The plan focuses on investments in transportation and education while calling for an income tax increase coupled with a lower sales tax.
Gov. Deval Patrick submitted his $34.8 billion budget to the Legislature Wednesday, saying that the proposed income tax hike is part of a comprehensive package aimed at investing in the state's infrastructure and in driving growth. The proposal asks for an increase in the income tax from 5.25 percent to 6.25 percent coupled with a reduction in the sales tax from 6.25 percent to 4.5 percent. It also doubles personal exemptions. Despite the proposed income tax hike, Patrick says that low and modest-income workers will pay less in taxes under his proposal, and only the "more fortunate see a larger increase." "I do not submit this proposal lightly. I understand that many households in Massachusetts continue to struggle from the impact of the …
School Superintendent Michael Harvey unveiled the cost of a so-called "level services budget" on Thursday night to the School Committee.
The fiscal 2014 Hamilton-Wenham Regional School District budget would require 10 percent more money from each town if services were to remain the same as offered this year, Superintendent Michael Harvey said on Thursday night. The gap has little to do with increased spending – the same level of services next year will cost $247,873, or .9 percent, more in fiscal 2014 than fiscal 2013, which ends on June 30, 2012. Harvey called that "actually good." The gap can be traced mostly to one-time revenue in the 2013 budget that is not currently part of the 2014 budget. The 2013 budget uses $1.49 million from the district’s excess and deficiency, or E and D fund, which is essentially a savings account made up of previous year’s fund balances, plus…
42.60785
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Bessie Buker Elementary School
1 School St, Wenham, MA
/articles/school-budget-would-rise-10-percent-with-level-services
777122
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42.607899
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Hamilton-Wenham Regional School District
5 School St, Wenham, MA
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Bob Gray
2:20 pm on Monday, December 10, 2012
Jay and Robert are right! The new Superintendent and newly elected School Committee members need to revisit the $90,000.00 Operational Audit report. We all know that not all of the 125 recommendations will work for the HWRSD but it has to be seriously analyzed again! Want to see an interestsing fact.... go onto the boston.com website snapshot and check out "costs per student". If you take the … more ›