Cherry sheet estimates

Posted on July 11, 2017 | Comments Off on Cherry sheet estimates

The Massachusetts Department of Revenue is releasing Medfield’s state aid estimates for the fiscal year that just started July 1 (copy attached below).  Our state aid went up over the prior fiscal year about $140,000, but I do not make sense of the year over year decrease in the Local Aid Assessments.

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FY2018 Preliminary Cherry Sheet Estimates

The Division of Local Services has posted on its website preliminary cherry sheet estimates based on the Conference Committee budget recommendations approved by the legislature on Friday.

 

General Government: Unrestricted Gen Gov't Aid 1,393,771 1,448,128 1,448,128 1,448,128 1,448,128 Local Sh of Racing Taxes 0 0 0 0 0 Regional Public Libraries 0 0 0 0 0 Urban Revitalization 0 0 0 0 0 Veterans Benefits 22,422 16,487 15,060 15,060 15,060 State Owned Land 27,925 27,925 27,898 27,898 27,898 Exemp: VBS and Elderly 28,416 36,842 36,842 36,842 36,842 FY2018 Local Aid Estimates Medfield FY2017 Cherry Sheet Estimate FY2018 Governor's Budget Proposal FY2018 House Budget Proposal FY2018 Senate Budget Proposal FY2018 Conference Committee Education: Chapter 70 6,063,084 6,112,884 6,137,784 6,137,784 6,137,784 School Transportation 0 0 0 0 0 Charter Tuition Reimbursement 893 10,919 13,908 14,013 13,415 Smart Growth School Reimbursement 0 0 0 0 0 Offset Receipts: School Choice Receiving Tuition 0 0 0 0 0 Sub-total, All Education Items: 6,063,977 6,123,803 6,151,692 6,151,797 6,151,199 Offset Receipts: Public Libraries 15,422 16,164 16,776 17,217 16,164 Sub-Total, All General Government 1,487,956 1,545,546 1,544,704 1,545,145 1,544,092 Total Estimated Receipts 7,551,933 7,669,349 7,696,396 7,696,942 7,695,29120170711-CherrySheetBudgets_Page_220170711-CherrySheetBudgets_Page_3

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