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State finance boss...

State finance boss predicts cuts to local aid

Full and original article posted on Telegram & Gazette

Gonzalez Speaks at Worcester Event

While the governor’s new budget will not have any new taxes, that doesn’t mean Massachusetts residents won’t feel the pain of state spending – or lack of it – in the coming fiscal year.

Jay Gonzalez, the state secretary of administration and finance, said this morning at a budget forum sponsored by The Research Bureau that even with the economy and tax revenue beginning to rebound from the recession, the state will start the budget year July 1 with $1.2 billion less to spend.

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