Today John Nunnari provided the selectmen the legislature’s final state local aid numbers for Medfield for Fiscal Year 2011 (see below), which fiscal year starts next Thursday (7/1/10). These numbers came out of the legislative conference committee this week. These declines in the state aid that Medfield will receive are within the range for which we planned and upon which we as a town budgeted at our town meeting in April.
The timing of our receipt of the state revenue sharing numbers highlights just how broken the state and municipal budget processes are, where we have to vote our town budge long before we find out what amounts of the the state revenues the state will share with Medfield. My modest proposal is that the state should start its budget process earlier, so that the state can get the towns the state revenue sharing numbers before the towns are required to hold town meetings.
| Municipality/Regional District | 7061-0008 Chapter 70 | Unrestricted General Government Aid | Potential Allocation of Federal Funds from the ARRA State Fiscal Stabilization Fund | Potential Total Section 3 Local Aid (Contingent Upon Allocation of Federal Funds) |
| FY ’10 Actual Appropriation | $5,937,045.00 | $1,277,175.00 | $0.00 | $7,214,220.00 |
| Governors Proposal | $5,937,045.00 | $1,277,175.00 | $0.00 | $7,214,220.00 |
| MEDFIELD (House Engrossed Numbers) | $5,590,203.00 | $1,226,088.00 | $109,360.00 | $6,925,651.00 |
| MEDFIELD (Senate Engrossed Numbers) | $5,629,825.00 | $1,226,088.00 | $69,738.00 | $6,925,651.00 |
| FY ’11 Conference Committee Report | $5,590,203.00 | $1,226,088.00 | $109,360.00 | $6,925,651.00 |
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