STATE CLOSES OUT LAST FISCAL YEAR WITH BIG INFUSION OF $$$ FOR MASSHEALTH
By Katie Lannan
STATE HOUSE NEWS SERVICE
STATE HOUSE, BOSTON, OCT. 6, 2016....Gov. Charlie Baker on Thursday signed a $187.5 million spending bill closing the books on the 2016 fiscal year and authorizing a grab of up to $60 million in Convention Center Fund revenues to help balance last year's budget.
Signed 98 days following the conclusion of a fiscal year where tax collections fell far short of overly optimistic assumptions, the supplemental budget includes $91 million of the $111 million in budget-balancing solutions recommended by Baker, according to the Massachusetts Taxpayers Foundation. The use of Convention Center Fund money for general purposes is the largest of those fixes and has sparked debate over whether Baker will remain dug in on his opposition to the Boston Convention and Exhibition Center expansion.
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