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Tag: finance

City Hall

Income Tax Rate to Drop to 5.05 Percent Jan 1

December 28, 2018

Last week, the Massachusetts Department of Revenue announced that revenue benchmarks have been satisfied, allowing the state’s Part B income tax rate…

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City Hall

Councillors Vidot, Avellaneda Battle Over Campaign Finance

November 17, 2018

Council President Damali Vidot and Councillor Roy Avellaneda have been battling over a campaign finance violation issued by the state to Vidot…

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Schools

MCU Awards Scholarships to Local Students

July 27, 2018

Recently, Metro Credit Union distributed $16,000 in scholarships to high school seniors preparing for college. The organization’s Scholarship Program is open to…

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News

New School Finance Director Chosen from UMass’s Collins Center

June 22, 2018

The School Department has named Monica Lamboy, a senior associate at the Collins Center at UMass Boston, to serve as the new…

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Community

Gov Baker Signs Bill to Fund New Quigley Hospital at Chelsea Soldiers’ Home

November 25, 2017

A capital bond bill signed by Gov. Charlie Baker on Tuesday expands bond authorization to the tune of $244 million, directing funds…

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News

Enforcement Actions:City Settles with Securities and Exchange Commission for Bond Violations

September 1, 2016

In a coordinated enforcement action, the federal Securities and Exchange Commission (SEC) announced last week that it had taken measures against 71…

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Schools

We Can Do Better

March 4, 2016

(Testimony delivered on Monday, Feb. 29, by Chelsea Supt. Mary Bourque before a special state Joint Ways & Means Committee at Everett…

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City Hall

Council OK’s Ambrosino Contract at $170k Per Year

June 18, 2015

City Councillors unanimously approved a four-year working contract for new City Manager Tom Ambrosino that will pay him a salary of $170,000…

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Community

The Polish American Veterans Post 13

June 6, 2013

At its Fourth Street headquarters, the Polish American Veterans Post 13—an esteemed group of military veterans—held its meeting and conducted elections. In…

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City Hall

S&P Raises City’s Credit Grade to AA-

May 9, 2013

Local officials were ecstatic with the news that Standard & Poor’s had increased Chelsea’s credit rating to AA- last week – one…

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