According to the data center, Waltham would see a total of $2,345,211 in Chapter 90 funds which are used to build and maintain roads in communities. Waltham Public Schools would see an increase of $2,509,646 in Chapter 70 educational funding. In total, Waltham would receive $10,211,644.
"Governor Patrick’s budget plan includes a $1 billion annual investment in the Commonwealth’s transportation system ... (and) includes a $550 million investment in education, reaching $1 billion over four years," an administration press release said.
To pay for increases in revenue, Patrick is seeking a 1 percent increase in the income tax to 6.25 percent. He has also proposed eliminating up to 44 tax deductions. To ease the burden of these increases, especially on lower-income families, Patrick has also proposed reducing the sales tax from 6.25 percent to 4.5 percent and doubling personal exemptions.