News Briefs

Free Bike Repair at Spring Fair on May 20

Just in time for spring and summer weather, Bike Winthrop is proud to bring mechanics from Landry’s Bike Shop to the Spring Fair at Ingleside Park from 11-2 on Saturday, May 20. All bike repair services are free of charge, thanks to Winthrop Charities! Simply sign up for a 15 minute window to bring your bike (we’ll be set up near the skate hockey rink) at tinyurl.com/SpringBikeRepair, otherwise walk up is by availability.

There will also be a kids bike/scooter obstacle course in the skate rink and a group ride leaving from the park at 1:00. See you there! 

Next Stop Revere To Host Revere Beach Pride, First New England Pride Fireworks Show

In honor of LGBTQIA+ Pride Month, Next Stop Revere is hosting their second Annual Revere Beach Pride on Sunday, June 25, 2023.

Located under the rainbow balloon arch on the Christina & John Markey Memorial Pedestrian Bridge at 400 Ocean Ave, this event will be filled with fun, pride-themed activities.

Festivities begin at 2 P.M. for this free event open to the public. From a family-friendly drag show to a pride-themed photo booth with music by DJ Giller, there will be plenty to celebrate at Waterfront Square through 6 P.M.

Party locations include Fine Line, Dryft, and Mission Beach House, which will continue to host guests for the after party past 6 P.M. Special food and drinks options will be available at all three locations throughout the event.

“The Revere Pride event last year was an incredible community event, where folks from the LGBTQ+ community and allies came together in celebration of Revere’s diverse spirit,” said Acting Mayor Keefe. “This year, we’re excited to continue the new tradition with a fireworks show and continuing the work of making Revere a safe place for everyone, no matter their background, to live, love, and grow.”

Revere Beach Pride will be the first New England Pride event to host a themed fireworks show alongside their festivities. Starting at 9 P.M., there will be a Pride themed fireworks display from a barge along Revere Beach to conclude our celebrations.

For more information, visit www.nextstoprevere.com/event/2nd-annual-revere-beach-pride/.

Next Stop Revere is the City of Revere’s official tourism office. Weather by land, sea, of “T” make your Next Stop Revere.

April Revenue Collections Total $4.782 B

Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder announced that preliminary revenue collections for April totaled $4.782 billion, $2.163 billion or 31.2% less than actual collections in April 2022, and $1.435 billion or 23.1% below benchmark. April 2023 revenue collections were impacted by the elective pass-through entity (PTE) excise. After adjusting for DOR’s estimate of the net impact of PTE excis April 2023 collections are $1.447 billion or 20.2% below actual collections in April 2022, and $915 million or 13.8% less than benchmark. 

FY2023 year-to-date collections through April totaled approximately $32.317 billion, which is $2.174 billion or 6.3% less than collections in the same period of FY2022, and $1.171 billion or 3.5% below the updated year-to-date benchmark. After adjusting for DOR’s estimate of the net impact of PTE excise, FY2023 year-to-date collections are $406 million or 1.2% below actual collections in the same period of FY2022, and $841 million or 2.5% less than the updated year-to-date benchmark.

“The decrease in April collections in comparison to April 2022 is primarily driven by a decrease in non-withholding income tax,” said Commissioner Snyder. “The decline in non-withholding income tax is mostly attributable to a decrease in capital gain tax collections and an increase in PTE members applying credits to reduce their tax payments.”  

Historically, April has been the single largest month for collections, ranking first of the twelve months in eight of the last ten years. There are two main causes for April’s relative strength. First, the individual tax filing season reaches its peak. Payments made with returns are concentrated in April, while refunds are spread across February, March, and April. Second, the first income estimated payment installment for the current tax year is due in April.