Letter From John Olver: Get Your Rebate

By Rep. John W. OlverPrint Story | Email Story
Rep. John W.Olver
New Economic Stimulus Tax Rebates

With April 15 fast approaching, I wanted to remind you that in order to receive the new economic stimulus tax rebate, an individual must file a 2007 tax return. Individuals who do not normally file a tax return (including seniors and disabled veterans) should file the simple 1040A form in order to receive their rebates.

On Feb. 7, 2008, Congress passed the Economic Stimulus Act of 2008. It was signed into law by President Bush on Feb. 13, 2008. This law will provide lower-income and middle-income working families, and certain seniors and disabled veterans, with a tax rebate.

Taxpayers with one dollar of income tax or $3,000 of qualifying income will be guaranteed a minimum rebate check of $300 ($600 for a joint return). Taxpayers earning up to $75,000 will generally receive a rebate check of $600 ($1,200 for a joint return). Taxpayers earning more than this level of income will received a phased out rebate. In addition, a taxpayer is eligible for an additional $300 for each qualifying child.

"Qualifying income" generally is the sum of an individual's earned income, Social Security benefits, and payments to disabled veterans or their survivors.

<L2>The IRS has announced that people who use direct deposit will be among the first to receive the tax rebate starting May 2. Paper checks will be put in the mail starting May 16. Tax rebates will be issued according to the last two digits of the main filer's Social Security number. A schedule of payments dates based on Social Security numbers can be found in IRS Notice 2008-44, available at www.irs.gov.


The IRS has an economic stimulus calculator on its Web site for taxpayers to use to calculate the amount of their stimulus check. Taxpayers will need to have the information from their 2007 income tax returns available.

These rebates are designed to give a much needed boost to our economy. Please contact my local offices if you have any questions about the Economic Stimulus Act or the tax rebates.

Sincerely,
U.S. Rep. John W. Olver
1st Massachusetts District
If you would like to contribute information on this article, contact us at info@iberkshires.com.

Lanesborough Town Meeting to Vote Budget, Bylaws & Vehicle Purchases

By Breanna SteeleiBerkshires Staff

LANESBOROUGH, Mass. — Tuesday's annual town meeting includes a $14 million operating budget, new short-term rentals, accessory dwelling units and sign bylaws, and free cash article appropriations.

Voters will gather at Lanesborough Elementary School on June 9 at 6 p.m. to decide on 20 warrant articles.

The fiscal 2027 budget is up a little over 10 percent. Some of the main increases are the Mount Greylock Regional School District and McCann Technical School: the McCann assessment is up more than 30 percent based on factors including enrollment and the school renovation project, and Mount Greylock's is up 11 percent.

Article 11 is for the town to vote to approve from free cash the sum of $16,298.48 for the McCann Technical School roof and window replacement project so as not to impact the budget. Article 3 is  appropriate $7,586,284 for Mount Greylock Regional School assessment.

Another notable increase was in life and health insurance, showing an increase of about 26 percent.

Ambulance Director Jen Weber is planning 24-hour coverage, which means more staff and a hike in her budget. One of the articles asks the town to appropriate $234,100 to operate the Ambulance Enterprise Fund for salaries and expenses.

Many town departments are looking for new vehicles. The Fire Department is looking to replace its outdated 1996 fire engine. There are two articles related to the truck at a total of $813,366. Article 12 would transfer $225,000 from free cash into the Fire Truck Stabilization Fund; Article 13 would transfer $605,000 from the fund and authorize the borrowing of $208,366.08.

The total includes a $100,000 contingency cost to cover any additional costs if a 2026 model-year chassis cannot be secured before new emissions standards go into effect in 2027.

The board at its last meeting moved the $225,000 transfer to come before the borrowing article, changing the stabilization number. If the $225,000 is not voted on, then they will amend the next article's number on the floor, subtracting the $225,000. This shows the borrowing number significantly lower.

Article 17 asks for the transfer of $80,000 from free cash to replace a police cruiser.

Police Chief Rob Derksen's aim is to replace one vehicle every other year, meaning the oldest vehicle gets replaced about every 10 years. 

He stressed that if delayed this year, the town may have to double up in a future year to get back on schedule, and that paying later usually costs more. The article will ask for $80,000 from free cash, the vehicles used to be funded by the BHRD.

Lastly, the Highway Department is looking to replace a 2014 International dump truck that will be a total of $330,000 and will take two to three years to receive.

Money will be used from last year's approval of $250,000 from free cash for the replacement of a 2012 highway front-end loader that was underspent $49,261. Town meeting is being asked to approve  a transfer of $53,274.85 from free cash and the use of $227,464 from funds from the Sale of Town Real Estate to fund the balance.

Other free cash proposals include $1,200 to purchase software to support tracking and ongoing maintenance schedules of town-owned vehicles; $42,000 for the replacement of the Highway Department's storage shed roof, $200,000 to reduce the tax levy.

View Full Story

More Stories