budget and local aid updates, community preservation act, financial outlook, local aid policy, priorities/requests, resources, revenue, taxes
The federal budget sequestration will strain some visible federal programs — Head Start, air traffic control. But what will the federal budget sequestration do to state and local government budgets? There are enough moving parts that the answer is not clear, but it appears that, overall, most state and local governments will feel relatively limited …
Continue reading “How will the federal budget sequester affect state and local government budgets?”
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 …
Your thoughts welcome. My reaction is posted at this link.
Last week, the Governor proposed a substantial income tax rate increase, and so focused political attention — positive and negative — on that simple and controversial proposition. In fact, however, he placed before the legislature a broad package which raises three major questions: First, should we make a substantial increase in spending on our transportation …
We’re just getting started in the budget process and we’ll all carefully study the options. Read the Governor’s revenue plan here. Read a summary of recent cost-control and fiscal responsibility measures here. This morning, I offered this comment to a journalist asking my views on the plan. Like most legislators and most careful observers, and …
We should expect a tight budget year. If and only if the federal government maintains support to the states, we may be able to keep pace with inflation.
