01 / 25 / 2019
  - 11:03:39 AM
Cities And Towns Are Preparing To Move Forward With The Local Budgeting Process

By MyFM's Rick Michaels - Cities and towns are preparing to move forward with the local budgeting process, and the Department of Revenue is providing its best estimates for amounts of local aid and school aid the state will provide in fiscal year 2020. The DOR's Division of Local Services posted its preliminary cherry sheet estimates based on the fiscal year 2020 budget that Gov. Charlie Baker rolled out Wednesday. The numbers give local leaders an idea of how much state aid their town might receive. The budget that Baker unveiled Wednesday would increase unrestricted general government aid by $29.7 million and would increase Chapter 70 school aid by $200 million for Milford, Chapter 70 funds may come in around $26.8 million, up substantially from the 2019 total of $24.9 million. Meanwhile towns like Franklin, Hopedale, Medway and Bellingham will see very modest increases and for all those towns and Milford, the amount of unrestricted general government aid is also revealing small increases in funding. DOR say local officials should keep in mind that the estimates will likely change when the House and Senate pick up the budget process this spring with their own budget plans for fiscal 2020.

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