Politics & Government
New Local Aid Numbers Announced
The state Division of Local Services updated the fiscal 2014 cherry sheets with the projected local aid figures in the House Ways and Means budget.
Late last week, the state Division of Local Services updated the fiscal 2014 cherry sheets with the projected local aid figures in the House Ways and Means budget.
Earlier this year, Governor Patrick submitted his $34.8 billion budget to the Legislature. The proposed income tax hike is part of a comprehensive package aimed at investing in the state's infrastructure and in driving growth, Patrick said.
Take a look at how the numbers affect North Reading:
Find out what's happening in North Readingfor free with the latest updates from Patch.
FY 2013
Cherry Sheet Estimate
Find out what's happening in North Readingfor free with the latest updates from Patch.
FY 2014
Gov. budget ($)
FY2014
HWM Budget Proposal
6,625,625
6,625,625
Total education aid 6,571,852
6,634,400
6,634,400
General government Unrestricted general government 1,501,819
1,501,819
1,537,319 Sub-total, All general government 1,682,467
1,766,386
1,759,395
Total Aid (minus state assessments) 8,063,269
8,194,766
8,372,785
"Much of the Governor’s budget proposal is based on tax increases. As a result, I am cautious about any of the State Aid amounts listed for FY 2014," Town Administrator Greg Balukonis said.
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