Est. 1995: Updated: Monday September 18, 2017 04:18:55 PM    Search | Contact | History | Economy | Data | Calendar| Weather

 
banner






 

 

Quick Links
Land Use Council Schedule
Community Calendar
Board of Appeal Hearing List
Data
District A-7 Police Station
Piers Park Sailing
Wi-Fi Hotspots in EB
Music: Salvatore Baglio 
Salesian Boys & Girls Club
Friends of EB Greenway

Historical Markers

Historic Sites
News Archive
Picarello Foundation
Logan Flight Info
Italia Unita
YMCA
L. Florence Charitable Fund

Official MA Ode by J. Falzone

Mt. Carmel Archive

Weather Alerts
Forecast
Branch Library
Chamber of Commerce
Politics and Elections
NOAH
East Boston on Wikipedia
Resources for Boston Youth
East Boston APAC
East Boston Main Streets
Calls to Action
ZUMIX Radio
Excel Academy
Public School Listing
EB Central Catholic School
Madonna Shrine Don Orione
EB Social Centers
Suffolk Downs
 

 

News, Blogs & Misc. links off-site
HubsterBlog
TheEastBostonian
OrientSee
RedMassGroup
BlueMassGroup
Transit Updates
Boston Herald
Boston Globe
Neighborhood Network News
Post-Gazette
Universal Hub

OpenMass.org

News from East Boston's best information utility!

Bookmark and Share

 

House passes supplemental budget; reinvests $350 million in Rainy Day Fund; Protects the most in need

(BOSTON) – State Representative Carlo Basile joined his colleagues in the Massachusetts House of Representatives in passing a balanced supplemental budget. The budget reinvests $350 million in the Stabilization Fund, devotes more than $28 million for those most in need and provides $23 million in order to keep local courts open.

“Reinvesting in our stabilization fund will help keep our state on a strong financial footing,” House Speaker Robert A. DeLeo (D-Winthrop) said. “This supplemental budget targets funds at job creation and local priorities, those most in need and those whose lives have been disrupted by storms.”

“As we close out the 2011 fiscal year, this supplemental appropriation bill continues the House’s commitment to be fiscally responsible,” House Ways and Means Committee Chairman Brian Dempsey (D-Haverhill) said. “Although revenues over the summer were promising, the Commonwealth has not yet fully recovered from the economic downturn. That is why directing $350 million of surplus funds toward our rainy day account and only addressing the most severe recent budget cuts through this legislation was the top priority.”
 

"This $350 million will go a long way in helping people get jobs, aiding local economies, and supporting our most needy," said Vice Chairman of the Financial Services Committee, Carlo Basile. "I thank Speaker DeLeo for his unwavering leadership in getting this supplemental budget passed."

The investment in the Stabilization Fund follows the decision last month of Standard & Poor’s to increase the state’s bond rating from AA to AA+, a move that will save Massachusetts millions in borrowing costs. The bill also provides $19 million for damage as a result of this past summer’s tornado, the 2008 ice storm and the 2010 floods in southeastern Massachusetts.

Some of the other funding priorities included in the supplemental budget are as follows:

Health and Human Services
• $8.2M –Clothing Allowance
• $6M – 10 Day Bed Hold
• $500K –HIV Prevention Services
• $5.5M – DDS Respite and Family Services
• $5M – DDS Community Residential Services
• $3M – DMH Adult Support Services
• $107K – Naturally Occurring Retirement Communities

Job Creation
• $3M – Adult Basic Education
• $1M – Quality Care Fund
• $10M – Expansion of the Low Income House Tax Credit Program
• $38M – Infrastructure Development Projects
• $500K – STEM Pipeline Fund

  
 

Print Friendly and PDF

 

 

 

Data
Massachusetts Stats
State Facts
Mass. Property Taxes
East Boston Data
Local Economic Data
Federal Stats
ARCHIVES: Ancestry-Ethnic Group 1980
 
Boston Atlas

Tools
FedFAQ icon How-to for Do-not-call list 
Consumer Complaint Information icon Useful Phone Numbers
Email and publications service Resident Parking Sticker
RSS icon RSS Feed
Email and publications service Traffic Updates
Email and publications service Resident Discount Tunnel Transponder
Email and publications service Recycling Information
Email and publications service MBTA
Email and publications service Peak season map for Produce
Email and publications service Zip Code Finder
Email and publications service Contact Us

Government
Homeland Security
Federal Campaign Contributions from 02128
City of Boston
Elected Officials
Open Spaces
8th Congr. Scorecard

publicserviceAdCouncil 

spacer image

Your Sponsored Link Here | Your Sponsored Link Here

 
 
spacer image
spacer image

| Contact Us | Disclosure | Search| Weather   | Resources | Advertising | Economic Data | News Archive | Columnists |
Arts & Culture | Public Documents| RSS icon RSS Feeds |

spacer image
  spacer image