State Budget

Information regarding the state budget

The Commonwealth of Massachusetts’ budget allocates state resources for the operations of state government and for cities and towns. Massachusetts’ fiscal year begins on July 1st and ends on the following June 30th.  A budget passed into law during this calendar year appropriates funds for the upcoming fiscal year.

Fiscal Year 2017 Budget

Last July, the Governor signed the FY17 budget into law. which passed a $39.1 billion spending plan for fiscal year 2017 aimed at making investments in education and creating jobs in the Commonwealth. As well as making changes to MBTA oversight, expands a tax credit for low income working families, and invests in local aid and substance abuse treatment. View the final FY 17 budget. Below are some helpful links to assist you in understanding and tracking the state budget.   Please visit the "Legislation Information" section to view budgetary accomplishments in the Legislature.