government.
June 2 -
Included in the plan is a $545 million for a loan to the Puerto Rico Electric Power Authority and more money for the government's emergency reserve.
May 16 -
Although Hawaii lawmakers nixed his proposed tourist tax, Gov. Green points to positives.
May 8 -
While fiscal 2023 and 2024 budgets remain balanced, outyear gaps increase to $4.2 billion, $6.0 billion and $7.0 billion in fiscal 2025 through 2027, respectively.
April 28