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Baker signs $47.6 billion Fiscal Year 2022 State Budget

Baker signs $47.6 billion Fiscal Year 2022 State Budget
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Gov. Baker Signs Fiscal Year 2022 State Budget Into Law – East Boston Times-Free Press

Gov. Baker Signs Fiscal Year 2022 State Budget Into Law – East Boston Times-Free Press
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Gov. Baker signs Fiscal Year 2022 State Budget into law – East Boston Times-Free Press

Gov. Baker signs Fiscal Year 2022 State Budget into law – East Boston Times-Free Press
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Let's all commit to a new normal for Black communities in Massachusetts

By Segun Idowu, Special to the Reporter
May 26, 2021
Segun Idowu, Special to the Reporter
In 2020, a Black community in Massachusetts that was on the rise got hit with increased public health, economic, and social challenges related to the Covid-19 pandemic and racial reckoning during the summer. These events, compounded by existing health disparities and a growing wealth gap, proved to be devastating to the growth of Black communities. If left unaddressed by urgent and bold action, the long-term effects will not just harm Black people, but also the well-being of other communities overall.
We know that these disparities aren’t new. In 2015, the Federal Reserve Bank of Boston published its damning “Color of Wealth” report that highlighted Boston’s yawning racial wealth gap. Additional reports by groups like the Coalition for an Equitable Economy have reinforced the fact that entrepreneurs of color continue to face barriers, whether it be the dispersal of nee ....

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Baker-Polito Administration Files $45.6B Fiscal 2022 Budget Proposal

BOSTON The Baker-Polito administration on Wednesday filed its fiscal year 2022 budget recommendation, a $45.6 billion proposal that continues the administration s response to the COVID-19 pandemic and addresses critical priorities including promoting economic growth, fully funding the first year of the landmark Student Opportunity Act, and supporting cities and towns across Massachusetts.

This balanced proposal does not raise taxes on the commonwealth s residents and preserves substantial financial reserves for the future, according to the administration.

Submitted as House 1, this budget recommendation provides $246.3 million in new funding for the Student Opportunity Act including an increase of $197.7 million in Chapter 70 funding, with a particular focus on school districts serving low-income students. The administration is also proposing to allow municipalities to count $114 million in federal dollars toward their Chapter 70 required local contrib ....

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