Senate Passes Fiscal Year 2019 Closeout Supplemental Budget of $779.8 Million

The Massachusetts State Senate passed a $779.8 million closeout supplemental budget for Fiscal Year 2019 today, after adding $8.9 million during floor debate. It also includes a transfer of $356 million to the state’s stabilization fund, thereby continuing to build the Commonwealth’s Rainy Day Fund and placing the state on firmer financial footing. At approximately $3.2 billion, the fund would reach its highest level to date.

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Sarah Blodgett