FY 12 Local Aid Projections

From the Dept of Revenue:

The FY2012 local aid estimates based on Governor Deval Patrick’s budget proposal have been posted to the Division of Local Services’ web site at the link below:

http://www.mass.gov/?pageID=dorsubtopic&L=5&L0=Home&L1=Local+Officials&L2=Municipal+Data+and+Financial+Management&L3=Cherry+Sheets&L4=FY2012+Cherry+Sheets&sid=Ador

The Governor’s budget proposal recommends funding FY2012 Chapter 70 at $3.990 billion or $139.3 million higher than FY2011. The Governor’s budget also recommends reducing Unrestricted General Government Aid by $65 million to $834.0 million in FY2012. Most other cherry sheet accounts are funded at the FY2011 level.

Please be advised that these estimates are based on the appropriation levels appearing in the Governor’s FY2012 budget proposal (House 1) and may change as the legislative process unfolds and proposed appropriation levels change.

Please note that Charter School and School Choice assessments may change significantly when updated to reflect spring enrollment data and final tuition rates.

The Department of Elementary and Secondary Education (ESE) has published the Chapter 70 aid calculations, minimum contributions and net school spending requirements on the Office of School Finance website at:

http://finance1.doe.mass.edu/chapter70/chapter_12p.html