... Immigrant activists to target Baker at protest on Tuesday ...... Tsongas will not seek reelection, creating a rarity: an open Congressional seat well ahead of the election ...... DCR, Fish and Game plan public meeting to hold public meeting Aug. 23 on outcomes of deer management plan ...... CPCS cites "profoundly flawed" eyewitness identification evidence in highlighting court decision to vacate Frederick Clay's 1979 murder conviction ...... AG: Wilmington company cited more than $100,000 for intentionally failing to properly pay employees ...... New grant will pay for writing, publishing of Mass. Wetlands Buffer Zones Guidebook ...... New hires, daily spending may be tracked with Shack's expansion of state comptroller's CTHRU site ...... House chairman "certain" that sales tax holiday bill won't pass this month ...... Cambridge moves to restrict short-term rentals as bill languishes in Legislature ...... Boston groundbreaking on Harmon Apartments, which features housing for adults with disabilities ...... Worcester, Pioneer Valley seeing more mosquitoes testing positive for West Nile Virus ...... Baker's MassHealth reforms on ice as lawmakers break for summer recess ...... Legal marijuana supporters highlight Cape case that may have involved fentanyl-laced pot ...... Nate Bryant named chief of staff to Salem State President John Keenan ...... MAPC hosting clean energy forum Oct. 11 at District Hall in Boston ...
Latest Headlines:
House:
ADJOURNED 'til Thursday at 11 a.m. (informal)
Senate:
ADJOURNED 'til Thursday at 11 a.m. (w/out a calendar)

PEW LOOKS AT MASS. AS MODEL AND CAUTIONARY TALE FOR RAINY DAY FUND MANAGEMENT

By Colin A. Young

STATE HOUSE NEWS SERVICE

STATE HOUSE, BOSTON, MAY 18, 2017.....When it comes to rainy day fund management, the recent experience of Massachusetts was highlighted in a report released Thursday by the Pew Charitable Trusts as an example of how state policymakers' handling of reserves can affect a state's credit rating.

The report begins with a Beacon Hill anecdote from late 2015, right after Standard and Poor's downgraded the state's credit outlook from stable to negative, citing the use of the "rainy day" fund to balance the budget in several prior years.


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