|
|
Dear Tom,
Thanks for reading the March
edition of the Sannicandro
Sentinel. This issue includes
information about the upcoming
FY08 budget process, property
tax credits available to seniors
and updates about how you can
get involved in the legislative
process.
Governor Deval Patrick has just
released his FY08 budget
recommendations and the House of
Representatives is getting ready
to release our budget. We are
planning to make local aid and
education funding top priorities
and I'm excited about what we
are going to accomplish this
session.
As always, I encourage you to
contact my office or come and
visit me at my local office
hours.
Looking Forward,
 |
|
|
|
|
How is Ashland
Doing?
A summary of local
aid numbers for
Ashland
When I entered the
legislature, Ashland
was not receiving
its fair share of
Chapter 70 funding.
Through forming
coalitions and
exposing inequity in
the education
funding formula,
last year the
legislature laid out
a framework to
change the formula
over five years that
has been working
effectively for
Ashland.
Here's the breakdown
in numbers for
Ashland:
- FY06 Chapter
70: $2,710,448
- FY07 Chapter
70: $3,470,347
- FY08 Chapter
70: $3,970,458
(Governor's
Budget)
- 2 Year
Increase: 47%
- Total
Ashland
Education
Increase: 58%
- 2 Year
Lottery
Increase:
$307,500 or 29%
As always, I am
hoping to increase
this amount by even
more in the House
Ways and Means
budget due out soon.
I encourage you to
contact my office
with any questions
or concerns about
these numbers by
clicking below.
To email Tom click
here...
|
|
|
|
|
|
|
|
|
How is Framingham
Doing?
A summary of local
aid numbers for
Framingham
Like Ashland,
Framingham has seen
tremendous growth in
Chapter 70 funding
over the last two
years. While these
numbers are only the
beginning to ending
inequity in
Framingham's local
aid, Framingham too
is on a five year
plan to dramatically
increase education
funding and
reimburesement.
Here's the breakdown
in numbers for
Framingham:
- FY06 Chapter
70: $8,530,320
- FY07 Chapter
70: $10,628,154
- FY08 Chapter
70: $12,944,040
(Governor's
Budget)
- 2 Year
Difference: 52%
Increase
- Total
Framingham
Education
Increase: 44%
- 2 Year
Lottery
Difference:
$1,360,000 or
22%
These increases in
funding are greatly
helping Framingham
during the past few
tight fiscal years.
Both Framingham and
Ashland have
benefited greatly by
the work of our
legislative
delegation -- while
Chapter 70 funding
state-wide has
raised only 10% over
the past two years,
both towns have seen
increases in
education funding of
over 50%.
I encourage you to
contact me with any
questions or
concerns by clicking
on the link below.
To contact Tom click
here...
|
|
|
|
|
|
|
|
|
Be Part of the
Conversation!
How to get involved
in this legislative
session
To express any
questions or
concerns about any
local or state-wide
issue, please don't
hesitate to contact
Tom's office using
the information
below.
Also, Tom will be
hosting the
following office
hours in Ashland and
Framingham during
February:
Monday, March 5th
9-10 a.m.
Anthony's
Restaurant, Route
135
Wednesday, March
7th 9-10 a.m.
Callahan Senior
Center, Union Ave.
Friday, March
16th 8-9 a.m.
Sunnyside in Ashland
Friday, March
16th 9-10 a.m.
Ashland Senior
Center
Monday, March
19th 9-10 a.m.
J&M Diner Old Conn
Path
Monday, March
26th 4-5 p.m.
Framingham Public
Library
Office of Rep. Tom
Sannicandro
Phone: 617-722-2090
Fax: 617-626-0692
Tom.Sannicandro@state.ma.us
Wesley.Ritchie@state.ma.us
Office of Rep. Tom
Sannicandro
State House, Room
540
Boston, MA 02133
|
|
|
|
|
|
|
|
|
What is the Senior
Property Tax Circuit
Breaker?
It's tax time! For
specific information
please contact a tax
professional
What is the
Senior Property Tax
Circuit Breaker?
It’s called the
Circuit Breaker Tax
Credit because it’s
“triggered,” like an
electrical circuit
breaker when
property payments
exceed 10% of a
senior citizen’s
annual income.
Those who qualify
will still be
required to pay
property taxes to
their local
communities.
Seniors will receive
a dollar credit on
their Massachusetts
state income taxes
for every dollar
that the total of
their property tax,
water and sewer
bills exceed 10% of
their income, up to
the $870 maximum.
Is There a
Special Application?
If qualified, you
can claim the credit
by submitting a
completed Schedule
CB, Circuit Breaker
Credit, with your
2006 state income
tax return.
Eligible seniors
must file a return
and claim a refund
even if they do not
owe taxes.
Who is Eligible?
Massachusetts
residents who:
- Are age 65
or older before
January 1, 2007
(for joint
filers, it is
sufficient if
one taxpayer is
65 years of age
or older.)
- Own or rent
residential
property in
Massachusetts
and occupy the
property as
their primary
residence
- Have an
annual income of
$46,000 or less
for a single
filer; $58,000
or less for a
head of
household; or
$70,000 or less
for joint
filers.
- Have
property
assessed at no
more than
$684,000.
Who is Not
Eligible?
- Married
persons who do
not file jointly
for this credit.
- Those who
are a dependent
of another tax
filer.
- Those who
receive federal
or state rent
subsidy
directly; or
those who live
in a
property-tax
exempt facility.
- Those whose
property is
assessed at a
value of
$684,000 or
more.
For More Information
on Circuit Breaker
and WorkSheets!
|
|
|
|
|
