Massachusetts State Budget http://wamc.org en Casino Revenue In State Budget Questioned http://wamc.org/post/casino-revenue-state-budget-questioned <p></p><p></p><p>Massachusetts Governor Deval Patrick and legislative leaders are betting voters don’t repeal the state’s casino law.&nbsp;&nbsp; Casino revenue was included in the 2015 state budget, but the impact of the decision appears to be more political than financial.</p><p> Gov. Patrick does not see it as much of a gamble to speculate on $73 million in projected casino revenue in a budget that totals $ 36.5 billion. The casino cash may never come if voters repeal the state’s casino law in November.</p> Fri, 18 Jul 2014 16:13:00 +0000 Paul Tuthill 95173 at http://wamc.org Casino Revenue In State Budget Questioned Report Offers Suggestions On Easing Student Debt Burden http://wamc.org/post/report-offers-suggestions-easing-student-debt-burden <p>As college student loan debt continues to climb nationally, lawmakers in Massachusetts are proposing some ways to help.</p><p></p><p></p><p></p><p> A subcommittee of the&nbsp; legislature’s Joint Committee on Higher Education approved a report this week that contains nine recommendations including trying to decrease the time it takes to earn a college degree, increase state aid, and require all Massachusetts high school students to take a financial literacy course.</p> Fri, 18 Apr 2014 22:31:00 +0000 Paul Tuthill 88509 at http://wamc.org Report Offers Suggestions On Easing Student Debt Burden Massachusetts House Leaders Propose Leaner Budget Than Gov. Patrick's http://wamc.org/post/massachusetts-house-leaders-propose-leaner-budget-gov-patricks <p>The Massachusetts House Ways and Means Committee released its proposed state budget this week. It calls for slightly less spending than the $32.6 million budget proposed by Governor Deval Patrick.&nbsp;&nbsp; WAMC’s Pioneer Valley Bureau Chief Paul Tuthill spoke with State Representative Stephen Kulik of Worthington, who is vice-chair of the committee.</p><p></p><p></p> Fri, 11 Apr 2014 16:58:00 +0000 Paul Tuthill 88005 at http://wamc.org Massachusetts House Leaders Propose Leaner Budget Than Gov. Patrick's Rising Tax Collections Forecast For Massachusetts http://wamc.org/post/rising-tax-collections-forecast-massachusetts <p>Experts have told Massachusetts state budget writers to expect modest growth in tax collections next year as the state’s economy and employment continue to grow.&nbsp; If the forecasts are correct it should mean enough funding for legislative priorities such as local aid and education without&nbsp; need for tax increases.</p><p></p><p></p><p></p> Mon, 16 Dec 2013 17:47:30 +0000 Paul Tuthill 79956 at http://wamc.org Rising Tax Collections Forecast For Massachusetts Mass. Lawmakers Weigh Key Financial Matters http://wamc.org/post/mass-lawmakers-weigh-key-financial-matters <p>Lawmakers in Massachusetts face several key financial decisions this week.</p><p>The Legislature is expected to take up an amendment proposed by Gov. Deval Patrick to a transportation finance bill that would allow the state's gasoline tax to rise if tolls on the western portion of the Massachusetts Turnpike are taken down as scheduled in 2017.</p><p>Legislative leaders have said they oppose the amendment, while Patrick says he will veto the transportation bill unless the change is made.</p> Mon, 15 Jul 2013 10:03:23 +0000 Jaired Crofut 69196 at http://wamc.org Mass. Lawmakers Weigh Key Financial Matters Lawmakers Approve $34B Mass. Budget http://wamc.org/post/lawmakers-approve-34b-mass-budget <p></p><p></p><p>A Massachusetts state budget is headed to Governor Deval Patrick's desk after lawmakers approved the $34 billion spending plan Monday afternoon.</p><p>The budget includes additional state aid for cities and towns and enough funding for the University of Massachusetts to avoid a tuition increase in the upcoming academic year.</p><p>The House voted 123-29 and the Senate 36-3 to accept the compromise spending plan worked out by a six-member conference committee over the past several weeks.</p> Tue, 02 Jul 2013 10:40:30 +0000 Jaired Crofut 68309 at http://wamc.org Lawmakers Approve $34B Mass. Budget Massachusetts House Panel Issues State Budget Recommendation http://wamc.org/post/massachusetts-house-panel-issues-state-budget-recommendation <p>The &nbsp;Massachusetts House Ways and Means Committee on Wednesday approved a $33.8 billion state budget that boosts spending on higher education and local aid.</p><p></p><p></p><p></p><p> The proposed budget is $ 1 billion less than what Governor Deval Patrick recommended. Committee vice-chair &nbsp;Democrat Stephen Kulik of Worthington says the only new taxes are the ones approved by the full house earlier this week for transportation.</p> Wed, 10 Apr 2013 19:32:20 +0000 Paul Tuthill 61925 at http://wamc.org Massachusetts House Panel Issues State Budget Recommendation Mass. groups concerned with cuts to local aid http://wamc.org/post/mass-groups-concerned-cuts-local-aid <p></p><p></p><p></p><p>Amid the uncertainty of the fiscal cliff and declining state revenues, this week Massachusetts Governor Deval Patrick proposed a series of mid-year budget cuts to close a half-billion dollar gap in state funding. WAMC’s Berkshire Bureau Chief Lucas Willard spoke to some that are concerned about the cuts.</p><p>Governor Patrick used his authority to propose emergency cuts in the state’s budget to close a $540 million gap in funding. And many are hoping that some of the governor’s planned cuts can be avoided.</p> Thu, 06 Dec 2012 23:13:33 +0000 Lucas Willard 53462 at http://wamc.org Mass. groups concerned with cuts to local aid Fiscal Cliff Impact Would Be Dire On Massachusetts Budget http://wamc.org/post/fiscal-cliff-impact-would-be-dire-massachusetts-budget <p>The Patrick Administration’s top budget official warns failure to avert the “fiscal cliff” in Washington will seriously harm the Massachusetts state budget.&nbsp; WAMC’s Pioneer Valley Bureau Chief Paul Tuthill reports</p><p></p><p></p><p> If the country goes over the so-called “ fiscal cliff” Massachusetts could lose $300 million in tax revenue this fiscal year and $1 billion dollars next year. It would also cost the state $200 million in federal funding that helps pay for a variety of programs according to the Massachusetts Secretary of Administration and Finance Jay Gonzalez.</p> Wed, 05 Dec 2012 23:13:00 +0000 Paul Tuthill 53370 at http://wamc.org Fiscal Cliff Impact Would Be Dire On Massachusetts Budget