Healey Files $56 Billion FY2025 Budget Covering Housing, Sheltering

Gov. Healey at Housing Assistance Corporation on Cape Cod.

HYANNIS – Governor Maura Healey has filed her FY25 budget recommendation, coming in at just over $56 billion dollars.

The plan includes improvements for education, infrastructure and housing, as well as funds to continue the MassReconnect program providing no-cost community college for students 25 and older. It’s new initiative Cape Cod Community College President John Cox says is a gamechanger for the local community and its older residents.

“Our Fiscal Year 2025 budget proposal is balanced, responsible and forward-looking. It protects taxpayer dollars while also making crucial investments to lower costs for people and improve quality of life,” said Governor Maura Healey in a statement.

“Together, we can make child care more affordable and accessible for families, ensure every student is receiving a high-quality education, and improve our public transportation, roads and bridges. We thank the Legislature for their consideration of our proposal and look forward to our partnership throughout the budget process.”

$1.3 billion of the plan utilizes revenue generated by the Fair Share surtax—also known as the “Millionaire Tax”—for both education and transportation, including steps towards universal Pre-K in Gateway Cities by 2026. 

It also maintains $475 million in Commonwealth Cares for Children (C3) grants, fully supports universal school meals, said Healey in the statement.

Healey also signed an executive order creating a new Transportation Funding Task Force that will examine the state’s transportation system and develop long term goals and recommendations for financing.

She also filed a supplemental budget to cover deficiencies in the emergency assistance shelter system for FY24 and exposures in FY25.

About Grady Culhane

Grady Culhane is a Cape Cod native from Eastham. He studied media communications at Cape Cod Community College and joined the CapeCod.com News Center in 2019. Host of Sunday Journal.



CapeCod.com
737 West Main Street
Hyannis, MA 02601
Contact Us | Advertise Terms of Use 
Employment and EEO | Privacy