Category Archives: Budgets

State updated our FY24 aid by $2K

Posted on August 4, 2023 | Comments Off on State updated our FY24 aid by $2K

Revised cherry sheet figures today on the Town of Medfield state aid:

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Posted in Budgets, Financial, Legislature, State

State aid to Medfield up $166K (2%)

Posted on August 1, 2023 | Comments Off on State aid to Medfield up $166K (2%)

The state budget was finally agreed upon by the legislature this week (a month into the fiscal year and long after the town had to set its own budgets at the annual town meeting (ATM) at the beginning of May).

The following are the Town of Medfield state aid amounts for FY24 that were just released – our state aid is $8,550,556, up $166,430 over FY23 (the last fiscal year):

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Posted in Budgets, Financial, Legislature, State

Senate adds about $20K to Medfield’s state budget $

Posted on May 10, 2023 | Comments Off on Senate adds about $20K to Medfield’s state budget $

Received today from Division of Local Services (DLS) at Massachusetts Department of Revenue. The Senate Ways and Means Committee added about $20K to the Governor and House budget version for Medfield (copy attached below) –

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Posted in Budgets, Legislature, State

Initial Cherry Sheet estimates have our state $ up about $147K

Posted on April 17, 2023 | Comments Off on Initial Cherry Sheet estimates have our state $ up about $147K

From Division of Local Services (DLS) –

FY2024 Preliminary Cherry Sheet Estimates 

On Wednesday April 12th the House Ways & Means Committee (HWM) released their version of the FY2024 budget proposal. The Division has posted updated preliminary cherry sheets on the DLS website.  

Click here for Preliminary Municipal Cherry Sheet Estimates or here for Preliminary Regional Cherry Sheet Estimates. Cherry sheet estimates for charter school tuition and reimbursements are based on estimated tuition rates and projected enrollments under charters previously issued by the Board of Elementary and Secondary Education. Please be advised that charter school assessments and reimbursements will change as updated tuition rates and enrollments become available. Estimates for the school choice assessments may also change significantly when updated to reflect final tuition rates and enrollments. It is important for local officials to remember that these estimates are preliminary and are subject to change as the legislative process unfolds. If you have any questions about the preliminary estimates, please contact the Data Analytics and Resources Bureau at databank@dor.state.ma.us.

Town of Medfield

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Posted in Budgets, Legislature, State

Gov’s budget released

Posted on March 2, 2023 | Comments Off on Gov’s budget released

From the Massachusetts Municipal Association. A detailed analysis is usually released, so expect that soon. –

  Breaking News from the MMA  

Gov. Healey releases FY2024 budget proposal

Today Gov. Maura Healey filed her $55.5 billion state budget plan for fiscal 2024, which includes funding for local accounts that she announced last week.

Healey’s proposal, known as House 1, would increase the main discretionary local aid account by 2% over fiscal 2023, while increasing Chapter 70 school aid by $586 million, which would fund commitments made in the 2019 Student Opportunity Act. The governor also proposed increases for regional school transportation, vocational school transportation, special education reimbursements, payments-in-lieu-of-taxes (PILOT), transportation of students in temporary housing, library aid, and rural school aid.

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Posted in Budgets

State budget writers announce consensus revenue growth forecast of 1.6% for FY24

Posted on February 1, 2023 | Comments Off on State budget writers announce consensus revenue growth forecast of 1.6% for FY24

From the Massachusetts Municipal Association. NB, the state budget process will likely be slower to unfold this year due to the gubernatorial change –

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Breaking News from the MMA



State budget writers announce consensus revenue growth forecast of 1.6% for FY24

The state’s budget writers announced yesterday that state tax collections are expected to grow by 1.6% in fiscal 2024 over a recently adjusted projection for fiscal 2023 revenue.

Administration and Finance Secretary Matthew Gorzkowicz, Senate Ways and Means Chair Michael Rodrigues and House Ways and Means Chair Aaron Michlewitz announced a consensus state tax revenue forecast of $40.41 billion for the fiscal year that will begin on July 1.

The increase does not include an additional $1 billion in projected revenue from the state’s new surtax on annual incomes over $1 million, which was adopted by voters in November. Dispensing funds generated from the surtax will be subject to appropriation, but the ballot measure stipulated that funds must be spent only in areas of transportation and education. Including the surtax, estimated revenue would increase the total budget projection for fiscal 2024 by 4.1% over the adjusted fiscal 2023 revenue estimate.

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Posted in Budgets, State

Picked up from Richard

Posted on December 30, 2022 | Comments Off on Picked up from Richard

Streetlight budget in 1923

In this week’s Hometown Weekly, Richard DeSorgher’s This Old Town column describes the Town of Medfield budget from 100 years ago in 1923. The total annual budget was $67,965 and your town, like today, spent the most on education, $24,000 that year. What surprised me was that the town spent $3K on streetlights. That latter is the same amount spent that year on snow removal, and $1K more than was spent on either the police or fire.

From memory the streetlight budget today is about $27,000. Interesting that streetlights were seen then as such a high priority.

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Posted in Budgets, History

FY23 Budget

Posted on October 13, 2022 | Comments Off on FY23 Budget

Email this afternoon from Town Administrator, Kristine Trierweiler –

We have submitted the FY2023 budget to GFOA  (Government Finance Officers Association) today seeking a distinguished budget award. The document has also been posted on the Town’s website:

https://www.town.medfield.net/DocumentCenter/View/6594/Medfield-FY2023-Annual-Budget

—

Kristine Trierweiler Town Administrator

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Posted in Budgets, Financial

Medfield’s ARPA Allocation = $3.796m.

Posted on September 14, 2022 | Comments Off on Medfield’s ARPA Allocation = $3.796m.

Medfield ARPA Allocation Direct (Treasury) $1,355,981.00 Norfolk County $2,440,866.29 Total $3,796,847.29 Total Grant Less 3% Admin Fee Medfield Share Norfolk County $2,516,357.00 $75,490.71 $2,440,866.29

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Posted in Budgets, COVID-19, Federal Government, Financial

Gov signs budget – town looks to get $267K more this year from state

Posted on July 28, 2022 | Comments Off on Gov signs budget – town looks to get $267K more this year from state

See the town Cherry Sheet for FY2023 here – https://dlsgateway.dor.state.ma.us/reports/rdPage.aspx?rdReport=CherrySheets.CSbyProgMunis.MuniBudgFinal

FY2022 we got $8,116,943 from the state

FY2023 we will get $8,384,126, or $267,183 more (a 3.2% increase).

This alert below came this afternoon from the Massachusetts Municipal Association –

Governor Signs FY23 Budget  

Supports Key Municipal Aid and School Funding   

And Offers Amendment to Important Retiree COLA Language   

Please Thank Your Legislators and Ask Them to Accept  the Governor’s Amended COLA Language  
July 28, 2022  

Dear Osler L. Peterson,  

This morning, Governor Baker signed a $52.7 billion budget, including each of the increases in municipal and school aid accounts for which the MMA has prioritized throughout the process.   

The Governor also signed 153 of 194 of the outside sections of the budget and has returned a key section with an amendment for the Legislature’s consideration.   

As enacted by the Legislature, Outside Section 134 would allow retirement boards that have accepted Section 103 of Chapter 32 to award a cost-of-living-adjustment of up to 5% to retirees, rather than the current limit of up to 3%.   

In response to concerns voiced by the MMA, specifically related to the lack of decision-making authority on a potentially large expense for municipal budgets, the Governor returned this section with amended language (for the full language, see Attachment S, Returned with Amendments, Section 134). The amended language provides that if a local or regional retirement board chooses to adopt this provision, municipalities would have the authority to accept or reject its decision. There is further clarifying language regarding situations that involve a county retirement board with more than one participating municipality. For those regional systems, 2/3rds of the participating municipalities would need to approve the higher COLA. In addition, the Governor’s amended language would provide important clarification that the potential 3-5% increase would apply only on the approved base, not the entire pension. This would eliminate some lack of clarity in the current language. The Governor’s amendments would provide critical municipal oversight for this costly provision.    

The provision now returns to the Legislature, which can accept the Governor’s proposed amendment, insist on its original language, or propose different language. If the Legislature insists on its own language, or proposes different language, the provision would return to the Governor, who would have 10 days to sign or veto the provision. With formal legislative sessions ending on July 31, a veto after that date would kill the provision, an outcome that is unlikely, since the Governor is likely to support a 5% COLA for state retirees.

Please contact your legislators and ask them to accept the Governor’s amendments to Section 134 (via Attachment S).  

Please also be sure to thank your legislators again for the important and significant increases in key accounts for municipal and school funding, all of which were included in the budget signed by the Governor:  

$63 million (5.4%) increase in Unrestricted General Government Aid, for a total of $1.23B, which is $31.5 million more than originally proposed Nearly $6B for Chapter 70 School Aid, Including doubling the increase for minimum aid districts from $30 per pupil to $60 per pupil

$440M for Special Education Circuit Breaker, an increase of $67M from FY22

$5.5M for Rural School Aid

$45M for PILOT for state-owned land, a 29% increase from FY22

$20M transfer from FY22 surplus for the Community Preservation Trust Fund

If you have any questions, please contact MMA Legislative Director Dave Koffman at dkoffman@mma.org or MMA Senior Legislative Analyst Jackie Lavender Bird at jlavenderbird@mma.org.  

Please Call Your Legislators Today to  Thank Them for their Support of Key Local Accounts and Ask Them  to Accept the Governor’s Proposed Language Regarding the Retiree COLA Provision   

Thank You!!
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Higher Logic

Comments Off on Gov signs budget – town looks to get $267K more this year from state

Posted in Budgets, Financial, State