Wednesday, August 7, 2013

MBPC: Analyzing the FY 2014 Budget



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Analyzing the FY 2014 Budget

The FY 2014 budget describes the state's spending plans - and its priorities - for the coming year.
Since all of the Governor's funding-related vetoes have been overridden, the final budget largely mirrors the proposal produced by the legislature. This includes:
  • State-wide investments to fix and repair our transportation system
  • Roughly $100 million in additional funding for higher education--which is still 25% lower than the funding level from 2001 (adjusted for inflation)
  • The first increase in general local aid for cities and towns in six years. Local aid funding, however, remains 46% below the 2001 level (adjusted for inflation)
Our final FY 2014 Budget Monitor shows how the budget affects programs in Health Care, Education, Transportation, Youth Employment, and beyond - including information on Revenue.
In addition, a new fact sheet, "Health Care in the FY 2014 Budget," provides a more detailed summary of the proposals for MassHealth (Medicaid) and other subsidized health coverage programs. It is part of a series of FY 2014 reports describing the effect of various budget proposals on Health Care programs in Massachusetts. The series is produced by the Massachusetts Budget and Policy Center in partnership with the Massachusetts Law Reform Institute - and published by the Massachusetts Medicaid Policy Institute (MMPI).
Read our BUDGET MONITOR
See all of our BUDGET RESOURCES

The Massachusetts Budget and Policy Center (MassBudget) produces policy research, analysis, and data-driven recommendations focused on improving the lives of low- and middle-income children and adults, strengthening our state's economy, and enhancing the quality of life in Massachusetts.


MASSACHUSETTS BUDGET AND POLICY CENTER
15 COURT SQUARE, SUITE 700
BOSTON, MA 02108

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