The Senate Ways and Means Committee released its budget draft for Fiscal 2014 today. It shaves total formula local aid overall just slightly, but some communities that have historically been shortchanged, notably Watertown, do a little better. In addition to making adjustments in the main local aid accounts it fully funds the special education circuit …
Budget and Local Aid Updates
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Senate Engrosses Bill Allocating Chapter 90 Funding
Yesterday, the Senate engrossed a bill that would allocate Chapter 90 funding for transportation projects, including repairs to roads and bridges, to support the infrastructure of Massachusetts cities and towns. This $300 million appropriaton reflects a $100 million increase over last year’s $200 million appropriation. The increase would be funded by revenue raised and dedicated by a transportation …
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Video on budget developments
Will talks about the budget and taxes with Mike Widmer, President of the Massachusetts Taxpayers Foundation (video).
Education Aid in the Governor’s Budget
The Governor, in his fiscal 2014 budget, has proposed to finally complete the education aid reform initiated in 2006. This is extremely good news for Watertown — Watertown had, for years, been badly short-changed by the failure to fully implement the 2006 reforms. Belmont also benefits, although more modestly, from the reform.The Governor uses a …
Reactions to the Governor’s Budget Proposal?
Your thoughts welcome. My reaction is posted at this link.
Budget Passed by Both Branches
The Speaker and the Senate President issued an joint press release on the budget.