Showing posts with label local aid. Show all posts
Showing posts with label local aid. Show all posts

Saturday, December 1, 2012

The Massachusetts State Budget: State Aid to Education



As The O’Zone pointed out yesterday, state aid is a vital component of the town’s budget.

Aid for general government constitutes between 12% and 13% of total non-education expenses.

But this is trivial when compared to the portion of Southbridge’s education budget underwritten by state aid. During the fiscal year at least 71% of the town’s education budget is provided by state funding.

Friday, November 30, 2012

The Massachusetts State Budget: Non-Education Local Aid



Southbridge’s FY 2013 non-education budget totals $21,641,836. Of that total, $2,760,518 or 12.8% is projected to come from unrestricted general government local aid from the state. In FY 2012 state aid constituted the same dollar amount, but represented only 12.4% of the town’s non-education budget.

Clearly any funding source that comprises 12% to 13% of the town budget is a matter of serious concern. While it does not rise to anywhere near the $17,650,872 in Chapter 70 funds that underwrite the town’s education budget, 71% of the total, any threat to local aid funding could have dire effects on the town.