Monday, July 22, 2019

In the News: FY 2020 state budget deal reached

From the Milford Daily News, articles of interest for Franklin:
"Three weeks after the start of the new fiscal year, Democratic leaders finalized a fiscal 2020 budget agreement over the weekend to end a weeks-long stalemate and authorize $43.1 billion in state government spending over the next year.

The deal, which is expected to be voted on Monday by both the House and Senate, puts the state in position to potentially have a budget in place in time for the Legislature to avoid having to approve another stopgap spending measure. If Gov. Charlie Baker signs it within 10 days, Massachusetts may also avert being the last state in the country without a signed full-year budget, as it was last year.

After negotiations that began in early June, House and Senate leaders chose not to include new taxes on opioid manufacturers or e-cigarettes and vaping products. Both tax plans were initially proposed by Republican Gov. Charlie Baker and backed by the Senate, but the House felt they should go through the committee process.

The budget also dropped the Senate’s proposed freeze on tuition at the University of Massachusetts next year, and did not increase funding for the five-campus system beyond the $558 million recommended by the governor and both branches, making a tuition hike for students next year likely."

Continue reading the article online (subscription may be required)
https://www.milforddailynews.com/news/20190721/mass-budget-deal-to-be-voted-on-monday

While the bill was filed Sunday per the article the web page had not yet been updated as of Monday morning. The budget should find its way here eventually
https://malegislature.gov/Budget/ConferenceCommittee

https://malegislature.gov/Budget/ConferenceCommittee
https://malegislature.gov/Budget/ConferenceCommittee

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