Early warning on FY26

Please enjoy this fall tree from the Berkshires.
It is the most positive thing in this blog post.

A quick note from me (as I am swamped over here):

While DESE won't set the official inflation rate for the foundation budget until the end of December, using data that doesn't close until the end of October, the change in the rate of the implicit price deflator for state and local governments so far is running below 2% this fall. 

In other words, the inflation rate for next year's foundation rate, as written into statute, would again be very low.

I would strongly recommend getting this onto your legislator's radar ASAP.

MASC folks, you'll see this more formally in the next bulletin.