Analysis of state spending trends by major category.
Taxes, fees, lottery profits and grants from the federal government comprise the bulk of the available revenue for budgeting.
In the annual budget of the Commonwealth, the legislature provides for the primary governmental activities of the Commonwealth, the legislative, executive and judiciary branches.
In Massachusetts, in addition to the three constitutional branches of state government — legislative, executive and judiciary — the legislature has established 56 independent authorities and agencies. These authorities and agencies have varying degrees of financial integration with the Commonwealth of Massachusetts itself.
Link to collection of Belmont Town Financial Documents.