Budget breakdown for the Bay State

Here’s a by the numbers breakdown of how Gov. Healey plans to spend the FY25 budget totaling $58 billion.

The Massachusetts State. House- on a sunny day in Boston.

There’s a lot going on at the gold-domed State House.

Photo by @bimbolie

After filing the FY25 budget proposal, Governor Healey has outlined her administration’s priorities for 2024. The budget proposal would kick in beginning July 1, and would need legislative approval.

Here’s a by the numbers breakdown of the $58 billion budget plan:

$4.1 billion for the Affordable Homes Act to create middle-class housing, repair public housing, and create supportive housing for seniors, veterans + people with disabilities.

$590 million to achieve universal access to pre-kindergarten for every four-year-old across Massachusetts by the end of 2026.

$30 million for a new five-year initiative called Literacy Launch to ensure schools, educators, and students through third grade have access to high-quality literacy materials.

$325 million for the state’s emergency shelter system.

$359 million in funding, which would double the operational funding support for the MBTA. The budget also includes a plan to use $45 million to fund a system-wide reduced fare program for low-income riders.