THE MALDEN ADVOCATE–Friday, May 20, 2022 Page 19 Baker-Polito Administration Files $1.7 Billion Fiscal Year 2022 Supplemental Budget S ALEM – The Baker-Polito Administration this week will file a Fiscal Year 2022 (FY22) supplemental budget that proposes investments in transportation, housing, environmental infrastructure, economic development, child care and education initiatives. The legislation includes approximately $1.7 billion in spending, supported by state tax revenues that exceed FY22 benchmarks through April by $4.23 billion (14%). The current surplus also prompted the Administration to formally upgrade the FY22 tax benchmarks today, increasing the total fiscal year projection to $37.666 billion. Governor Charlie Baker made this announcement today in Salem at the site of what will be Massachusetts’ second offshore wind port. The supplemental budget would direct $100 million to ports in Salem, New Bedford and Somerset. These funds will support infrastructure to ensure Massachusetts becomes a global leader and a hub in the offshore wind industry. “Unprecedented Fiscal Year 2022 revenues afford us this opportunity to make targetREAL ESTATE TRANSACTIONS BUYER1 MELENDEZ, HERMAN N GJECI, BRIKENA LIN, JUNHONG JARAMILLO, SERGIO L THAPA, RAJESH SARTELL, CATHERINE G VRANARI, ARMANDO RUSSO, PHILIP GILLESPIE, LIZA PORCARO 3RD, ALFRED R KUPPUSWAMY, NAVEEN LAM, YUK H BUYER2 RAMOS, DEYSI E YANG, GUANG MUNOZ, GLORIA P SARTELL, JOHN D SELLER1 HASAN, MONIRUL VIGORITO, MICHAEL REVERE STREET RT EPHESUS LLC WATSON, TAMIKO MARION R QUIGLEY LT COVIELLO, CAROL GILLESPIE JR, WILLIAM RAHMBERG, BRITTANY SCHUFAISL, RAMONA M TOM, KWOK C DEUTSCHE BK NATL T CO TR GOODHUE, JOHN R INVERCON CORP LITTLEFIELD, KEITH A MARGARET E BOTT RT BOTT SR, DAVID W SELLER2 LEPORE, NICHOLAS JONES, TAMIKA QUIIGLEY, JAMES G COVIELLO, JAMES GOODHUE, LESLIE A ed investments in some of the Commonwealth’s most pressing areas of need,” said Governor Charlie Baker. “With rising prices due to inflation, ongoing supply chain issues, and other pandemic-related delays impacting both the time and cost it takes to complete projects, it is critically important that we act quickly to ensure that we are able to maximize the impact of these surplus tax dollars for the citizens of Massachusetts and expedite our response to critical needs.” “This spending plan proposes initiatives that will benefit residents and communities across the state, with a focus on expanding opportunities for disadvantaged populations,” said Lieutenant Governor Karyn PoliBAKER-POLITO | SEE PAGE 20 Copyrighted material previously published in Banker & Tradesman/The Commercial Record, a weekly trade newspaper. It is reprinted with permission from the publisher, The Warren Group. For a searchable database of real estate transactions and property information visit: www.thewarrengroup.com. ADDRESS 52 CENTRAL AVE CITY EVERETT 595 REVERE BEACH PKWY #26 76 THORNDIKE ST 644 BROADWAY 50 MORRIS ST #1 15 EARLEY RD 80 FOSTER ST #209 1200 SALEM ST #167 25 ENDICOTT ST 48 GATES RD 70 HURD AVE 1 ATKINSON DR #6 REVERE REVERE REVERE PEABODY PEABODY PEABODY SAUGUS SAUGUS SAUGUS SAUGUS DATE 4/26/2022 REVERE 4/29/2022 4/28/2022 4/26/2022 4/28/2022 4/29/2022 4/25/2022 4/29/2022 4/29/2022 4/28/2022 4/27/2022 PRICE 865000 4/27/2022 270000 450000 845000 375000 625000 305000 550000 625000 735000 750000 314000
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