23 Hrs
Source:
The Boston Globe
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Boston councilors should amend Wu’s 4.9b budget
Boston faces a slow property tax growth due to lower returns on investments, decreased revenue from building permits, and reduced state aid, signaling potential economic challenges ahead. The city’s budget negotiations are deadlocked as the Boston City Council opposes the mayor’s proposed $4.9 billion plan, partly due to cuts in popular programs like youth jobs and veterans services. Long-term budget concerns include rising costs from police overtime, increases in the public school budget despite declining enrollment, and high health insurance expenses, with officials emphasizing the need for cost controls and careful workforce management.
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