The state’s stabilization (or “rainy day”) fund is designed to buoy the state through tough economic times, and it has certainly been used in the recent recession. This post will examine the set-up of the fund, the recent history of its use, and its future in getting the state through the Great Recession. The stabilization …
Financial Outlook
Money Issues in 2009-2010
An outline of the financial issues that will be front and center throughout the coming legislative session.
Cutting the state budget
Observations about where Massachusetts stands in the crisis, how the state is responding, and how the cuts affects our local communities.
How “tight” is the FY2009 state budget?
According to most commentators, across the spectrum, the FY2009 budget is tighter than in most years.