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Bank:Federal Reserve Bank of Boston  Series:Fiscal Facts 

Journal Article
Across the region: six-state review

Fiscal Facts , Issue Sum , Pages 6-11

Journal Article
Will the tobacco settlement payments go up in smoke?

In December 1995, Massachusetts attorney general Scott Harshbarger filed a civil suit against the tobacco industry. The Commonwealths lawsuit charged that the tobacco industry had conducted research into the addictive properties of nicotine and used this research to willfully manipulate the nicotine level of cigarettes in order to addict smokers and increase cigarette sales. The lawsuit asked the court for damages to compensate the Commonwealth for expenditures paid to treat smoking-related illnesses. At the time this litigation was filed, Massachusetts was the fifth state in the nation to ...
Fiscal Facts , Issue Spr , Pages 1-5

Journal Article
Are New Englanders all that reserved ? (adequacy of budgetary reserves)

Fiscal Facts , Issue Sum

Journal Article
New England has relied heavily on vulnerable Medicaid financing arrangements

Fiscal Facts , Issue Win , Pages 1-3, 8

Journal Article
How will New Hampshire solve its school funding problem?: part 3 of 3

Ever since the New Hampshire Supreme Court decided in Claremont II that the local property tax used to fund K-12 public education was unconstitutional, policymakers have struggled to find a permanent solution to the school finance problem. In June 2001, after a rancorous two-year public debate, and nearly four years after the Claremont II decision, policymakers enacted a second plan that made the statewide property tax permanent and added sufficient supplemental revenues to finance the legislature's definition of the amount required to fund an "adequate" education. However, the school ...
Fiscal Facts , Issue Win , Pages 1-8

Journal Article
The rising cost of operating state prisons

Fiscal Facts , Issue Fall

Journal Article
Is New England underinvesting in public infrastructure?

Fiscal Facts , Issue Win , Pages 1-5

Journal Article
How will New Hampshire solve its school funding problem? part 2 of 3

Ever since the New Hampshire Supreme Court decided in Claremont II that the local property tax used to fund K-12 public education was unconstitutional, policymakers have struggled to find a permanent solution to the school finance problem. In 1999, the legislature enacted an interim funding plan centered around a temporary statewide property tax. The price tag of providing New Hampshire students with an "adequate" education was set at $825 million in spending, but the funding plan raised revenues of only about $725 million. Thus, lawmakers were aware that they would have to revisit the ...
Fiscal Facts , Issue Fall , Pages 1-5

Journal Article
State gambling revenues: are legislators becoming addicted?

Fiscal Facts , Issue Sum

Journal Article
Do New England state and local governments have too many employees, and are they overpaid?

Americans tend to be ambivalent about their state and local governments. On the one hand, they desire and receive a host of public services from state and local governments, including education, police and fire protection, and the maintenance of roadways. Voters are often disenchanted by efforts to curtail these services or by a deterioration in their quality. On the other hand, many Americans think that their state and local taxes, especially local property taxes, are too high, and many citizens believe that their state and local tax dollars could be used more efficiently. Calls for ...
Fiscal Facts , Issue Sum , Pages 1-6, 12

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