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MASSACHUSETTS

Massachusetts

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  • Background
  • Issues
  • Solutions
  • Pensions
  • Commentary
    • Headlines : Illinois, California, Kentucky, Massachusetts , Michigan, New Jersey, New York, Missouri, Maryland, Pennsylvania, Oklahoma, South Carolina, West Virginia

      Williams Report - June 16, 2016

      State Budget Solutions | by Bob Williams | June 16, 2016

      A rare win for NJ taxpayers; MD pays more than $320M in pension fund management fees -- for a 0.12% return; More headlines...

    • Headlines : California, Delaware, Illinois, Michigan, Ohio, Oklahoma, Pennsylvania, Wyoming, Louisiana, Massachusetts , New Jersey, New York

      Williams Report - June 9, 2016

      State Budget Solutions | by Bob Williams | June 9, 2016

      Illinois Budget Battle Rages On; Dueling Visions of Pension Reform in the Garden State; More...

    • Headlines : Alaska, California, Connecticut, Delaware, Illinois, Massachusetts , Oklahoma, Pennsylvania, South Carolina, West Virginia, Kentucky, New Jersey, Wyoming

      Williams Report - June 1, 2016

      State Budget Solutions | by Bob Williams | June 1, 2016

      Another Chicago Downgrade; Illinois Budget Storm Continues; More...

    • Headlines : Illinois, Kansas, Massachusetts , New Jersey, North Carolina , Oklahoma, Pennsylvania, Virginia, West Virginia, Arizona, California, Michigan

      Williams Report - May 25, 2016

      State Budget Solutions | by Bob Williams | May 25, 2016

      Pension Reform Wins Big in Arizona; Major Kudos to Senator Debbie Lasko!

    • Headlines : California, Connecticut, Illinois, Massachusetts , New York, Oklahoma, Pennsylvania, West Virginia, Michigan, Arizona, New Jersey, North Carolina , Wisconsin

      Williams Report - May 18, 2016

      State Budget Solutions | by Bob Williams | May 18, 2016

      US state, local pensions funded at half levels of other countries...

    • Budget timeline: Annual

      Fiscal Year starts: July 1
       

      The current state budget can be found here.

      Find the legislative session calendar here.

      Find the current legislative leaders here.

       

      MA Gov. Patrick

      Gov. Deval Patrick
      Office of Governor Deval Patrick
      State House
      Room 360
      Boston, MA 02133
      Phone: (617) 725-4000
      Fax: (617) 727-9725

       

       

      Glen Shor, Secretary
      Executive Office for Administration and Finance
      Room 272, State House
      Boston, MA 02133
      Phone (617) 727-2081
      Fax (617) 727-2050
      http://www.mass.gov/eoaf

       

      Want a more robust, long-term look at your state's fiscal health, beyond the budget? There are two parts: Click here for the FY2012 Comprehensive Annual Financial Report (CAFR) compiled by the state government, and click here for information on the state's pension liabilities

       

      Massachusetts is required to pass a "balanced budget." Article 63, Section 2 of the 1780 Constitution addresses the need for the governor to set forth all expenditures and all revenues and other means "by which such expenditures shall be defrayed." More importantly, Chapter 29, Section 6E of the State law requires the governor to submit, and the general assembly to pass, a general appropriations bill which constitutes a balanced budget. If a deficiency in revenue exists, Chapter 29, Section 9C requires the governor to reduce spending or propose ways to generate additional revenue. Massachusetts law does not forbid the carrying over of a deficit from one year to the next.

       

      The State maintained four major funds for FY07: General Fund, Highway Fund, Lotteries Fund, and Massachusetts School Building Authority. For FY06 and FY05, the State maintained several additional major funds. Each year, the State's CAFR includes a single Budgetary Comparison Schedule with no specific title, simply named Budgeted Funds. [from the Institute for Truth in Accounting]

       

      Find the state's bond ratings here.

       

       

      Pioner Inst. Logo


    • Solutions

      How Reality-Based Budgeting Can Permanently Resolve State Budget Gaps

      State Budget Solutions | by Bob Williams | November 7, 2012

      State Budget Solutions recommends that state legislators take action in 2013 to resolve the serious state financial crises by changing their focus from inputs to outcomes by redesigning budgets from the ground up based on priorities and performance.

    • Solutions

      How to Prevent Future Pension Crises

      by Cory Eucalitto | November 1, 2012

      The time for state and local governments to offer defined contribution retirement plans that protect both taxpayer dollars and public employee retirement security is now.

    • Solutions

      State Lawmakerís Guide to Evaluating Medicaid Expansion Projections

      The Heritage Foundation | by Edmund F. Haislmaier and Drew Gonshorowski | October 17, 2012

      Supporters of Obamacare claim that expanding Medicaid will entail little to no cost to state governments, since the federal government will fund the vast majority of the additional costs. Indeed, some analyses project states achieving savings from adopting the expansion. However, state lawmakers should be wary of accepting such analyses at face value.

    • Solutions

      Medicaid Is BrokenóLet the States Fix It

      The Wall Street Journal | by Paul Howard and Russell Sykes | October 15, 2012

      Block-granting Medicaid is the best way to deliver better, cost-effective care to the most vulnerable Americans.

    • Solutions

      The Case for Reform: Prisons

      Right on Crime | August 1, 2012

      Prisons are supremely important, but they are also a supremely expensive government program, and thus prison systems must be held to the highest standards of accountability.

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      Williams Report - February 3, 2016

      State Budget Solutions | by Bob Williams | February 3, 2016

      State Budget and Pension News from Statehouses Around the Country

    • Alaska, Arizona, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, New Jersey, New York, Pennsylvania, California, Massachusetts

      Williams Report - January 20, 2016

      State Budget Solutions | by Bob Williams | January 20, 2016

      State Pension Funds: As Broke As Ever; Illinois, Pennsylvania Budget Stalemates Continue; More Headlines from Statehouses Nationwide

    • Alaska, California, Colorado, Connecticut, Delaware, Florida, Illinois, Hawaii, Iowa, Louisiana, North Carolina , Pennsylvania, Vermont, West Virginia, Massachusetts , New York

      Williams Report - November 17, 2015

      State Budget Solutions | by Bob Williams | November 17, 2015

      Join us on Twitter by following @StateBudgets and tweeting with the hashtag #SBSbob. 

    • Alabama, Alaska, Arizona, California, Colorado, Delaware, Florida, Illinois, Louisiana, Maryland, New Jersey, New York, Oklahoma, Pennsylvania, Utah, Rhode Island, Massachusetts

      Williams Report - September 29, 2015

      State Budget Solutions | by Bob Williams | September 29, 2015

      Join us on Twitter by following @StateBudgets and tweeting with the hashtag #SBSbob.

    • Alabama, Illinois, Kansas, Massachusetts , New Hampshire , Ohio, Pennsylvania, California, Michigan, New Jersey, Missouri, Kentucky, North Carolina , Oregon, Rhode Island, Texas

      Williams Report - August 4, 2015

      State Budget Solutions | by Bob Williams | August 4, 2015

      Join us on Twitter today by following @StateBudgets and tweeting with the hashtag #SBSBob.

    • Headlines : Illinois, California, Kentucky, Massachusetts , Michigan, New Jersey, New York, Missouri, Maryland, Pennsylvania, Oklahoma, South Carolina, West Virginia

      Williams Report - June 16, 2016

      State Budget Solutions | by Bob Williams | June 16, 2016

      A rare win for NJ taxpayers; MD pays more than $320M in pension fund management fees -- for a 0.12% return; More headlines...

    • Headlines : California, Delaware, Illinois, Michigan, Ohio, Oklahoma, Pennsylvania, Wyoming, Louisiana, Massachusetts , New Jersey, New York

      Williams Report - June 9, 2016

      State Budget Solutions | by Bob Williams | June 9, 2016

      Illinois Budget Battle Rages On; Dueling Visions of Pension Reform in the Garden State; More...

    • Headlines : Alaska, California, Connecticut, Delaware, Illinois, Massachusetts , Oklahoma, Pennsylvania, South Carolina, West Virginia, Kentucky, New Jersey, Wyoming

      Williams Report - June 1, 2016

      State Budget Solutions | by Bob Williams | June 1, 2016

      Another Chicago Downgrade; Illinois Budget Storm Continues; More...

    • Headlines : Illinois, Kansas, Massachusetts , New Jersey, North Carolina , Oklahoma, Pennsylvania, Virginia, West Virginia, Arizona, California, Michigan

      Williams Report - May 25, 2016

      State Budget Solutions | by Bob Williams | May 25, 2016

      Pension Reform Wins Big in Arizona; Major Kudos to Senator Debbie Lasko!

    • Headlines : California, Connecticut, Illinois, Massachusetts , New York, Oklahoma, Pennsylvania, West Virginia, Michigan, Arizona, New Jersey, North Carolina , Wisconsin

      Williams Report - May 18, 2016

      State Budget Solutions | by Bob Williams | May 18, 2016

      US state, local pensions funded at half levels of other countries...

    • Headlines : Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Hawaii, Kansas, Massachusetts , Michigan, Missouri, Oklahoma, Pennsylvania, South Carolina, West Virginia, Illinois, Kentucky, New Jersey, New York

      Williams Report - May 11, 2016

      State Budget Solutions | May 11, 2016

      Financial reality is not negotiable. 

    • Headlines : Alaska, Arizona, California, Connecticut, Georgia, Kansas, Kentucky, Massachusetts , Mississippi, Washington, New Jersey, Pennsylvania

      Williams Report - May 4, 2016

      State Budget Solutions | by Bob Williams | May 4, 2016

      Hidden debt, hidden deficits: How pension promises are consuming state and local budgets

    • Headlines : Arizona, Connecticut, Illinois, Kansas, Massachusetts , Mississippi, North Carolina , Texas, West Virginia, California, Florida, Kentucky, New Jersey, Rhode Island, South Carolina

      Williams Report - April 27, 2016

      State Budget Solutions | by Bob Williams | April 27, 2016

      Pension funds review tobacco divestment; Puerto Rico kicks a useless can; More...

    • Headlines : Connecticut, Illinois, Kentucky, Louisiana, Massachusetts , Mississippi, New Jersey, Texas, Alabama, California, Pennsylvania

      Williams Report - April 20, 2016

      State Budget Solutions | by Bob Williams | April 20, 2016

      Rich States, Poor States: Will your state's economy do well in 2016? 

    • Headlines : Alaska, Colorado, Kansas, Kentucky, Louisiana, Maryland, Massachusetts , Michigan, Nebraska, New York, Pennsylvania, Tennessee, Vermont, Washington, California, Illinois, New Jersey

      Williams Report - March 30, 2016

      State Budget Solutions | by Bob Williams | March 30, 2016

      Illinois, New Jersey Downgraded Again