TAXES

It'll be May at the end of the week. Massachusetts lawmakers are aiming to have a balanced budget process complete and signed by the Governor before the end of the fiscal year, June 30th.

A look at how lawmakers frame their funding, as Mass. plans for a $3-billion higher education infrastructure upgrade. At the same time towns are hitting tax limits, and rejecting override votes to raise taxes.

Mass. Senate advances a $1.8B supplemental budget splitting surtax funds differently than the House, with less for the MBTA and more for regional aid. Lawmakers brace for clashes ahead of negotiations.

House Speaker Ron Mariano expects voters to pass an income tax cut this year. He warns that if it passes, the state may have to hike other taxes or slash spending.

Massachusetts Governor Maura Healey’s budget boosts spending 3.8% over last year, even as tax revenue growth slows to 2.9%, federal aid is uncertain, and reserves have already been tapped.

In her proposed budget released last week, the Mass. governor included a multi million-dollar "down payment" that will staff up and investing in infrastructure that could be used to kick thousands of residents off Medicaid programs like MassHealth, next year.

Progressive plaintiffs say Massachusetts Attorney General Andrea Campbell's 'unfairly incomplete' summary should disqualify income tax reduction bid.

A proposal to tax recreation in the Franklin County town of Charlemont will be heard this week on Beacon Hill.

Lawmakers will peer into the future and guess how much tax revenue Massachusetts can reliably count on to support state spending beginning six months from now and running through June 2027.

BU Professor of finance Mark Williams says Massachusetts needs to adopt some longer-term strategies to soften the impact of Trump Administration funding cuts.