The well-intended legislation was aimed at addressing persistent racial and socioeconomic achievement gaps, but what Beacon Hill perhaps didn’t foresee was the greater financial pressure it would place on municipal budgets as sluggish state aid growth that has not kept pace with inflation, strict limits on local tax increases, and rising costs continue to trap many local governments between a rock and a hard place.
municipal finance
Political Notebook: South Hadley voters reject controversial Proposition 2½ override
The proposals sparked a heated local debate as sluggish state aid growth and strict limits on local tax increases continue to trap many local governments in a difficult position with few options to manage rising costs.
Rent control opponents warn of $300 billion impact to property values
The real estate industry has a new line of attack in its campaign against rent control: the impact on property values, which could crumble and trigger difficult local decisions about cutting services or hiking taxes, according to a new report.
The profit and price of October in Salem
This week on The Codcast, CommonWealth Beacon reporter Hallie Claflin talks with Dominick Pangallo, Mayor of Salem. Every year in October, Salem experiences a massive tourism boom as more than a million visitors flock to the site of the Salem Witch Trials for the spooky season. How does a small city of 45,000 manage the influx of tourists? How do Salem residents feel about the influx? And how lucrative is the tourism industry? Pangallo addresses these and encourages all to explore the great things Salem has to offer all year round.
