Mayor presents $208M budget for fiscal year 2020 By Christopher Roberson Carlo DeMaria Mayor he following is a letter from Mayor Carlo DeMaria outlining the city's $208 million budget for fiscal year 2020, which represents a four percent increase over last year. City revenue currently totals $137.4 million. Within that figure, some of the larger amounts include $82.5 million in state aid, $19.4 million in Enterprise Fund Revenue and $7.9 million in local receipts. City expenditures total $59.4 million. Within that figure, some of the larger amounts are $31.8 million for Public Safety, $13.7 T Vol. 28, No. 20 million for city services and $8.1 million in general government expenses. Fixed costs total $58.7 million. Employee insurance is $21.4 million; debt service is $16.3 million; and the retirement assessment is $15.9 million. A message from Mayor Carlo DeMaria I am pleased to present you with the proposed FY 2020 operating budget for the City of Everett. The proposed FY 2020 budget totals $208,047,765 – a four percent increase over the FY 2019 adjusted budget. The MAYOR | SEE PAGE 14 Looking for a home loan? WE ’RE HERE TO DO RIGHT BY YOU . FIXED RATE MORT G AGES— NO POINTS . EVERETT 15 YEAR 30 YEAR 3.625% R ATE 4.000% R ATE EVERETT – 419 BROADWAY LYNNFIELD – 7 7 1 SALEM STREET 61 7-38 7 - 1 1 10 3.733% APR* 4.061% APR* Learn more about our rates at EVERETTBANK . COM *Annual Percentage Rate (APR) is effective May 14, 2019 and is subject to change. All rates and APR’s are calculated based on a $250,000 loan for a rate/term refinance or purchase of a owner-occupied single family dwelling with a 75% loan-to-value. Rates are also based on Loan to Value and credit scores. The monthly principal and interest payment for a 15 Year fixed rate mortgage is $7.21 per $1,000 borrowed. The monthly principal and interest payment for a 30 Year fixed rate mortgage is $4.77 per $1,000 borrowed. Those payment do not included taxes and insurance. Your payment may be greater if the loan is secured by a first lien. Loans are subject to credit approval. NMLS #443050. Member FDIC Member SIF AUTO SCHOOL “Successful Key To Driving” Since 1938 Gift Certificates Available Friday, May 17 , 2019 ADVOCATE Free Every Friday www.advocatenews.net Our 80th Year EDUCATION Next Classes DRIVER 2 Week Night Classes JUNE 3 One Week Day Class JULY 8 & JULY 22 CALL - ENROLL or Register Online 617-387-9121 HENRYSAUTOSCHOOL.COM 617-387-2200 Councillors frustrated with lack of communication over Alford Street Bridge By Christopher Roberson F or the past several months, the City Council has been requesting a meeting with the Boston harbormaster regarding the anticipated increase in boat traffic under the Alford Street Bridge following the opening of Encore Boston Harbor; however, this meeting has yet to take place. During the council’s May 13 meeting, Ward 4 Councillor John McKinnon said he had spoken with Boston Mayor Martin Walsh, who agreed to send his harbormaster before the council. However, McKinnon said, Everett employees have repeatedly intervened to cancel the meeting COUNCILLORS | SEE PAGE 14 Messinger Insurance Agency, Inc. SINCE 1921 475 Broadway, Everett Phone: 617-387-2700 Fax: 617-387-7753 NEW COMPETITIVE AUTO RATES AND BENEFITS AVAILABLE ACCIDENT FORGIVENESS DISAPPEARING COLLISION DEDUCTIBLE 98 Years of Excellence! Timothy, Daniel & David LaRovere Hours: Monday thru Friday: 8am to 6pm / Saturdays: 9am to 1pm Quote your policy online: www.messingerinsurance.com (617) 387-6691 CONVENIENT PARKING IN REAR Open 7 days 6AM to 10PM 13% DISCOUNT WITH SUPPORTING POLICY 7% PAY IN FULL DISCOUNT 10% MULTI CAR DISCOUNT 423 Broadway, Everett Sq. BEST KENO LOUNGE erett Sq IN EVERETT P L U C S K Y K S O M E H O
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