Quite appropriately, Governor Patrick’s Fiscal 2015 budget continues and extends the priorities he has defined together with the legislature over the past 8 years. It does not propose major new initiatives. Total proposed Fiscal 2015 budgetary spending is $36.4 billion — up $1.7 billion or 4.9% over projected Fiscal 2014 budgetary spending. This growth is …
Budget and Local Aid Updates
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Understanding the Governor’s Budget Presentation
The Patrick Administration deserves great credit for its efforts to make its budget as transparent as possible. Nonetheless, a 46 billion dollar spending program is intrinsically complex, so here are answers to a few questions that I found myself asking as I worked through the presentation. How big is the budget? The financial statement section shows proposed …
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Official Joint Press Release on the Supplementary Budget
The General Court of Massachusetts State House, Boston, 02133-1053 —- FOR IMMEDIATE RELEASE Contacts: Laura Oggeri Seth Gitell July 1, 2013 Senate President House Speaker (617) 722-1500 (617) 722-2500 House, Senate Pass Fiscal Year 2013 Supplemental Budget Adds $133.4 million to FY13 spending and strengthens EBT enforcement …
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Official Joint Press Release on the 2014 Budget
The General Court of Massachusetts State House, Boston, 02133-1053 —- FOR IMMEDIATE RELEASE Contacts: Laura Oggeri Seth Gitell July 1, 2013 Senate President House Speaker (617) 722-1500 (617) 722-2500 House, Senate Pass Comprehensive FY14 Budget Includes Strong Investments for Essential Services and Programs (BOSTON) – The Massachusetts Legislature …
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Final FY14 Budget
The legislature today approved its $34 billion budget for Fiscal 2014 (124-29 in the House and 36-3 in the Senate). Fiscal 2014 starts today, July 1. Some items of note in the budget include: Increases in local aid — especially for communities that had been treated unfairly under the Chapter 70 School Aid formula, like Watertown. …
Senate Passes Budget
Wednesday and Thursday of last week were long days as we plowed through 725 budget amendments. It was a relatively smooth year with fewer controversial issues. The budget was tight, but fewer programs were taking deep cuts so there was less anxiety overall than there has been for the past few years. My biggest concerns …