News and Announcements

For Executive Office for Administration and Finance

Invests $473 million in capital authorization, extends and expands job-creating state tax credit to $150 million over five years

Incentives will create over 1,000 new life science jobs throughout Massachusetts, with a focus on small and medium sized companies

Incentives will create over 1,000 new life science jobs throughout Massachusetts, with a focus on small and medium sized companies

$2.34 billion plan will maintain and modernize existing assets and make targeted new investments, with an increased emphasis on climate change mitigation and adaptation

Grants fund technology improvements to help drive innovation and transformation, and enhance service at the local level

More than 3,000 students enrolled in Massachusetts K-12 schools after Hurricanes

Expanded programming and opportunities for communities to pursue job creation, attract private investment and prepare for long-term success

Chapter 90 funding will support municipal road and bridge repairs

Supplemental Budget to Allocate Funds for Women’s Health Care & Preventative Services Due to Federal Inaction

Funds will be used to test for lead and copper in school water fixtures throughout the Commonwealth

Budget bill provides supplemental local education aid

$40.9 billion budget invests in mental health services, substance misuse, local aid, education, workforce development, and deposits money into the Stabilization Fund

Projected state tax revenue growth set at 3.5%