Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, projected fiscal 2021 tax revenues will amount to $27.27 billion, about 3.9 billion - 12.5% less - than the commonwealth’s original benchmark set in January. It’s lower than the $6...

Overall, according to the Massachusetts Taxpayers Foundation, the federal government has given $15.8 billion in federal relief payments to Massachusetts individuals. Some of that money was taxable, like unemployment benefits. Other money, like...

Uncertainties with federal aid make it hard to pin down exactly how big the state’s budget hole is, Eileen McAnneny of the Massachusetts Taxpayers Foundation said. Should another federal relief package not materialize, McAnneny said “the revenue...

Massachusetts Taxpayers Foundation President Eileen McAnneny said she expected economic recovery to be “up-and-down and perhaps spotty” until the pandemic is controlled. She projected tax revenues would land at $27.27 billion this fiscal year, $3.9...

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, predicted a $3.9 billion drop in state tax revenues, which would increase without federal relief. "Even if there is a fiscal aid package, the proposed funding may be...

Massachusetts Taxpayers Foundation President Eileen McAnneny said it’s “good news” the state won’t have to dip into the stabilization fund. ...

The Massachusetts Taxpayers Foundation has estimated the system will see a $308 million deficit. ...

Aiello, the chair of the control board, said he was concerned about the high level of borrowing by the MBTA for capital projects, which shows up on the transit authority’s operating budget as debt service. “This is shooting up at a rate that is...

MTF President Eileen McAnneny testified last week at the Economic Roundtable convened by budget writers to help them determine the size of the revenue shortfall for FY2021. The state has been operating on an interim budget since the start of the...

MTF’s President Eileen McAnneny said, “while our revised tax revenue forecast has improved since MTF’s April projection, the improvement is due largely to unprecedented levels of federal financial assistance.  Numerous headwinds could slow the...