19
Nov
Marblehead’s looming budget challenges are part of a broader fiscal storm sweeping cities and towns across Massachusetts. According to a report from the Massachusetts Municipal Association last month, municipalities statewide are caught between rising service costs, constrained local revenue growth and limited, slow-growing state support. That combination, the MMA warns, is weakening many cities’ and towns’ ability to absorb new costs. Marblehead is already experiencing those pressures, town officials say. The MMA report found that municipalities are heavily dependent on property taxes and constrained by…
