Tag Archive for: declines

Pioneer Statement on Continuing Slide in Massachusetts’ Revenue

The Commonwealth’s tax collections continue to slide, totaling $3.594 billion in January, $268 million below what the state collected in January 2023, and short of the revised benchmark by $263 million. Massachusetts state government must live within its means by reducing FY2025 spending. The days of fiscal surpluses, unprecedented increases in year-over-year spending, and flowing federal aid have come to an end.

Study Finds COVID Led to Significant Declines in Massachusetts School Enrollments

After a decade of relative stability, COVID has wreaked havoc with Massachusetts public school enrollments, and the U.S. Department of Education projects more declines by 2030, according to a new study published by Pioneer Institute. The figures should serve as a warning to vulnerable districts that they must be prepared for the financial, staffing, and facilities impacts that may accompany substantial drops in public school enrollments.