Friday, September 19, 2008

FY 2009 Local Aid for Cambridge and Somerville

In the Fiscal Year 2009 State Budget approved by the House and Senate and signed by the Governor, both Cambridge and Somerville saw increases in the amount of aid that they receive from the state. There are three types of assistance that cities and towns receive from the state:

1. Chapter 70 funding. The Chapter 70 program is the major program of state aid to public elementary and secondary schools.
2. Additional Assistance.
3. Lottery Aid funded through Lottery revenues.

All three types of assistance are crucial to municipalities, and I’m very pleased that we were able to oversee increases in the bottom line for both cities that I represent.

Cambridge:

$9,313,701
Chapter 70 Funding:
$17,956,060
Additional Assistance:
$8,781,240
Total Lottery Aid:

$36,054,001
Total:
$800,348
Total Increase over FY 2008:

Somerville:

$20,597,265
Chapter 70 Funding:
$16,219,924
Additional Assistance:
$13,901,505
Total Lottery Aid:

$50,718,694
Total:
$341,626
Total Increase over FY 2008:

Fiscal Year 2009 Budget

Fiscal Year 2008 Budget


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Read more about the 2007-2008 Formal Legislative Session:

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