Beacon Hill warms up to $3.5 B borrowing bill


Feb 12 2018

By Michael Norton, State House News Service / The Gloucester Times

The out-of-pocket costs of retiring debt are reflected in Gov. Baker's fiscal 2019 budget, which sets aside $2.66 billion to make debt service payments over 12 months, a $49 million increase from this fiscal year's projected debt service spending, according to the Massachusetts Taxpayers Foundation.
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