Touting the party as “in the strongest position we’ve seen in years,” MassGOP officials on Monday announced major fundraising success and plans to return operations to their former Boston headquarters.
Massachusetts businesses kicked off the new year with a sunny disposition, with business confidence among employers surveyed by Associated Industries of Massachusetts rising to an 11-month high in January.
Gov. Maura Healey is still waiting for the legislature to act on her big housing bill, but she paused Monday to swear in two panels of developers, municipal leaders and advocates Monday, charged with charting more housing production reforms.
Months after a coalition of regional business chambers warned Beacon Hill politicians to rein in spending, Gov. Maura Healey pitched her new state budget recommendation to members of the state’s business community on Thursday as “balanced” and “responsible.”
Gov. Maura Healey’s push to increase state support for the MBTA could help the agency navigate the year ahead, but it would not be enough to solve a projected budget gap, officials said Thursday.
In the second year of spending from a new revenue source tied to the state’s highest earners, Gov. Maura Healey plans to allocate the growing pot of money on MBTA fare relief for low-income individuals and leveraging funds to make capital repairs across the state’s higher education institutions.
Boston’s limited number of hotel rooms makes the city one of the country’s most expensive convention destinations, state officials were told last week. That information could weigh on an in-limbo process to redevelop parking lots near the city’s biggest convention center.
Potentially teeing up a new round of debate about how the state funds public transit, MBTA officials on Friday rolled out a dire financial forecast that projects a sizable operating budget shortfall this year and a nearly $1 billion chasm within five years.
Facing a budget squeeze and billion-dollar-a-year shelter crisis, Gov. Maura Healey on Wednesday night plans to highlight milestones from her first year in office and outline features of her economic development bill that her team is developing.
Reports of smoke at the Downtown Crossing station triggered massive disruptions to the MBTA’s core subway system, shutting down more than a dozen stops on a day when the morning commute was already snarled by winter weather.
A hiring blitz during Gov. Maura Healey’s first year in office boosted the MBTA’s headcount by more than 10 percent as the agency works to fill gaps its ranks that drove safety, maintenance and reliability problems for years.
Continuing to fund a record level of emergency shelter services “becomes harder and harder to support” while tax collections lag expectations, the top House Democrat said Wednesday while suggesting he’s out of the loop on the governor’s spending plans.
Associated Industries of Massachusetts cited “strong signals” of more moderate inflation, and Federal Reserve Chair Jerome Powell’s suggestion last month that interest rate increases appear to be over for now and that there may be rate reductions in 2024.
The revenue underpinnings supporting Gov. Maura Healey’s first annual budget began to erode before she signed the $56 billion spending plan last summer, and it’s forcing the new governor to reevaluate what’s affordable.
After years of deliberations, negotiations and regulatory rollout – and some well-publicized “agita” in the corner office – a septet of Massachusetts cities and towns can now significantly limit the use of fossil fuels in building projects.
Lawmakers are on the eve of kicking off the traditionally busier second year of their two-year session, and the top House Democrat suggested a need for “fiscal prudence” that could color debate on a host of policy priorities during this election year.
Healey’s bill, which she filed Oct. 18, proposes about $4.1 billion of borrowing over five years to invest in public housing capital improvements, converting state land to plots ready for housing, and constructing much-needed new units.
Construction costs have escalated so quickly over the last two fiscal years that the purchasing power of the state’s capital investment plan has been “significantly eroded,” a panel of state finance experts said as it recommended the largest increase in borrowing for capital spending in at least a decade.
