The Massachusetts Senate Committee on Ways and Means released the proposed Senate budget for Fiscal Year 2027 (FY27) on May 5, 2026 and the Senate began debate on the proposed budget on May 19, 2026. The Commonwealth’s FY27 budget runs from July 1, 2026 to June 30, 2027 and serves as an important legislative vehicle to fund state programs and services, local initiatives, as well as policy priorities.
The proposed Senate budget recommends a total of $63.3 billion in spending, a responsible increase of 3.5 per cent over last fiscal year’s General Appropriations Act (GAA). The bottom line represents a reduction of $66 million from the Governor’s proposed budget, more strategically aligning revenues to address current spending pressures.
The proposed FY27 Senate budget includes $2.7 billion in Fair Share spending for public education and transportation initiatives. This proposed budget does not raise any taxes on Massachusetts residents and would not spend any dollars from the state’s Stabilization Fund, also known as the ‘rainy day fund.’ The bill would continue to responsibly save for the future by placing a $51 million deposit into the state’s rainy day fund for a record balance of $8.2 billion by the end of next fiscal year.
Governor Healey released her proposed FY27 budget in January and the House of Representatives passed a proposed FY27 budget in late April. To view either of these proposals, visit the Massachusetts Budget Tracker.
Senate FY27 Budget Proposal Information (May 2026)
Full Senate Ways and Means FY27 Budget Proposal (S.4)
Senate Ways and Means FY27 Budget Proposal Executive Summary
Watch the Senate’s Budget Debate
Fact Sheet: Senate Proposed Budget
Helpful General Budget Links
Massachusetts Budget Tracker (View the budget proposals of the Governor and House of Representatives)
Governor Healey’s FY27 Budget Proposal Web Portal
Senator Friedman FY26 Budget Webpage