Gov. Deval Patrick formally submitted a $34.8 billion state budget proposal to lawmakers on Wednesday. The spending plan calls for $1.2 billion in additional revenue from tax changes Patrick proposed last week.
Patrick's proposal would cut $5.6 billion in local aid for cities and towns. Residents statewide would see a 1 percent income tax increase, while the state sales tax would be reduced.
Patrick wants new revenue to pay for transportation and education initiatives. Patrick says his budget would also increase local education funding by $226 million for 2013.
"I understand many households in Massachusetts continue to struggle from the impact of the great recession," said Patrick. "I am confident that investing in meaningful education and transportation today will significantly improve and expand job growth and economic opportunities tomorrow."
Lawmakers are expected to spend several months reviewing the budget.
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