By Bob Katzen

Gov. Maura Healey filed a $62.8 billion fiscal 2027 state budget for the fiscal year 2027 that begins on July 1.

Healey’s office says that the budget does not propose any new taxes or fees and represents only a 1.1 percent growth over estimated fiscal year 2026 spending, the lowest spending rate since taking office and well under the rate of inflation.

This includes $2.7 billion in Fair Share surtax spending. Along with her budget proposal, Gov. Healey also filed a Fair Share supplemental budget bill to spend $1.15 billion in surplus fiscal 2025 surtax revenue on education and transportation initiatives.

In April, the House will unveil and eventually approve its own version of a fiscal 2027 state budget. The Senate, likely in May, will follow suit and craft and approve its own version. Then a House-Senate conference committee will eventually craft a compromise plan that will be presented to the House and Senate for consideration, and when approved, will be sent to the governor.