We are facing some very difficult budget choices and challenges for Massachusetts for Fiscal Year 2011 (July 2010 - July 2011). Governor Patrick and his administration are holding a series of hearings and forums around the state to get input and ideas from citizens where this presentation is included. To learn more about the hearings and forums, visit www.mass.gov/governor/forums If you weren't able to make a hearing or forum or want to be prepared before you attend one, this presentation is about 9 minutes long and will give you a basic overview of the budget situation. Please review it, then visit our blog at www.mass.gov/blog/engage to comment and share your ideas.

1. Late Fall, 2009 Online Version Presented by Budget Director LeeAnn Pasquini The Governor’s Community Forums

5. The crisis we face: $4.0 billion dollar loss in revenue to date $21, 403 (billions) $17,389 Note: estimates are compared to the consensus revenue estimate and do not reflect changes in tax law.

7. BACKGROUND: How do we pay for state services? All Revenue Sources Breakdown of Tax Revenue

9. Choices Based on Values: Preserving investments in our future Education: In fiscal year 2010, a record $4.037 billion for Chapter 70 education funding, an all-time high reflecting the fundamental importance of education to the health of the state’s economy and the future of Massachusetts children. Higher Education: This year, the Governor has preserved $970 million in funding for state colleges and universities. Health Care: The Governor protected nation leading healthcare reform, insuring over 97% of our citizens. The budget also provides $65.6 million for the Children’s Behavioral Health Initiative which serves children with severe emotional disturbances and other behavioral health problems. Workforce Training: In 2010, the Governor also proposed an additional $11 million for the Workforce Training Fund to ensure that business contributions to the fund are used to train workers in the skills that will speed the Commonwealth’s economic recovery and strengthen its long-term prosperity.

10. Choices Based on Values We should be just as concerned about our commitment to our values as we are about the value of our commitments. Those values -- creating good jobs at good wages, offering a world-class education to our kids, delivering quality, affordable health care to our residents, protecting and supporting the most vulnerable – those are the values to which we as a Commonwealth are committed. So as I meet my statutory responsibility to bring the budget in line, I do so according to my moral responsibility to those values. -- Governor Patrick, October 27