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State tax collections fall short of projections for 6th consecutive month

Halfway through fiscal year 2024, the state has now brought in $769 million or 4.1 percent less than the projections used to craft an annual budget featuring steep spending increases.

Senate budget chief hesitant to support Healey’s plan to plug shelter funding gap

Senate budget chief Michael Rodrigues didn't jump on board Wednesday with Gov. Maura Healey's proposal to drain $700 million in one-time funds to cover expenses related to the state's overflowing emergency shelter system.

Shrewsbury apartment project receives $49M in MassHousing financing, low-income tax credits

MassHousing will provide approximately $21 million in financing to support the development of The Pointe at Hill Farms, a new 93-unit apartment complex in Shrewsbury

First Vineyard Wind turbine begins to provide power

After years of fits and starts, energy generated by offshore wind was delivered onto the grid that...
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Community organizations baffled by delay in state funding

While the Legislature voted in October to restore millions of dollars that Gov. Maura Healey vetoed, leaders of four organizations say the funds have yet to start flowing or be committed through contracts with the state.

Vineyard wind farm still not creating power, one turbine operational

The calendar flipped to 2024 on Monday, but Massachusetts still has not gotten any power from the Vineyard Wind 1 offshore wind farm, the second time the project has failed to meet the "first power" target set by top officials.

State committee suggests ramping up of borrowing

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 this month.

USDA data shows Mass. food insecurity up nearly 50% since 2021

Between 2021 and 2023, the number of Massachusetts residents living in food insecure households increased by close to 50 percent, according to data from the U.S. Department of Agriculture.
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Central Mass. gas prices drop further despite holiday travel, Middle East tensions

The average price for a gallon of unleaded regular gasoline on Thursday in Worcester sits at $3.19, lower than the statewide average of $3.23 and lower than this time last year, where the price in Worcester stood at $3.37.

Credit analyst gives state AA+ rating ahead of bond sale

A leading credit evaluation agency shared some of its view of Massachusetts's financial picture this week as it blessed early 2024 bond sales with its second-highest rating.
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