Slowing Revenue Growth Derails Automatic Income Tax Cut

Sent to you by Steve Sherlock via Google Reader:

Slowing Revenue Growth Derails Automatic Income Tax Cut

via Commonwealth Conversations: Revenue by Ann Dufresne-DOR Communications Director on 11/19/12

The State Department of Revenue (DOR) recently certified that there is insufficient tax revenue growth under the terms of a  2002 state law that would trigger a 0.05 percentage point cut in the Part B indivdual income tax rate beginning in 2013. As part of the legal process determined by the Legislature, an automatic tax cut would go into effect if the following thresholds in revenue growth were exceeded:

• Inflation-adjusted baseline revenue growth for the previous fiscal year surpassed 2.5% and,
• There was positive inflation-adjusted baseline revenue growth in each of the consecutive three-month periods starting in August and ending in November in the current calendar year compared to the same consecutive three-month periods in the previous calendar year.

DOR certified on September 6th that FY2012 inflation-adjusted baseline revenue increased 2.77% over the previous fiscal year. The agency also certified that revenue growth was 4.12% for the first growth period and 1.88% for the second growth period. However, revenue growth was negative (-1.29%) during the third period so the 5.25% Part B individual income tax rate will remain the same for 2013.

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Franklin: From Puritan Precinct to 21st Century ‘Edge City’

VIA APPIA PRESS has announced the release of Franklin: From Puritan Precinct to 21st Century ‘Edge City.’

Welcome to Franklin, Massachusetts, a town that to a casual visitor might appear to be nothing more than an ‘ordinary’ Greater Boston suburb; maybe even the kind of place where, “Nothing much ever happens.” But don’t be fooled. This is the entirely true story of how one town transformed from a small hamlet – a precinct in a frontier community -- into one of the fastest growing municipalities in America; an ‘edge city’ built around an Interstate. It’s a story of religious extremists, farmers, factory workers, entrepreneurs, anarchists, and eccentrics. It’s a story more than 300 years in the making and it has never been told before in one volume...until now.

Franklin: From Puritan Precinct to 21st Century ‘Edge City’ is 204 pages in length, featuring more than 70 illustrations, and retails for $19.99. The book can be ordered through www.viaappiapress.com.


About the Author
Eamon McCarthy Earls is a longtime resident of Franklin, and a graduate of Franklin High School, Class of 2012. Eamon has been involved with the Franklin Historical Commission since 2010. Realizing the need for a new, updated history of Franklin, Eamon built on his experience in writing and researching his previous book; Wachusetts: How Boston’s Quest for Water Changed Four Towns and a Way of Life and tapped a wide range of sources, including extensive interviews with local residents, to complete Franklin: From Puritan Precinct to 21st Century ‘Edge City.’

"things changed pretty quickly"

The destruction left by Hurricane Sandy in the NY and NJ area is immense. Two Franklin fire fighters got to help at a shelter in Brooklyn, NY recently and the Milford Daily News recaps their experience with this article.

In New York City, Smith said, the darkness was eerie and disquieting. 

"I didn’t expect that," he said. 

Smith said he never realized the scope of Sandy’s wrath. 

"While we were deployed, I saw no news; I heard no news, so I wasn’t even aware of how bad the devastation was until I got home," he said.

Read more: http://www.milforddailynews.com/news/x1107412492/Franklin-firefighters-help-out-after-Hurricane-Sandy#ixzz2CfArD0yf


To contribute to the relief effort you can donate to the American Red Cross here or to this Occupy Sandy effort for those in New Jersey.

"looking forward to a new legislative session"

Roy, who spent 14 years as a Franklin town official, serving on the Town Council, as well as the Master Plan Committee and School Committee, said his main focus will be jobs and the economy. 

He also wants to help speed completion of the Franklin High School project and to increase local aid during the upcoming session. 

Roy hopes to serve on the education and criminal justice committees. 

"I am delighted to be a part of the team and I hope to make it stronger," he said.

Read more: http://www.milforddailynews.com/news/x1107412470/Milford-area-lawmakers-setting-new-goals#ixzz2CfDlIc8S

DCR issues ice safety tips

Given the variations in weather we have seen, it is not too early to prepare for ice.

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DCR issues ice safety tips

via Wicked Local Franklin News RSS by GateHouse Media, Inc. on 11/18/12

As winter approaches, the Department of Conservation and Recreation has issued safety tips about ice.

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FHS Girls Soccer - Championship game highlights (video)

Here are video highlights of the game Friday night. The Franklin High School girls team won the state championship with a 2-1 victory!





Thanks to Marianne Lonati for sharing this on Facebook

Related post on the game
http://www.franklinmatters.org/2012/11/franklin-high-school-girls-soccer-2012.html

Reminder: Turkey Trot Family 5K Fun Run - Thanksgiving morning

There is still time to register to run on Thursday morning. I like to do a race on Thanksgiving, not so much to race, but to get out for a good run and have a reason to eat well later.

Thanks to the efforts of Feed the Need, this event is a win-win. You get to run or walk and the proceeds go to help the Franklin Food Pantry.

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If you are a runner, or walker you can help the Franklin Food Pantry.

Registration, course map and additional race information can be found at http://www.feedtheneed.org/

If you would like to organize a collection in your neighborhood, you can print out this flyer to use