BOSTON—State Senator Jason Lewis joined his colleagues in the Massachusetts Senate to approve a $63.4 billion state budget for Fiscal Year 2027 (FY27) to continue supporting Massachusetts residents and investing in the state’s future.
The Senate’s budget proposal safeguards the state’s financial health, protects the state’s most vulnerable residents, and makes investments that reinforce the Commonwealth’s economic vitality, all while not raising taxes or fees on residents. It was passed with bipartisan support and includes major investments to support municipalities, public education, housing, healthcare, transportation, and more.
“Especially during a time when residents are feeling the strain of rising costs, I’m proud that this budget will deliver critical resources for our public schools and communities, and will make our state more affordable for working families with significant investments in childcare, housing, food security, and healthcare,” said Senator Jason Lewis. “I want to thank all the advocates and constituents who shared their priorities and helpful feedback with me throughout the budget process.”
Key fiscal highlights of the Senate’s FY27 budget include:
Key policy highlights of the Senate’s FY27 budget include:
The Senate’s budget includes a projected $2.7 billion in revenue from the Fair Share Amendment, a 4% surtax on annual household income above $1 million approved by voters in 2022 for education and transportation investments.
Along with a $1.4 billion Fair Share supplemental budget passed by the Senate in April, the Senate is directing over $4 billion to provide universal free school meals for all K-12 students; increase K-12 school funding through the Student Opportunity Act; increase access to affordable, high-quality early education and childcare; expand investment in the MBTA; provide additional funds to maintain local roads; and more.
Senator Lewis was also successful in securing $500,000 to fund a variety of local projects in his communities including park improvements, housing security, and more, and $1 million to support farm-to-school food grants and food system literacy programming in public elementary and secondary schools and early education programs.
The full FY27 Senate budget is available on the Massachusetts legislature’s website. A conference committee will now be appointed to reconcile differences between the versions of the budget passed by the Senate and House of Representatives, before being sent to Governor Healey for her signature.
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