Tuesday, July 23, 2019

Legislature Passes Balanced Budget with Targeted Investments in Education, Housing, Environment

Per Senate President Karen E. Spilka:
"Today (Monday) the Massachusetts Legislature passed its Fiscal Year 2020 (FY20) budget, which invests in programs and services across the Commonwealth. Funded at $43.1 billion, the budget makes major investments in education, housing, substance use disorder services, health care, and other areas while projecting a more than $476 million deposit into the Stabilization Fund – bringing the fund’s balance to more than $3 billion to safeguard the future of vital programs and services.

“I am proud of this fiscally responsible budget that supports the needs of individuals, families, and communities across the Commonwealth through thoughtful investments that increase local aid, strengthen our health care system and protect the environment,” said House Speaker Robert A. DeLeo (D-Winthrop). “This budget bolsters our ongoing efforts to combat the opioid crisis, invest in high-quality early education and care and makes another significant deposit into the state’s Stabilization Fund. These investments will have a long and lasting positive effect on the residents of Massachusetts. I want to thank Chair Michlewitz for his leadership and my colleagues in the House, especially those on the conference committee, who worked to put this package together.”

“Education is a top Senate priority, and I am therefore proud of the significant investments we make in K-12 education in the final FY2020 budget,” said Senate President Karen E. Spilka (D-Ashland). “Not only have we voted to advance the largest year-over-year increase in Chapter 70 education funding in the last two decades, we have also made a substantial down payment towards funding the recommendations of the Foundation Budget Review Commission (FBRC). In addition, we fund health and wellness in schools, and provide considerable increases in reimbursement for special education, charter schools, and regional school transportation. Finally, I am very pleased that the conference budget includes $10 million in new funding for mental and behavioral health. These funds will allow the Commonwealth to address the root causes of many of the challenges facing our residents, including substance abuse, homelessness, unemployment and schoolbullying, among other things. I commend all of the members of the conference committee for their very fine work on this budget.”
Continue reading the full copy of the press release on the Joint Budget for FY 2020
https://drive.google.com/file/d/0B0wjbnXDBhczNnNMbzZDNFBwX1k4OVR0dktMQlFHVEFVR3Fr/view?usp=sharing

 While the bill was filed Sunday per the article the web page had not yet been updated as of Monday evening. 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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