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Miscellaneous Budgeting Info, Links
The following powerpoint presentation is a summary of a report prepared by the Rappaport Institute. The report provides an analysis of the fundamental challenges facing all municipalities in Massachusetts, and highlights the inherent difficulties associated with using property tax as the primary means of funding local services.
The attached report was prepared by the Massachusetts Taxpayers Foundation. It highlights the impact of rising health care costs on local government services.
On September 7, the Municipal Finance Task Force, a group of private sector, public sector, and academia experts and leaders led by John P. Hamill, Chairman of Sovereign Bank New England, released a comprehensive report on the state of municipal finances in Massachusetts. The report, "Local Communities At Risk: Revisiting the Fiscal Partnership Between the Commonwealth and Cities and Towns," provides a comprehensive analysis of municipal
revenues, municipal expenditures, and state local aid over a 25-year period. The reports also makes a series of recommendations to stabilize municipal finances.
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