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Tag Archives: budgeting & finance

Springfield

Take My Council, Please: To be There or to Be Just a Square…?

A week before the Springfield City Council was to consider tax rates for residential and commercial properties, members briefly clashed over funding to close deficits from prior years. There was another mayor-Council flashpoint last week, albeit one that took the guise of old school political territorialism. The removal of the historic Stearns Square bench had reached the Council. However, the body punted on a resolve at the request of one councilor.

Buono Sarno

Springfield Councilors Pass FY25 Budget, but Tax Implications Linger…

SPRINGFIELD—Despite a lengthy debate and reasonable fears about how the city’s principal revenue stream affects residents, the City Council approved the fiscal year 2025 budget. It passed last week with no modifications and no dissent. This was also the first annual spending document presented under the new Chief Administrative & Financial Officer, Cathy Buono.

Healey Gorzkowicz

April Revenue May Be the Last Sharp Turn for Healey in FY2024’s Wild Ride…

The $6.32 billion in collections for April, which yields the largest haul each year because taxes are due this month, zoomed $1.03 billion over benchmarks. It surpassed last April’s take by over one and a half billion dollars.

Despite the ruddy complexion of the economy, both nationally and in the commonwealth, Governor Maura Healey has had to contend with wild gyrations in state revenue.