Massachusetts Gov. Healey announces $62.8 billion budget plan
BOSTON, Mass. (WJAR) — Massachusetts Gov. Maura Healey revealed the $62.8 billion budget plan for Fiscal Year 2027 on Wednesday.
According to the governor's office, the proposed budget does not propose any new taxes or fees and represents a 1.1% growth from the estimated Fiscal Year 26 spending.
She also filed a Fair Share supplemental budget bill to spend $1.15 billion in surplus FY 25 surtax revenue on education and transportation, officials said.
“At a time when budgets across the country are tight, this proposal maximizes our resources to deliver on what matters most while controlling spending, protecting taxpayer dollars and driving economic growth," Healey said. "We’re lowering costs by continuing free school meals, no-cost community college, and expanding universal pre-K. We’re fixing our roads and bridges so you can get where you need to go faster and investing in our schools so that every child gets the best education possible. While President Trump is cutting federal funding and driving up costs, we’re focused on making a positive difference in people’s lives – and we’re doing it without any new taxes."
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According to state officials, Healey's proposal makes investments that will reduce the cost of housing, transportation, education, health care, and doing business in the state.
Healey said she is proposing new affordability initiatives, including the new Workforce Productivity Fund that will provide grants to small employers to fill workforce gaps.
Between the two budgets, the governor is proposing $3.6 billion for transportation, including $2.54 billion for the MBTA, officials said.
“We’re working every day to deliver the resources our communities need to run excellent schools, fix our roads and bridges, support our local businesses and make sure our residents are healthy,” said Lt. Gov. Kim Driscoll. “This is a balanced budget that ensures each dollar is spent efficiently, preserves critical services, and requires no new or increased taxes or fees.”
