BOSTON (WLNE) — Gov. Charlie Baker signed Massachusetts’ $53 billion state price range on Thursday.

The price range for the 2023 fiscal yr highlights healthcare, schooling, workforce growth, and transit.

“With the Commonwealth in a traditionally robust fiscal place, the FY23 price range helps tax reduction for tons of of hundreds of taxpayers, whereas making file investments in schooling and native assist,” mentioned Governor Charlie Baker. “I’m happy to signal one other price range that maintains this dedication whereas making investments assist Massachusetts’ households and communities develop and thrive.”

The price range made file investments into the states schooling system. The governor signed $6 billion into public schooling, together with $250 million for grants to assist stabilize early schooling and childcare suppliers by way of the pandemic restoration interval.

The price range included $32.2 million for small companies, $17.2 million for native financial growth initiatives, and $10.7 million to assist the state’s tourism and hospitality.

The price range additionally included a historic funding in creating long-lasting enhancements in housing stability — $150 million in Residential Help for Households in Transition and $110 million for homeless particular person shelters.

Highlighted within the price range was additionally $20 billion in funding for MassHealth, and $266 million to repair important MBTA security hazards ordered by the federal authorities.