St. Paul officials hope the new year brings several items from the Legislature — legalized recreational marijuana, college savings accounts for kids, new housing funds and increased state aid. And, St. Paul recently approved a gradual step-up to a citywide $15 minimum wage — why not make it statewide? That, and a new Third Street/Kellogg Boulevard bridge linking downtown St. Paul to the city’s East Side also are among top requests city officials are making to state lawmakers ahead of the 2019 session. ThaoMee Xiong, St. Paul Mayor Melvin Carter’s chief state lobbyist and director of intergovernmental affairs, presented the city council last week with 10 pages of legislative requests. Xiong, who works closely with fellow city lobbyist Noel Nix, called the legislative agenda “an extension of the budget priorities” that the city council passed this month. She noted the state projects a $1.5 billion budget surplus this year. City officials are hopeful … [Read more...] about St. Paul’s 2019 wish list includes legalized pot, college savings accounts, more state aid — and a new Kellogg Boulevard bridge
College savings accounts
The St. Paul City Council is expected to approve St. Paul Mayor Melvin Carter’s 2019 budget Wednesday afternoon — a week after the mayor agreed with council member requests to trim the tax levy increase by a percentage point and fill nine police officer jobs after promotions to investigative positions. Here’s five things you should know about the St. Paul budget and tax levy: LIBRARY FINES If you’re one of one the 51,000 patrons blocked from borrowing materials from the St. Paul Public Library system because of unpaid late fines, you’re in luck. The new city budget writes off $2.5 million in uncollected debt from late returners. Late fines will now be a thing of the past. Books and other materials that are lost or stolen will still require repayment. POLICE HIRING The St. Paul Police Department will promote nine officers to shore up a mental health unit, sex crime investigations, a downtown command and more. Rather than taking officers off the … [Read more...] about From library fines to college savings accounts: 5 things to know about St. Paul’s budget and tax levy
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Milton J. Valencia Globe Staff October 16, 2018 State Treasurer Deborah B. Goldberg on Tuesday announced SeedMA Baby, the first statewide savings account program that aims to put children on the pathway to saving for college. Goldberg said the program will guide parents through the process of opening what is known as a 529 account, which provides tax advantages for future education costs. The program will also contribute the first $50 to the account for parents and guardians of children born or adopted on or after Jan. 1, 2020. “We are empowering the next generation of Massachusetts residents,” Goldberg said during a State House press conference that included Mayor Martin J. Walsh. Advertisement Private donations, rather than taxpayer money, will be used to fund the program, Goldberg said, including an initial $300,000 donation Tuesday from the … [Read more...] about New state program will seed $50 for college savings accounts
Friday October 5, 2018 05:03 PM Costs of college keep moving up. The cost of college just keeps climbing, so it's never too early to start planning for how you will pay for it. And if you think your highly gifted student athlete or academic prodigy will win a full ride so you don't have to save, you should know that the odds are not in your favor. Sure, there is a lot of private and school-funded aid, but it's stretched among so many students that it's not enough for most families.The 2019-2020 Free Application for Federal Student Aid (FAFSA) is now available, allowing students and their parents to fill out the form they hope will lead to money to pay for college. But in most cases, the aid won't come close to covering the cost of four years of tuition, fees, room and board. While it's definitely still worth it to submit the FAFSA form, families have to do more. They've got to save if they want to eliminate or greatly reduce reliance on student loans. Just take in the … [Read more...] about Color of Money: College savings accounts hit record high, but it’s still not enough
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page By Michelle Singletary Washington Post October 06, 2018 WASHINGTON — The cost of college just keeps climbing, so it’s never too early to start planning for how you will pay for it.And if you think your highly gifted student athlete or academic prodigy will win a full ride so you don’t have to save, you should know that the odds are not in your favor. Sure, there is a lot of private and school-funded aid, but it’s stretched among so many students that it’s not enough for most families.The 2019-2020 Free Application for Federal Student Aid (FAFSA) is now available, allowing students and their parents to fill out the form they hope will lead to money to pay for college. But in most cases, the aid won’t come close to covering the cost of four years of tuition, fees, room and board. Advertisement While it’s definitely still … [Read more...] about The average 529 college savings account hits a record high. But it’s still not enough.