Word: maloneys
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Cambridge Treasurer James Maloney said a cut instate funds, which he said constitute 15 to 18percent of the city's budget, would force the cityto continue the hiring freeze initiated lastsummer as a result of the Dukakis cuts...
...Maloney said cuts in the June payment willdrastically hurt the city's ability to providebasic municipal and human sevices...
...certainly is not good news," Maloney said...
...Maloney said the direct veto would cost the city $1.57 million, and estimated that the total cost of the cuts would be about $3.3 million...
...Cambridge is in a little bit better shape this year than almost all other cities and towns in Massachusetts because it is currently taxing below its levy limit [as regulated by Proposition 2 1/2]," Maloney said. "It's our hope not to tax more, but that cannot be decided...