I hope you are all having a great summer. I wanted to give you a quick update on the fiscal 2023 budget. House and Senate negotiators announced Thursday that they have reached an agreement on the fiscal year 2023 budget and expect to put it before the House and Senate for final passage on Monday. The budget will then go to Governor Baker who will have 10 days to exercise any vetoes. The budget then returns to the House and Senate. That would give them until July 31, (the end of the current legislative session), to override any potential vetoes. Again, our compensation will be retroactive to July 1.
I hope you enjoy the rest of the summer and please do not hesitate to reach out to me with any questions.
Matthew J. Machera
President MMachera@verizon.net 617-272-5491