![]() You also need to know what type of commercial insurance you'll need to carry so that you can plan accordingly and ensure that you are complaint with the law. ![]() If you are thinking about starting a business in the Massachusetts, it's important that you have an understanding of the economic trends and commercial insurance requirements in the state before you set up shop.Įconomic trends are important, as they indicate whether or not the area offers a strong economy that will be able to support your business. Citizens bond oversight committees should be held responsible for telling the truth.You can find more information about Dracut, Massachusetts's business and economic environment here: Massachusetts Economic Data, Regulations And Limits On Commercial Insurance “There’s a lot of information which is withheld from the voters to induce them to vote. “Tell them exactly where they’re getting their money,” Petzold said. The California constitution, under Article 13A, states that approved and voter-passed bonds are required only for the purposes specified under a list of school facilities projects and certificated by the school district board, community college board or county office of education. He also criticized oversight committees for not always scrutinizing how bond funds are being used. Members of the oversight committee report to the public on whether the funds have been properly expended. He said bonds are required to have “protections” like the independent performance and financial audits, oversight committees of citizens who are taxpayers, senior citizens, parents and members of the public. Stephen Petzold, a Santa Clarita Valley resident who regularly attends government board meetings and is an advocate against bonds, said these “strict fiscal safeguards” are not always effective. “We’re still getting ever-changing information from the architect, and others, on what we would need to do, and then we have to look at what that would look like in addressing each one of our sites.”Īnother key finding from the survey showed respondents were more supportive of the bond measure if it included “strict fiscal safeguards” such as citizen oversight and annual independent financial audits. “We are talking about two years, but we really don’t know at this point,” Hawkins said. In the future, the bond the district puts in front of voters will look completely different from the one they just surveyed in June because of changing needs, Hawkins said. So, in terms of conducting and funding certain projects, it’s going to be different at each school site whether it will be to update equipment for student safety, construct new buildings for the incoming 4- and 5- year-olds coming into schools for universal prekindergarten, or retrofitting school sites in case of natural disasters. Hawkins said another challenge in planning for a bond measure is the physical diversity of school sites and needs within the district, as campuses are on different kinds of land and in different configurations. In its conclusions, FM3 Research found it is probably not the right time to propose a bond measure amid high rent or mortgages, and high food and gas prices, as support for the bond measure dropped to 50% after respondents were provided critical messaging against the measure. SCV Signal News Podcast with Aron BenderĪccording to the results, about six in 10 respondents believe the district has a need for additional funding, but only a quarter of respondents believe the need is great and 17% are unsure.
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