Posted by: jimfior02 on: January 8, 2009
Recently, Governor Patrick warned cities and towns that the economic downturn was having a dramatic effect on State tax revenues. The Governor, who cut $1 billion from his budget in October, announced that he would be forced to cut another $1 billion in January or February.
The Governor has asked the legislature for permission to cut [...]
Posted by: jimfior02 on: January 26, 2008
The Gamble on Local Aid
Under Proposition 2 and half, cities depend upon local aid to survive. State aid is based upon lottery receipts. This year, lottery receipts are down, meaning local aid may be in for a fall. If local aid is cut, cities and towns are forced to raise taxes or lay off employees.
The Governor [...]
